Offered as a package within a larger 47‑unit garden complex, this opportunity lists seven units and associated building area totaling approximately 5,180 sqft on a generous 55,675 sqft (~1.28 acre) parcel in southeastern San Diego (ZIP 92114). The seller notes these seven units are being priced attractively relative to recent unit comps — an option for investors seeking a small, manageable package to add to a portfolio or to renovate and reposition for higher rents.
The buildings date to 1989 and present the typical footprint and finishes of late‑1980s garden apartments in this submarket. Units sit amid mature landscaping and surface parking, with multiple interior/exterior access points across the parcel. Photographs show consistent unit layouts and opportunities for cosmetic upgrades — kitchens and baths are functional but offer immediate upside from selective rehabs. The parcel scale gives flexibility for operational improvements such as upgraded laundry, parking reorganization, and phased capital expenditure plans.
Location is pragmatic for workforce housing demand: the property is within driving distance of Market Creek and neighborhood retail, with transit corridors providing connections to central San Diego employment nodes. The San Diego Unified School District serves the area. For an investor buyer, the package is positioned to generate stabilized cash flow with upside to rents through unit improvements and professionalized management.
Important: The Redfin feed records a list price of $21,000,000. The seller narrative included with the listing indicates pricing on a per‑unit basis (roughly $300k/unit) and references comps around $350k–$365k/unit. This listing requires immediate clarification — confirm with listing agent Michael Nucci whether the price reflects the 7‑unit package or the entire 47‑unit complex before underwriting. Rent roll, lease terms, and tenant data are available on request.