5160 69Th St San Diego, CA 92115

This exceptional 7-unit apartment building in San Diego, CA, presents a compelling investment opportunity. Completed in March 2024, the property boasts a mix of unit sizes, including four 1-bedroom/1-bathroom, two 2-bedroom/1-bathroom, and one spacious 3-bedroom/2-bathroom plus den unit. All units feature premium finishes, including quartz countertops, custom backsplashes, full appliance packages, in-unit laundry, ample closet space, and ductless split HVAC systems. Select units offer high ceilings and private patios. The property sits on a 0.21-acre lot and totals 4,709 square feet, with a price per square foot of $742.20 and a price per unit of $499,286. Community amenities include drought-resistant landscaping with drip irrigation, lighted pathways, and a gated interior common area for the three-bedroom unit. Energy-efficient features such as rooftop solar arrays and a utility bill back system further enhance the investment potential. The property's prime location offers easy access to freeways, parks, shopping, dining, and major employment centers in Mission Valley, University Towne Center, downtown San Diego, and the Southern California coastline. Its proximity to San Diego State University makes it ideal for student or faculty housing. This new construction asset offers protection from rent control measures and is poised to deliver strong returns for years to come. The asking price is $3,495,000, with a 4.88% cap rate.