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Price Your Legacy. Purchase an Opportunity.
This premier five-unit multifamily asset is the quintessential intersection of location, luxury, and long-term profitability. Completed in June 2025 and fully stabilized with one-year leases, this rare turnkey property is perfectly positioned to deliver immediate cash flow and powerful appreciation in one of Southern California’s most resilient and desirable rental markets.
Property Overview
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Unit Mix:
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(1) Charming 2-Bedroom House with Attached Garage – Rented at $3,200/month
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(4) Newly Constructed, Contemporary 2-Bedroom / 2-Bath Apartments
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(2) Rented at $2,900/month
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(2) Rented at $2,857/month
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Gross Scheduled Income: $14,714/month ($176,568 annualized)
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Stabilization: All leases signed as of June 1st, 2025
Crafted with modern design sensibility and tenant comfort in mind, the four brand-new apartments deliver the premium living experience today’s renters demand. Featuring luxury finishes, in-unit laundry, and efficient layouts, they attract high-income tenants with long-term rental stability.
Location. Lifestyle. Leverage.
Located just minutes from La Jolla, Pacific Beach, and the iconic San Diego coastline, this asset offers the very lifestyle that drives rental demand through the roof. A quick drive from the beaches, world-class dining, and dynamic nightlife, this property represents the epitome of Southern California living.
Better still, it’s within a 10-minute radius of the University of California, San Diego (UCSD)—a major economic engine and one of the top public research universities in the nation. That makes this asset a magnet for student renters, graduate researchers, and university employees alike. With UCSD’s projected enrollment growth and housing shortfall, proximity to campus is not just a convenience—it’s a competitive moat.
San Diego Market Outlook – Stronger Than Ever
San Diego continues to outperform peer cities with robust job growth, consistent rental demand, and an ongoing housing shortage. Over the next five years, rent growth is projected to increase by 4.2% annually, bolstered by:
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Tech and biotech sector expansion
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The city’s burgeoning life sciences industry
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Ongoing limited multifamily supply near the coast
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Ever-increasing demand from remote and hybrid workers seeking lifestyle-centric locations
As of Q2 2025, San Diego’s vacancy rates remain below 4%, and rent premiums are climbing in coastal neighborhoods—particularly in submarkets that combine walkability, campus proximity, and beach access. This property checks all those boxes.
Key Investment Highlights
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100% Occupied with One-Year Leases – Immediate Cash Flow
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Brand New Construction (June 2025) – Minimal CapEx Needed
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Top-Tier Rental Demographics – Young Professionals, Grad Students, University Staff
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Proximity to UCSD, Beaches, and Employment Centers
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Positioned in a High-Appreciation Submarket
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Inherent Rental Upside – Market trends support continued rent escalation
The Bottom Line
In an era where investment-grade multifamily assets are increasingly hard to find, this five-unit gem stands alone: stabilized, strategically located, and poised for long-term value growth. Whether you’re looking to 1031 exchange into a rock-solid performer or expand your San Diego portfolio with a best-in-class asset, this is the kind of acquisition seasoned investors dream about—but rarely find.
Own the next generation of coastal multifamily. Schedule your private showing today.
Contact Us
Address
3480–3484 Hatteras Ave
San Diego, CA 92117, USA
Contact
(858) 415-5455
