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31210383
31210384

2831-37 Columbia St., San Diego, CA 92103 For Sale

JB
CA 01824454
The Browar Group
Listed by The Browar Group
$1,995,000
188 days on market
Updated 19 days ago

2831-37 Columbia Street

Details
APN 451-662-04-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,860
Units 4
Cap Rate 4.80%
Tenancy Multi
Year Built 1959
Buildings 2
Stories 2

Multifamily | 4.80% CAP | 4 Units

Marketing description

Offers investors a rare opportunity to acquire a four-unit apartment building in one of San Diego's most sought-after urban neighborhoods. Perfectly positioned between Mission Hills, Bankers Hill, and Little Italy, the property delivers the ideal balance of strong in-place income, long-term appreciation, and unbeatable tenant appeal. With immediate access to Downtown San Diego, Balboa Park, the San Diego International Airport, and all major freeways, this asset combines location, lifestyle, and investment strength.

The property consists of four spacious and modernized two- bedroom, one-bathroom apartments, each featuring premium in- unit amenities including its own washer/dryer and air conditioning, ensuring maximum comfort and convenience for tenants. In addition, every apartment comes with a separate oversized storage area—a highly desirable feature in this competitive rental market. Importantly, tenants are responsible for all utilities under their rental agreements, minimizing operating expenses and streamlining management for ownership.

One of the most striking features of the property is its incredible, unobstructed views of Downtown San Diego and the San Diego Bay. This unique vantage point not only enhances the tenant living experience but also positions the property as a premier rental offering, creating consistently strong demand and long-term tenant retention.

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Listing Contacts

JB
CA 01824454
The Browar Group
Listed by The Browar Group

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Additional Information

Name
Josh Browar
License
01824454
Brokerage
The Browar Group
Title
Principal
Brokerage Address
2207 Garnet Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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