$2,250,000

3035 Macaulay, San Diego, CA 92106

other
Built in ——
5,127sqft lot
—— car garage
$——/sqft
Listed 13 days ago

Property Description

A Rare Point Loma Investment Opportunity — Steps from Liberty Station Don't miss your chance to own this well-maintained six-unit apartment complex in one of San Diego's most sought-after neighborhoods. Ideally situated directly across from Liberty Station, this property offers the perfect combination of location, recent capital improvements, and immediate upside potential. The seller has invested significantly in the property's future, with a full electrical panel upgrade completed in 2025, major plumbing upgrades in 2023, and two remodeled bathrooms in 2026 — meaning a new owner can enjoy reduced maintenance costs and peace of mind from day one. With units that lease quickly upon vacancy and several currently rented below market rate, there is meaningful room to increase rents and boost returns over time. Additional income is generated through an on-site coin-operated laundry facility, and ample off-street parking is available for all units — a premium amenity in this highly walkable neighborhood. This is a motivated seller offering a competitively priced asset with a strong projected cap rate of 5.15 — making this an exceptional value in today's San Diego market. Expenses shown in listing and used to calculate cap rates are for the 2025 tax year and include water, SDGE, property insurance, current property tax, gardener, and property management fees. Current property manager charges 8% of rents for the property management fee, which could be saved if the buyer self manages. Tenants are paying for trash collection.

Listing Status:: Active
Date Added:: May 7, 2026
Data Last Updated:: May 20, 2026 at 1:16PM
Listing Office:: Three Guys Properties, Inc. : 619-674-1516
Listing Agent:: Neil Harris : 619-417-2824
MLS ID:: 260011073SD

A/C: Wall/Window Unit(s)
Heating: None

Parking: Parking spaces: 12

Roofing: Composition
General: FrameStucco

HOA Amenities: 0.0
Originating MLS: CRMLS_SAND
County: San Diego

Zoning: R-45303730900

Source: CRMLS_SAND

This listing courtesy of Neil Harris , Three Guys Properties, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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