7-Unit Multifamily Value-Add/Investment Property
100% Leased - Ample onsite parking - ADU Opportunity
Marketing description
Located in Swan Canyon within City Heights, this property offers a central San Diego location with convenient access to Interstates 805, 15, and 8, providing easy connectivity to downtown, major job centers, and beaches. The area continues to see strong demand and consistent rental growth, and is
widely recognized as one of the city’s most resilient multifamily submarkets. Close to local amenities and neighboring Normal Heights, the property benefits from both accessibility and long-term investment appeal.
Investment highlights
ERA Ranch & Sea Real Estate is pleased to offer for sale 2621 Highland Ave, a 7-unit multifamily value-add/investment property. Well maintained, 2621 Highland offers a new investor significant immediate rental upside. Built in 1979, the property is sprawled out over an expansive 7070 SF lot and features an ideal unit mix of spacious floor plans, including (4) one-bedrooms, (2) two-bedrooms, and (1) two-bed, two-bath townhome with a bonus room & attached 2-car garage (ADU potential). The gated property also includes 10 onsite parking spaces and a private laundry facility for the tenant’s convenience.
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