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Multifamily

6283 Lorca Dr

6283 Lorca Dr, San Diego, CA 92115

Listing Price: $3,450,000

Cap Rate
5.02%
Number of Units
6
GRM
13.33
Occupancy
97.0%
Price/Unit
$575,000
Price/Gross SF
$560.79
Gross SF
6,152

Investment Overview

We are proud to present 6283 Lorca Drive, a newly developed multifamily complex located in the heart of San Diego, California. Fully renovated and constructed in 2024, this high-quality asset consists of six units, including four (4) spacious two-bedroom/two-bathroom units (738 SF each), one (1) three-bedroom/two-bathroom unit (1,260 SF), and one (1) five-bedroom/three-bathroom single-family residence totaling 1,940 SF.

This pride-of-ownership property showcases a thoughtfully executed renovation with no expense spared. Each unit is crafted to offer an abundance of natural light, complemented by luxury finishes such as recessed LED lighting, designer ceiling fans, premium entryways and flooring, quartz countertops, custom tile backsplashes, and stylish bathroom designs. Residents enjoy in-unit laundry, full appliance packages, generous closet space, and efficient ductless split HVAC systems. Select units offer private patios and elevated ceilings for added comfort and appeal.

Strategically located in Rolando Village, one of San Diego’s most sought-after mid-city neighborhoods, the property provides residents with a unique blend of suburban tranquility and urban accessibility. The area is known for its quiet, winding streets, vibrant small business district, and strong sense of community. Residents benefit from walkable access to local dining, retail, and entertainment options, while being just minutes from San Diego State University, Mission Valley, Downtown San Diego, and area beaches.

Rolando Village is part of the College Area Business District, a growing hub that supports the thriving community around SDSU. The university—just six minutes from Lorca Dr.—boasts over 34,000 students and contributes approximately $2.4 billion annually to the local economy. This prime location offers all the advantages of living in San Diego—the eighth-largest city in the U.S.—without the congestion often found in more densely populated coastal areas.

6283 Lorca Dr. presents a rare opportunity for investors to acquire a fully remodeled, turnkey asset in one of San Diego’s strongest and most dynamic submarkets. The property is ideally positioned near comparable multifamily communities, schools, employment centers, and essential infrastructure, offering long-term value, steady rental demand, and excellent growth potential.

Investment Highlights

  • Fully remodeled and developed in 2024 with modern systems, interiors, and high-quality construction throughout
  • Attractive unit mix featuring two-, three-, and five-bedroom layouts to appeal to a wide range of renters
  • Comprised of large units, averaging over 1,000 sq ft.
  • Abundant off-street parking for tenants
  • High-end designer finishes including quartz countertops, premium fixtures, in-unit washers & dryers, ductless split HVAC systems, and select units with private patios, balconies, and elevated ceilings
  • Prime central location with convenient access to major employment centers including Downtown San Diego, Mission Valley, and San Diego State University
  • Market rate units exempt from AB-1482 rent control for 15 years, allowing market-rate rental flexibility and long-term income potential

Exclusively Listed By

Financing By

Multifamily

6283 Lorca Dr

Listing Price: $3,450,000

Cap Rate
5.02%
Number of Units
6
GRM
13.33
Occupancy
97.0%
Price/Unit
$575,000
Price/Gross SF
$560.79
Gross SF
6,152

Investment Highlights

  • Fully remodeled and developed in 2024 with modern systems, interiors, and high-quality construction throughout
  • Attractive unit mix featuring two-, three-, and five-bedroom layouts to appeal to a wide range of renters
  • Comprised of large units, averaging over 1,000 sq ft.
  • Abundant off-street parking for tenants
  • High-end designer finishes including quartz countertops, premium fixtures, in-unit washers & dryers, ductless split HVAC systems, and select units with private patios, balconies, and elevated ceilings
  • Prime central location with convenient access to major employment centers including Downtown San Diego, Mission Valley, and San Diego State University
  • Market rate units exempt from AB-1482 rent control for 15 years, allowing market-rate rental flexibility and long-term income potential

Investment Overview

We are proud to present 6283 Lorca Drive, a newly developed multifamily complex located in the heart of San Diego, California. Fully renovated and constructed in 2024, this high-quality asset consists of six units, including four (4) spacious two-bedroom/two-bathroom units (738 SF each), one (1) three-bedroom/two-bathroom unit (1,260 SF), and one (1) five-bedroom/three-bathroom single-family residence totaling 1,940 SF. This pride-of-ownership property showcases a thoughtfully executed renovation with no expense spared. Each unit is crafted to offer an abundance of natural light, complemented by luxury finishes such as recessed LED lighting, designer ceiling fans, premium entryways and flooring, quartz countertops, custom tile backsplashes, and stylish bathroom designs. Residents enjoy in-unit laundry, full appliance packages, generous closet space, and efficient ductless split HVAC systems. Select units offer private patios and elevated ceilings for added comfort and appeal. Strategically located in Rolando Village, one of San Diego’s most sought-after mid-city neighborhoods, the property provides residents with a unique blend of suburban tranquility and urban accessibility. The area is known for its quiet, winding streets, vibrant small business district, and strong sense of community. Residents benefit from walkable access to local dining, retail, and entertainment options, while being just minutes from San Diego State University, Mission Valley, Downtown San Diego, and area beaches. Rolando Village is part of the College Area Business District, a growing hub that supports the thriving community around SDSU. The university—just six minutes from Lorca Dr.—boasts over 34,000 students and contributes approximately $2.4 billion annually to the local economy. This prime location offers all the advantages of living in San Diego—the eighth-largest city in the U.S.—without the congestion often found in more densely populated coastal areas. 6283 Lorca Dr. presents a rare opportunity for investors to acquire a fully remodeled, turnkey asset in one of San Diego’s strongest and most dynamic submarkets. The property is ideally positioned near comparable multifamily communities, schools, employment centers, and essential infrastructure, offering long-term value, steady rental demand, and excellent growth potential.

Exclusively Listed By

Financing By

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