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Renovated 6-Unit Apartment Building
New
For Sale
$2,495,000

2720 Figueroa Blvd, San Diego, CA 92109

Six consistent residences offer two-bedroom layouts, individual parking, and convenient access to nearby recreation and transportation.

Property Size4,113 SF
Days on Market2

Property Features for 2720 Figueroa Blvd

General Information

Standard status Active
Size 4,113 SF
Property subtype Commercial

Building Details

Building Size 4,113 SF
Year Built 1969
Units 6
Listed By: Reese Nickell
Source: Elliman
Added: Sep 15 Last Checked: Sep 15 at 2:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reese Nickell

Investment Insights

Based on property information with market context.

This six-unit apartment property in San Diego features a uniform layout of two-bedroom, one-bath residences, each paired with one parking space. The buildings were fully renovated, providing a consistent configuration across the asset. Constructed in 1969, the property is positioned at a 5.7% cap rate and reports low vacancy.

Located at 2720 Figueroa Blvd, the property offers quick freeway access and sits a few blocks from Mission Bay Golf Course and the bay. Walk Score is 81, categorized as Very Walkable; Bike Score is 59, categorized as Bikeable; and Transit Score is 43, categorized as Some Transit.

Key Highlights

  • Fully renovated 6‑unit apartment property
  • Uniform mix of 2‑bed/1‑bath units
  • One‑to‑one parking for the residences

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Food Market Parking Lot & Garage Daycare Center Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,184
Businesses Nearby

Demographics for 92109, CA

44,671
Population
26,503
Households
1.7
Avg Household Size
35
Median Age
70%
College-Educated
97%
High-School Grad
7.6 sq mi
ZIP Area
5,878
Density / Sq Mi
$118,300
Median Household Income
$71,054
Median Earnings
$2,362
Median Rent
$1,136,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six consistent residences offer two-bedroom layouts, individual parking, and convenient access to nearby recreation and transportation.
Where is this apartment building located?
The property is located at 2720 Figueroa Blvd San Diego, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Fully renovated 6‑unit apartment property; Uniform mix of 2‑bed/1‑bath units; One‑to‑one parking for the residences
More about this property
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