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Multifamily

Beech St 942 Apartments

942 Beech St, San Diego, CA 92101

Listing Price: $9,950,000

Cap Rate
3.68%
Number of Units
31
Price/Unit
$320,968
Price/Gross SF
$691.84
Gross SF
14,382

Investment Overview

We are proud to exclusively present the sale of 942 Beech Street, a 31-unit apartment building located in the Cortez Hill neighborhood of Downtown San Diego. The property comprises thirty (30) studio apartments and one (1) 2BR/1BA. There are four resident parking spaces available in a basement garage, as well as a coin laundry facility on site. Constructed in 1935, the building has retained much of its original character throughout but the units and all common areas have been beautifully updated. These spacious and ideally located apartment homes easily attract affluent and professional tenants who desire to live in the heart of the city without compromising on quality. Additionally, 28 of the units have been renovated with new kitchens, flooring, ceiling fans, and custom paint.

Investment Highlights

  • 30 Studio & One 2BR/1BA Apartment Homes in Downtown San Diego's Premier Cortez Hill
  • Four Parking Spaces in Basement Garage & Common Laundry Room for Residents' Use
  • Charming Urban Character Throughout

Exclusively Listed By

Financing By

Multifamily

Beech St 942 Apartments

Listing Price: $9,950,000

Cap Rate
3.68%
Number of Units
31
Price/Unit
$320,968
Price/Gross SF
$691.84
Gross SF
14,382

Investment Highlights

  • 30 Studio & One 2BR/1BA Apartment Homes in Downtown San Diego's Premier Cortez Hill
  • Four Parking Spaces in Basement Garage & Common Laundry Room for Residents' Use
  • Charming Urban Character Throughout

Investment Overview

We are proud to exclusively present the sale of 942 Beech Street, a 31-unit apartment building located in the Cortez Hill neighborhood of Downtown San Diego. The property comprises thirty (30) studio apartments and one (1) 2BR/1BA. There are four resident parking spaces available in a basement garage, as well as a coin laundry facility on site. Constructed in 1935, the building has retained much of its original character throughout but the units and all common areas have been beautifully updated. These spacious and ideally located apartment homes easily attract affluent and professional tenants who desire to live in the heart of the city without compromising on quality. Additionally, 28 of the units have been renovated with new kitchens, flooring, ceiling fans, and custom paint.

Exclusively Listed By

Financing By

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