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34448343
34448345

832 Desty Street, San Diego, CA 92154 For Sale

GH
CA 02068512
Marcus & Millichap - San Diego
AH
CA CA 01981817
Marcus & Millichap - San Diego
WD
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego
$4,799,500
2 days on market
Updated 2 days ago

832 Desty Street, San Diego, CA 92154

Details
APN 6282001100
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 6,759
Net Rentable (SqFt) 6,759
Units 12
Cap Rate 4.75%
NOI $228,153
Price per SqFt $710
Year Built 2025
Buildings 3
Stories 2
Lot Size (SqFt) 0.18
Ground Lease No

Just Listed | 12 Units | Imperial Beach

Marketing description

We are pleased to present "Atlas 12 at Imperial Beach" a twelve-unit multifamily community located in the highly accessible Imperial Beach neighborhood of San Diego. This sleek boutique property offers a compelling combination of high-quality construction, modern interiors, and stable rental demand - all within one of San Diego's most strategically positioned submarkets.

Completed in 2026, Atlas 12 at Imperial Beach consists of ten (10) one-bedroom/one-bathroom units averaging approximately 496 square feet, one (1) one-bedroom/one-bathroom unit at approximately 747 square feet, and one (1) three-bedroom/two-bathroom unit at approximately 1,084 square feet. Each unit features a thoughtfully designed layout to maximize living space and functionality for today's urban renter. Interiors feature plenty of natural sunlight and are appointed with high ceilings, oversized windows, premium designer fixtures and finishes, quartz countertops, wood cabinetry, stainless-steel appliances, luxury vinyl-plank flooring, custom tile shower enclosures, ample closet space, recessed and pendant lighting, ceiling fans, split-level HVAC systems, and in-unit washers and dryers. Additionally, the property is located in a low-density residential neighborhood with ample street parking available for all tenants within walking distance to local schools and parks.

Centrally located in Imperial Beach with easy access to the beach, local dining, and major transportation routes, "Atlas 12 at Imperial Beach" benefits from excellent connectivity and tenant accessibility. The property is ideally suited for students, professionals, and residents seeking convenient access to education, employment, and lifestyle amenities. With off-street parking, minimal operational complexity, and potential for future enhancements such as accessory storage or shared amenities, "Atlas 12 at Imperial Beach" represents a rare opportunity to acquire a low-maintenance, income producing asset in one of San Diego's most resilient rental markets.

Investment highlights

  • Brand new construction completed in 2026 with ten (10) off street parking spaces

  • Prime East Imperial Beach location near major employment hubs and major transit including I5, and the 805, 905, and 75 freeways

  • Twelve-Unit Multifamily Asset with a mix of one-, and three-bedroom residences

  • Premium designer fixtures and finishes, in-unit washers & dryers, split level HVAC systems, and select units with patios or balconies, and high ceilings

  • Drought tolerant landscaping, drip irrigation, energy efficient lighting and rooftop solar

  • Market-rate / New construction asset provides shelter from California AB-1482 rent control measures

Listing Contacts

GH
CA 02068512
Marcus & Millichap - San Diego
AH
CA CA 01981817
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
$228,153.00
$19,012.75/mo

Valuation Metrics

0
DSCR
4.75%
Cap Rate
4.75%
ROI

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Additional Information

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