Description

Turnkey and meticulously maintained, this fully renovated 6-unit multifamily asset positioned at a 5.02% cap rate and offers a uniform mix of 2-bed/1-bath units with eight parking spots. Ideally located with quick freeway access and just a few blocks from Mission Bay Golf Course and the bay, the property appeals to tenants seeking both everyday convenience and a lifestyle-driven location. With a low vacancy and an attractive going-in yield, this offering presents a compelling opportunity for investors seeking stable, well-located cash flow in one of San Diego's most desirable and developing pockets.

Property details

Year built

1969

Property type

Residential Income

Lot size

4,921 sqft

Location

2720 Figueroa Boulevard • San Diego, CA 92109

More homes for sale and rent in San Diego, CA →

Listing Agent

Reese Nickell

DRE #: 02195727

Brokerage: Freedom Realty

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CRMLS

MLS# PTP2607496

Listed: 10/5/2026 4:20 AM

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/5/2026 3:24 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Freedom Realty

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

Residential Income - 2720 Figueroa Boulevard, San Diego, CA