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4015 Richmond St
San Diego, CA 92103 Hillcrest

$7,950,000 USD

Apartments For Sale • 11,343 SF

Property Details

Property Type Apartments
Total Building Size 11,343 SF
Lot Size 0.13 AC
Building Class B
Year Built 2025
Cap Rate 4.68 %
Zoning R-3

50 Transit Score

80 Walk Score

                
                    Highlights
                
                                Brand New 2025 Construction in the Heart of Hillcrest
                            
                                Offered at $418,421 Per Unit, Below Nearby Development Cost Benchmarks
                            
                                Approximately 11% Potential Rent Upside
                            
                                Exempt from AB 1482 Rent Caps Through at Least 2040
                            
                                Steps from Shopping, Dining, Balboa Park and Major Medical Employment
                            
                                Nearby $28M Pride Promenade Investment Enhancing Hillcrest

Property Flyers

The Richmond OM - 2026

Financial Summary (Actual)

Net Operating Income: $372,248 USD (2025)

Cap Rate:	4.68 %
Total Expenses:	$157,567 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Arrow - 4015 Richmond St

Amenities

24 Hour Access
Air Conditioning
Balcony
Heating
Walking/Biking Trails
Kitchen
Oven
Range
Tub/Shower
Storage Space
Elevator
Window Coverings
Public Transportation

Public Transportation

Commuter Rail	Drive	Walk	Distance
	6 min	-	3.4 mi
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze))	8 min	-	3.9 mi
Airport	Drive	Walk	Distance
San Diego International	7 min	-	2.9 mi

Ricardo Lopez 619-736-0201 ACI Apartments

4015 Richmond St San Diego, CA 92103 Hillcrest