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24655375
24655390

6283 Lorca Drive, San Diego, CA 92115 For Sale

AH
CA CA 01981817
Marcus & Millichap - San Diego
GH
CA 02068512
Marcus & Millichap - San Diego
WD
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego
$2,999,000
376 days on market
Updated 22 days ago

6283 Lorca Drive

Details
APN 4730621000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,676
Net Rentable (SqFt) 6,152
Units 6
Cap Rate 5.59%
NOI $167,695
Price per SqFt $487
Year Built 1944
Year Renovated 2025
Buildings 3
Stories 2
Acreage 0.270

Multifamily | 6 Units | $499,833/unit

Marketing description

We are proud to present 6283 Lorca Drive, a newly remodeled multifamily complex located in the heart of San Diego, California. Fully renovated in 2024, this high-quality asset consists of six units, including four (4) spacious two-bedroom/two-bathroom units (738 SF each), one (1) three-bedroom/two-bathroom unit (1,260 SF), and one (1) five-bedroom/three-bathroom single-family residence totaling 1,940 SF. This pride-of-ownership property showcases a thoughtfully executed renovation with no expense spared. Each unit is crafted to offer an abundance of natural light, complemented by luxury finishes such as recessed LED lighting, designer ceiling fans, premium entryways and flooring, quartz countertops, custom tile backsplashes, and stylish bathroom designs. Residents enjoy in-unit laundry, full appliance packages, generous closet space, and efficient ductless split HVAC systems. Select units offer private patios and elevated ceilings for added comfort and appeal. Strategically located in Rolando Village, one of San Diego’s most sought-after mid-city neighborhoods, the property provides residents with a unique blend of suburban tranquility and urban accessibility. The area is known for its quiet, winding streets, vibrant small business district, and strong sense of community. Residents benefit from walkable access to local dining, retail, and entertainment options, while being just minutes from San Diego State University, Mission Valley, Downtown San Diego, and area beaches. Rolando Village is part of the College Area Business District, a growing hub that supports the thriving

Investment highlights

Fully remodeled and developed in 2025 with modern systems, interiors, and high-quality construction throughout

Attractive unit mix featuring two-, three-, and five-bedroom layouts to appeal to a wide range of renters

Comprised of large units, averaging over 1,000 sq ft.

Abundant off-street parking for tenants

High-end designer finishes including quartz countertops, premium fixtures, in-unit washers & dryers, ductless split HVAC systems, and select units with private patios, balconies, and elevated ceilings

Prime central location with convenient access to major employment centers including Downtown San Diego, Mission Valley, and San Diego State University

Market rate units exempt from AB 1482 rent control for 15 years allowing market rate rental flexibility and long term income potential

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Listing Contacts

AH
CA CA 01981817
Marcus & Millichap - San Diego
GH
CA 02068512
Marcus & Millichap - San Diego
WD
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$167,695.00
$13,974.58/mo

Valuation Metrics

0
DSCR
5.59%
Cap Rate
5.59%
ROI

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Additional Information

Name
Austin Ray Huffman
License
CA 01981817
Brokerage Phone
858-373-3122
Name
Graeme Henderson
License
02068512
Brokerage
Marcus & Millichap
Title
Broker
Brokerage Address
12544 High Bluff Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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