Log In/Sign Up
Your email has been sent.
8353 Ivory Coast Dr - 8353 Ivory Coast Drive 8 Unit Apartment Building Offered at $3,895,000 at a 4.50% Cap Rate San Diego, CA 92126
Investment Highlights
- Brand new construction completed in 2026
- Eight-Unit Multifamily Asset with a diverse mix of one-, two-, and three-bedroom residences.
- Drought tolerant landscaping, drip irrigation, energy efficient lighting and rooftop solar
- Prime Mira Mesa Location (92126) near major employment hubs including Sorrento Valley, UTC, and Miramar.
- Modern fixtures & finishes, stainless steel appliances, in-unit laundry, and high ceilings
- Market-rate / New construction asset provides shelter from California AB-1482 rent control measures
Executive Summary
We are pleased to present 8353 Ivory Coast Drive, an eight-unit multifamily property located in the highly desirable Mira Mesa (92126) submarket of San Diego. Known for its strong residential appeal, proximity to major employment hubs, and convenient access to retail and transportation, Mira Mesa continues to experience consistent rental demand and long-term growth.
The property features a diverse and well-balanced unit mix, consisting of four one-bedroom/one-bathroom units, two two-bedroom/one-bathroom units, one two-bedroom/one-and-a-half-bathroom unit, and one three-bedroom/two-bathroom unit. This range of unit types allows the property to attract a broad tenant base, from individuals to larger households, supporting stable occupancy and long-term leasing flexibility.
Conveniently located near major shopping centers, dining options, and everyday services, 8353 Ivory Coast Drive also benefits from close proximity to key employment corridors including Sorrento Valley, UTC, and Miramar. With easy access to major freeways, residents enjoy seamless connectivity throughout San Diego County. The property represents a compelling opportunity to acquire a well-positioned, income-producing asset in one of San Diego’s most established and high-demand rental markets.
The property features a diverse and well-balanced unit mix, consisting of four one-bedroom/one-bathroom units, two two-bedroom/one-bathroom units, one two-bedroom/one-and-a-half-bathroom unit, and one three-bedroom/two-bathroom unit. This range of unit types allows the property to attract a broad tenant base, from individuals to larger households, supporting stable occupancy and long-term leasing flexibility.
Conveniently located near major shopping centers, dining options, and everyday services, 8353 Ivory Coast Drive also benefits from close proximity to key employment corridors including Sorrento Valley, UTC, and Miramar. With easy access to major freeways, residents enjoy seamless connectivity throughout San Diego County. The property represents a compelling opportunity to acquire a well-positioned, income-producing asset in one of San Diego’s most established and high-demand rental markets.
Data Room Click Here to Access
Property Facts
| Price | $3,895,000 | No. Units | 8 |
| Price Per Unit | $486,875 | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 5,030 SF |
| Cap Rate | 4.50% | No. Stories | 2 |
| Gross Rent Multiplier | 15.31 | Year Built | 2025 |
| Price | $3,895,000 |
| Price Per Unit | $486,875 |
| Sale Type | Investment |
| Cap Rate | 4.50% |
| Gross Rent Multiplier | 15.31 |
| No. Units | 8 |
| Property Type | Multifamily |
| Building Size | 5,030 SF |
| No. Stories | 2 |
| Year Built | 2025 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $2,295 | 480 - 1,920 |
| 2+1 | 2 | $2,745 | 660 - 1,320 |
| 2+1.5 | 1 | $2,945 | 770 |
| 3+2 | 1 | $3,589 | 1,020 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
1 of 102
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
8353 Ivory Coast Dr - 8353 Ivory Coast Drive
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.