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5.6% Cap Rate!!! Mostly new construction! Tenants pay all utilities! Front single story unit taken down to the studs and rebuilt. 3 duplexes behind it. The back 2 units are reserved for low-income for 15 years. Completely rebuilt in 2025-26, the front unit was taken down to the studs and the back units are all new - metered individually for water and electric, operating costs are going to be far less than other units and repairs should be minimal. Listing agent will manage the property for 1 year at no cost to buyer at the right price. Broker is owner. 2 leases commited but not signed due to SDGE delays on final meter install date. Targeting Feb. 1 occupancy
| Last Updated | 2/3/2026 | Year Built | 0 |
|---|---|---|---|
| Community | 92105 - East San Diego | County | San Diego |
Price History
| Prior to Jan 13, '26 | $2,800,000 |
|---|---|
| Jan 13, '26 - Jan 30, '26 | $2,750,000 |
| Jan 30, '26 - Feb 1, '26 | $2,700,000 |
| Feb 1, '26 - Feb 3, '26 | $2,650,000 |
| Feb 3, '26 - Today | $2,600,000 |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 92105 - East San Diego |
| CONSTRUCTION | Stucco |
| HEAT | Forced Air |
| LOT | 6939 sq ft |
| LOT DIMENSIONS | 6938 |
Location
Contact us about this Property
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