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434 13th St
San Diego, CA 92101
Studios434 · Multifamily Property For Sale
·
26 Units
EXECUTIVE SUMMARY
Studios434 is a boutique multifamily asset located in the heart of East Village, Downtown San Diego, offering 26 fully renovated and furnished “Ready to Live”, studio units designed for today’s urban renter. Ideally positioned within one of San Diego’s fastest-growing neighborhoods, Studios434 combines modern finishes, walkable amenities, and a thriving live-work-play environment, making it an irreplaceable investment opportunity in a submarket defined by high barriers to entry.
Each unit has undergone comprehensive renovations, including updated kitchens, bathrooms, and flooring, eliminating the need for any immediate capital investment. The property’s modern aesthetic and functional layouts cater to professionals, students, and creatives who value efficiency and lifestyle.
Each unit has undergone comprehensive renovations, including updated kitchens, bathrooms, and flooring, eliminating the need for any immediate capital investment. The property’s modern aesthetic and functional layouts cater to professionals, students, and creatives who value efficiency and lifestyle.
PROPERTY FACTS
| Price Per Unit | $300,000 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.82% | Lot Size | 0.11 AC |
| Gross Rent Multiplier | 12.85 | Building Size | 13,502 SF |
| No. Units | 26 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1990/2018 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | C | ||
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| Cap Rate | 4.82% |
| Gross Rent Multiplier | 12.85 |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 13,502 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1990/2018 |
| Opportunity Zone |
Yes |
| Zoning | C |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 26 | $1,921 | - |
PROPERTY TAXES
| Parcel Number | 535-156-07 | Improvements Assessment | $5,494,934 |
| Land Assessment | $1,750,993 | Total Assessment | $7,245,927 |
PROPERTY TAXES
Parcel Number
535-156-07
Land Assessment
$1,750,993
Improvements Assessment
$5,494,934
Total Assessment
$7,245,927
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