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Sofia Lofts(Fully Leased) 3045-3057 Broadway 17 Unit Apartment Building $8,955,000 ($526,765/Unit) 4% Cap Rate San Diego, CA 92102

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INVESTMENT HIGHLIGHTS

  • Each Unit has Solar = Very low to nothing Utility Bill
  • Location

EXECUTIVE SUMMARY

Sofia Lofts is a 17-unit, architecturally distinct multifamily community in the heart of San Diego’s vibrant Golden Hill. Built in 2014 by award-winning Nakhshab Development & Design, this LEED Platinum-certified property combines modern aesthetics, energy efficiency, and exceptional tenant amenities—all within a walkable, transit-friendly location just minutes from Downtown, Balboa Park, and South Park.
The property spans four parcels on 0.40 acres and features 13,796 rentable SF. Units range from efficient studios to spacious 2-bedroom residences, plus a fully restored 3BR/2BA historic house. Residences offer open floor plans, floor-to-ceiling windows, sealed concrete floors, quartz countertops, stainless steel appliances, in-unit laundry, and private or Juliette balconies. Select units enjoy views into a landscaped courtyard, which includes a communal BBQ area, fire pit, lounge seating, and an outdoor movie screen.
Sofia Lofts is a sustainable investment with a 90 LEED score, solar panels, ductless HVAC, Energy Star appliances, dual-pane windows, and EV chargers. Each unit is separately metered, with water sub-metering in place. Tenants enjoy secured access, 15 private garages, and business-grade Google Fiber internet.
Located in the eclectic Golden Hill neighborhood, Sofia Lofts boasts a 78 Walk Score and easy access to public transit and major freeways. Residents are within walking distance to restaurants, grocers, coffee shops, and local schools.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $8,955,000
Price Per Unit $526,765
Sale Type Investment
Cap Rate 4%
Gross Rent Multiplier 17
No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.40 AC
Building Size 13,796 SF
Average Occupancy 100%
No. Stories 3
Year Built 2014
Parking Ratio 1.09/1,000 SF
Opportunity Zone Yes
Zoning RM-3-7

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Island Kitchen
  • Skylights
  • Window Coverings

SITE AMENITIES

  • Controlled Access
  • Picnic Area
  • Gated
  • Grill
  • Media Center/Movie Theatre
  • Bicycle Storage
  • Car Charging Station
  • Community-Wide WiFi
  • Lounge

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 10 - 465 - 807
2+1 6 - 850 - 1,037
3+2 1 - 1,683
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 539-601-08
  • 539-601-09
  • 539-601-06
  • 539-601-07
Land Assessment
$929,943 (2025)
Improvements Assessment
$2,553,923 (2025)
Total Assessment
$3,483,866 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 37006814

  • Date on Market: 7/29/2025

  • Last Updated:

  • Address: 3045-3057 Broadway, San Diego, CA 92102

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