6736 Kelly St San Diego, CA 92111

This exceptional 7-unit apartment building in San Diego, CA presents a compelling investment opportunity. Located at 6736-40 Kelly Street, 92111, this property boasts a substantial 4,185 square feet across two, two-story buildings situated on a nearly 10,000 square foot lot. Built in 1970, the property offers seven parking spaces and a projected 5.00% cap rate with a projected net operating income (NOI) of $143,002. The property features a mix of mature fruit trees including guava, avocado, dragon fruit, apple, lemon, and cherimoya, adding to its unique appeal. Its location in Tier 4 of Complete Communities suggests significant development potential. The property's substantial lot size and convenient access to local amenities and public transportation make it an ideal investment for those seeking to maximize value in a rapidly evolving San Diego neighborhood. The Assesor's Parcel Number (APN) is 431-410-01-00. This is a rare opportunity to acquire a well-situated multifamily property with considerable upside potential in a desirable San Diego location. The asking price is $2,700,000.