2016–2020½ Newton Avenue | Six-Unit Apartment Building | 100% Occupied
$1,260,000
2016–2020½ Newton Avenue, San Diego, CA 92113
For Sale
Multifamily
Active
Last Updated: 10/12/2026
4.75
Cap Rate
100
Occupancy
Details:
Cap Rate: 4.75%
Occupancy: 100%
Units: 6
Year Built: 1948
Price Per Unit: $210,000
Description:
Six 1BR/1BA units in San Diego’s Barrio Logan submarket — one of the city’s most active infill multifamily markets, adjacent to Downtown San Diego, Naval Base San Diego, and Chicano Park.
In-place rents average $1,454/unit/month against achievable proforma market rents of $1,570/unit/month, representing roughly 8% rental upside without renovation. The single-story, six-unit building was built in 1948 and is 100% occupied.
Documents:
| Title | ||
|---|---|---|
| Offering Memorandum |
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Location
Gallery
