Investment Overview

Zorbas, Huffman, & Partners of Marcus & Millichap is pleased to present Elan Sandrock, a 28-unit community in the Serra Mesa Neighborhood of San Diego, California. The property’s unit-mix is comprised of twenty-eight (28) one-bedroom / one-bathroom units, ranging from 500 to 600 square feet. Serra Mesa is a community located in San Diego, California, nestled between the neighborhoods of Kearny Mesa and Mission Valley. It features a mix of residential, commercial, and recreational spaces. The area is known for its family-friendly atmosphere, with parks like the popular Serra Mesa Community Park offering sports facilities and playgrounds. Serra Mesa is also home to several schools and is conveniently situated near major highways, making it easily accessible to downtown San Diego and nearby attractions. The desirable hills of Serra Mesa are currently undergoing significant gentrification as new developments are seen from most streets. The property provides direct access to University of San Diego (5.1 miles away), Mission Valley, University Town Center, and Downtown San Diego (a Tier-1 employment center). At the base of Serra Mesa, the city of San Diego has developed the Morena Corridor Specific Plan, with the goal of improving traffic circulation, pedestrian and bicycle route upgrades, providing additional restaurant and commercial services with the extension of the trolley line. The property presents a rare opportunity for an investor to purchase a multifamily asset in one of the most highly sought-after submarkets in San Diego County.