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942 23rd St
San Diego, CA 92102 Golden Hill

$2,400,000 USD

Apartments For Sale • 2,185 SF

Property Details

Property Type Apartments
Total Building Size 2,185 SF
Lot Size 0.11 AC
Building Class C
Year Built 1921
Cap Rate 5.88 %
Zoning R4

69 Transit Score

89 Walk Score

                
                    Highlights
                
                                Stabilized short/medium term rental
                            
                                High occupancy
                            
                                Walkable neighborhood
                            
                                Continued short term rental management available

Property Flyers

SCC1031_942 23rd St_V2.3 07032025 DIGITAL COMPRESSED

Financial Summary (Actual)

Net Operating Income: $141,071 USD (2024)

Cap Rate:	5.88 %
Total Expenses:	$89,779 USD

Amenities

Air Conditioning
Spa
Storage Space
Heating
Grill
Hardwood Floors
Views
Deck
Instant Hot Water
Lawn
Patio
Vinyl Flooring
Wet Bar

Public Transportation

Commuter Rail	Drive	Walk	Distance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze))	4 min	-	1.8 mi
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze))	7 min	-	5.0 mi
Transit/Subway	Drive	Walk	Distance
City College (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley), Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley))	1 min	13 min	0.7 mi
25Th & Commercial (Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley))	2 min	16 min	0.9 mi
Park And Market (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley), Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley))	2 min	17 min	0.9 mi
5Th Avenue (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley), Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley))	3 min	20 min	1.1 mi
Airport	Drive	Walk	Distance
San Diego International	8 min	-	4.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	1
Type:	Surface
Included in Rent:	Yes

Brian Nelson 619-226-6011 South Coast Commercial, Inc.

942 23rd St San Diego, CA 92102 Golden Hill