858-675-7872
2426 4th Ave, San Diego, CA for Sale
Apartments - FOR SALE
1/21
null | Request Cap Rate

2426 4th Ave
San Diego, CA 92101
Bankers Hill


HIGHLIGHTS

  • Captivating, unobstructed views of the city skyline and San Diego Bay, offering a unique and desirable feature for residents and investors alike
  • Impeccable, high-end finishes throughout, showcasing luxury and attention to detail in every space
  • Fourth and Laurel is newly constructed and exempt from California state rent control (AB 1482)
  • Fourth and Laurel is a “Walker’s Paradise” having a Walk Score of 94 with over 50 restaurants and bars within walking distance
  • According to Axiometrics, rent in the Bankers Hill/Mid-County submarket increased by 11.7% from 2023 to 2024, leading San Diego County in rent growth
  • Fourth and Laurel is within close proximity to I-5 onramp, providing access to San Diego’s key job centers within a 15-minute commute

OVERVIEW

Northmarq is pleased to present the opportunity to purchase Fourth and Laurel, a newly constructed 36-unit mixed-use property located in San Diego’s coveted Bankers Hill neighborhood. This brand-new boutique apartment community features luxury apartments with top-tier amenities and is ideally located in one of San Diego’s most walkable neighborhoods with an abundance of amenities and entertainment. With unobstructed views of San Diego Bay and Downtown, residents are treated to a stunning panorama, blending vibrant cityscapes with serene waterfront vistas. Fourth and Laurel’s interior finishes boast contemporary designs with spacious floorplans that present elegant finishes including wood-plank-style flooring, quartz countertops, in-unit washer/dryers, energy efficient Samsung appliances, and designer finishes throughout. This unique blend of refined sophistication and thoughtful design offers a living experience that feels both luxurious and welcoming. Fourth and Laurel presents investors with the exceptionally rare opportunity to own a newly constructed trophy asset in one of San Diego’s most desirable neighborhoods.

FOR SALE DETAILS

PRICE

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# OF UNITS

36

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fourth and Laurel

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2024

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

-

APN/PARCEL ID

533-106-13-00

ASK ABOUT THIS PROPERTY

Tyler SinksNorthmarqMore Info
858-675-7872

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Tyler SinksNorthmarqMore Info
858-675-7872

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.