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2520 E St 10 Unit Apartment Building $3,850,000 ($385,000/Unit) 5.44% Cap Rate San Diego, CA 92102
Investment Highlights
- Fully rebuilt 1-bedroom residences with luxury finishes including quartz countertops, stainless appliances, custom cabinetry, and in-unit washer/dryer
- Location / accessibility: walkable to Balboa Park, South Park, and Downtown, with quick freeway/transit access
- Strong rent metrics: ~$2,450 average rent (about $4.49/SF)
Property Facts
| Price | $3,850,000 | Property Subtype | Apartment |
| Price Per Unit | $385,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 5.44% | Building Size | 5,434 SF |
| Gross Rent Multiplier | 13.15 | No. Stories | 2 |
| No. Units | 10 | Year Built/Renovated | 2020/2025 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Zoning | CC-3-4 | ||
| Price | $3,850,000 |
| Price Per Unit | $385,000 |
| Sale Type | Investment |
| Cap Rate | 5.44% |
| Gross Rent Multiplier | 13.15 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,434 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2020/2025 |
| Opportunity Zone |
Yes |
| Zoning | CC-3-4 |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Ceiling Fans
- Walk-In Closets
- Double Pane Windows
- Vinyl Flooring
- Quartz Countertops
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $2,450 | 550 |
1 1
Walk Score®
Walker's Paradise (90)
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2520 E St
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