4674-78 Firestone StSan Diego, CA 92117

Property Details for 4674-78 Firestone St

Year built

2024

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional multifamily investment opportunity presents a newly constructed, Class A apartment building in San Diego's desirable Clairemont neighborhood. The property comprises twelve units across six buildings, featuring a mix of one-bedroom/one-bathroom and a three-bedroom/two-bathroom unit. Built in 2024, the 5,738 square foot complex boasts a 4.75% cap rate and is priced at $5,525,000 ($962.88/sq ft and $460,417 per unit). Units showcase contemporary design with 10-foot ceilings, oversized windows, granite countertops, stainless-steel appliances, luxury vinyl plank flooring, and in-unit laundry. Tenants enjoy a common area with a gazebo and BBQ. The property's prime location offers easy access to major freeways (I-805, I-5, I-8, and Highway 52), beaches, and employment centers like UTC, Kearny Mesa, Mission Valley, and Downtown San Diego. The property benefits from drought-tolerant landscaping, energy-efficient lighting, and rooftop solar. This is a rare chance to acquire a high-demand, luxury asset with potential for long-term rental premiums. The property is exempt from rent control measures (AB-1482) for 15 years. The address is 4674-78 Firestone St, San Diego, CA 92117, with APN 3551410300.

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.839

Longitude

-117.191

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