2234-2240 National Avenue | Six Unit Apartment Building | 100% Occupied
$1,320,000
2234-2240 National Avenue, San Diego, CA 92113
For Sale
Multifamily
Active
Last Updated: 10/12/2026
5.56
Cap Rate
6
Units
Details:
Cap Rate: 5.56%
Units: 6
Year Built: 1950
Price Per Unit: $220,000
Description:
Six 1BR/1BA units in San Diego’s Barrio Logan submarket — immediately adjacent to Downtown San Diego, Naval Base San Diego, and Chicano Park, and in the same corridor as recent comparable multifamily trades.
The property is 100% occupied at in-place rents averaging $1,590/unit/month, with proforma market rents averaging $1,717/unit/month — roughly 8% upside without renovation.
Documents:
| Title | ||
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| Offering Memorandum |
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Location
Gallery
