3650 Quimby St 4 Unit Apartment Building $2,650,000 ($662,500/Unit) 4.06% Cap Rate San Diego, CA 92106

Introducing 3650 Quimby St, a newly completed four-unit community in the heart of Point Loma. This exceptional property features a fully renovated down to the studs, standalone 2-bedroom, 1-bathroom house, a stack of two newly constructed 2-bedroom 1-bathroom units, and an incredibly unique new construction 1-bedroom, 1.5-bathroom townhouse with a private rooftop deck offering stunning views of North San Diego Bay. All new construction and renovations were completed in 2025, delivering modern finishes, energy-efficient systems, and thoughtful design throughout. The interiors of these brand new homes were built to command top of market rents and feature new stainless steel appliances, quartz countertops, tiled backsplashes, stainless steel range hoods, glass shower doors and tiled enclosures, backlit mirrors in bathrooms, custom built-in shelves, refurbished and new hardwood floors, and ceiling fans. Residents of the 2-bedroom house benefit from a garage, oversized driveway that can fit up to 4 cars, and a large outdoor private patio. This community also features tandem parking spaces with alley access, a communal courtyard perfect for grilling and relaxing outside, and mini-split AC and in-unit laundry throughout every residence. Situated on a 5,227 SF lot, this property presents an ideal opportunity for a fully stabilized, hassle-free income generating complex, or an owner-user investor to live in one unit while generating rental income from the others. The mix of unit types caters to a variety of tenants, ensuring strong demand in one of San Diego’s most sought-after coastal neighborhoods.