Property Detail
Description
Cash Flow - 7.65% Actual CAP Rate, with a projected 8.0%+/- Year 1 CAP Rate.! This investment offers an exceptional combination of strong in-place cash flow and future upside. Priced at just $196,333 per unit, the property presents an attractive basis, while also being located within an Opportunity Zone offering potential capital gains tax advantages. The asset consists of two separate parcels and is ideal opportunity for a 1031 exchange buyer. Additional features include ample parking consisting of six garages, six open parking spaces, a 2-car tandem driveway. Because this is a 15-unit complex, there also is no requirement for an on-site manager!
Map Location
Listing provided courtesy of Pat Swanson of Pat Swanson. Last updated . Listing information © 2026 SANDICOR.
Marsha Pellar
DRE# 01239460
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DRE#: 01239460
1299 Prospect St Suite 100 La Jolla, CA 92037
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