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$ 2,250,000
Est. payment /mo
Pending
3035-39 Macaulay San Diego, CA 92106
10 Beds
6 Baths
4,326 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Pending
Purchase Type For Sale
Square Footage 4,326 sqft
Price per Sqft $520
MLS Listing ID 260011073
Bedrooms 10
Full Baths 6
Lot Size 5,128 Sqft
Property Sub-Type Com-Res Income
Property Description
A Rare Point Loma Investment Opportunity — Steps from Liberty Station Don't miss your chance to own this well-maintained six-unit apartment complex in one of San Diego's most sought-after neighborhoods. Ideally situated directly across from Liberty Station, this property offers the perfect combination of location, recent capital improvements, and immediate upside potential. The seller has invested significantly in the property's future, with a full electrical panel upgrade completed in 2025, major plumbing upgrades in 2023, and two remodeled bathrooms in 2026 — meaning a new owner can enjoy reduced maintenance costs and peace of mind from day one. With units that lease quickly upon vacancy and several currently rented below market rate, there is meaningful room to increase rents and boost returns over time. Additional income is generated through an on-site coin-operated laundry facility, and ample off-street parking is available for all units — a premium amenity in this highly walkable neighborhood. This is a motivated seller offering a competitively priced asset with a strong projected cap rate of 5.15 — making this an exceptional value in today's San Diego market.
Location
State CA
County San Diego
Area Coastal South
Zoning R-4
Interior
Cooling Wall/Window
Fireplace No
Laundry Owned
Exterior
Parking Features Spaces
View Y/N No
Roof Type Composition
Total Parking Spaces 12
Building
Dwelling Type Apartment
Story 2
Others
Senior Community No
Tax ID 530-373-09-00
Virtual Tour https://www.propertypanorama.com/instaview/snd/260011073
Listed by Neil Harris, DRE#01912464 Three Guys Properties, Inc.
NEARBY SCHOOL & BUSINESS