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2048 N Highland Ave
San Diego, CA 92113 Shelltown

$1,450,000 USD

Multifamily For Sale  •  2,601 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 2,601 SF
  • Year Built 2023
  • Cap Rate 5.60 %
50 Transit Score
60 Walk Score

Highlights

By far best price new construction multifamily on the market!
$110k gross rents extremely rare for price point and on 3 units
Great unit mix of townhome style 2BR 2.5BA units
Parking on site, AC in all bedrooms and living rooms, washer/dryer in unit and more!

Property Flyers

Financial Summary (Actual)

Net Operating Income: $80,782 USD (2026)
Cap Rate: 5.60 %
Total Expenses: $25,782 USD

Amenities

  • Air Conditioning
  • Balcony
  • Washer/Dryer
  • Walk-In Closets

Public Transportation

Commuter RailDriveWalkDistance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 10 min - 5.5 mi
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 12 min - 8.6 mi
AirportDriveWalkDistance
San Diego International 12 min - 7.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
Josh Browar 619-701-6797 The Browar Group
Josh Browar 619-701-6797 The Browar Group