Property Detail
Description
FOR SALE: 5-Unit Apartment Complex – Prime Investment Opportunity Discover this well-maintained apartment complex, each featuring 2 bedrooms and 2 bathrooms. With consistent occupancy and long-term tenants, this property offers a rare opportunity for investors seeking reliable income and minimal turnover. Property Highlights: Unit Features: Each unit includes a mixture of luxury vinyl flooring, laminate, and some carpet flooring, kitchens with electric stovetop ranges, built-in ovens, and in-unit electric water heaters. Parking: 5 covered carport spaces available onsite. Laundry: Shared coin-operated laundry machines (leased). Upgrades: New electric subpanels installed at each unit in 2025. Management: Professionally managed for the past 10 years, ensuring smooth operations and upkeep. Income: Strong rental history with nearly $10,000 in gross monthly income. This property is a fully electric building with reliable systems, stable tenancy, and strong cash flow—making it an excellent addition to any investment portfolio.
Map Location
Listing provided courtesy of George Mairena of Imperial Properties. Last updated 2025-11-12 09:11:24.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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