6752-6762 Solita Ave - Apartments FOR SALE


San Diego, CA 92115
$5,990,000 USD
760-930-7940
6752-6762 Solita Ave, San Diego, CA for Sale
$5,990,000 USD
Apartments - FOR SALE
1/17
null | 5.02% Cap Rate

6752-6762 Solita Ave
San Diego, CA 92115


HIGHLIGHTS

  • Over $900,000 of recent CAPEX at the property
  • Within 1 1/2 miles of highly acclaimed San Diego State University with more than 37k undergraduate students
  • 100% 3BR/2BA Detached Homes + attached garages & private yards
  • No shared walls
  • Comprehensively renovated | Upgraded interiors
  • Less than 6% of rental housing stock in San Diego are 3 Bedrooms

OVERVIEW

Over $900,000 on recent CapEX at the property. 10 - Detached 3BR/2BA Homes With Garages & Private Yards. 6752-6770 Solita Ave is an extremely unique residential rental offering in the City of San Diego, in the highly desirable and upscale enclave of Rolando Village, surrounded by a residential community of upscale homes. Just a little over a mile from the property is San Diego State University (SDSU), a bustling university with more than 37,000 students. The property consists of 10 single-family detached 3BR/2BA homes with attached garages and yards. Originally built in 1984, the property has been extensively renovated to a high level to attract elite tenants. More than $900,000 was spent to reposition the property with recent comprehensive renovations including (but not limited to) new upscale kitchens and baths, new flooring and paint throughout, all new A/C mini-splits, new fixtures, new in-unit washer/dryers, new individual hot water heaters, new roofs throughout, windows, new low maintenance and drought tolerant landscaping, and much more. Contact listing agent for offering memorandum.

FOR SALE DETAILS

PRICE

$5,990,000 USD

PRICE/SF

$631 USD /SF

# OF UNITS

10

PRICE/UNIT

$599,000

CAP RATE

5.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Solita Cottages | 10 - 3BR/2BA Detached Homes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

R2

APN/PARCEL ID

468-380-19

ASK ABOUT THIS PROPERTY

Peter ScepanovicColliersMore Info
760-930-7940

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Peter ScepanovicColliersMore Info
760-930-7940

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