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6219 Stanley Avenue, San Diego, CA 92115

Commercial property

6219 Stanley Avenue, San Diego, CA 92115 Sold November 2024 CRMLS
$4,100,000Sold November 2024

Listing Agent: Austin Huffman (DRE #01981817) · Listing Office: Marcus & Millichap · Contact: 818-212-2250 · Bought with: Austin Huffman · Marcus & Millichap · MLS #240021861SD · Source: CRMLS

16
Units
5.67%
Cap Rate
Commercial property
Type

About this commercial property

We are pleased to present 6219 & 6225 Stanley Avenue, a multifamily complex located in San Diego, California. The property is comprised of sixteen (16) spacious two-bedroom/one-bathroom units, ranging between 712 and 724 square feet, totaling approximately 11,488 rentable square feet (SF). The property is strategically located in Rolando Village, one of San Diego’s most desirable mid-city urban neighborhoods. Residents enjoy quiet winding streets, a small business district, and a strong sense of community with walkable access to local eateries, entertainment, and storefront retail. San Diego State University, Mission Valley, and Downtown San Diego are just a few minutes away, and residents can reach the beach within 20-25 minutes. The College Area Business District primarily serves the neighborhoods surrounding San Diego State University (SDSU). SDSU is only a 6-minute drive away from Stanley Avenue, boasting a student body of over 34,000 students, generating $2.4 billion annually for the San Diego economy. This means that Rolando residents essentially have all the advantages of living in the eighth-largest city in the US, with major employment centers, entertainment, and recreation nearby, without needing to deal with the crowds or other challenges that sometimes accompany more densely populated urban and coastal communities. This property presents a unique opportunity for an investor to purchase an asset in Rolando Village, one of the strongest submarkets at the forefront of rental growth in San Diego.

Listing description from the November 2024 sale, as reported to CRMLS.

Sale history

$4,100,000
Sold November 2024 · listed $4,600,000, on market September 2024 · MLS #240021861SD · Source: CRMLS
Listing Agent: Austin Huffman · Listing Office: Marcus & Millichap · Contact: 818-212-2250 · Bought with: Austin Huffman · Marcus & Millichap
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