5752-58 Riley Street, San Diego, CA 92110

This 8-unit apartment property was originally constructed in 1958 and is presented as a value-add opportunity. The building features a pitched roof and low-maintenance common areas, with updated dual-pane vinyl windows installed throughout. The property totals 4,574 square feet on a 4,976 square-foot lot and offers a unit mix of two studios, four 1-bedroom/1-bath units, and two 2-bedroom/1-bath units, supporting a broad urban tenant base. Reported capital improvements by the current ownership include LVP flooring and completion of a passed SB721 inspection.

On-site amenities include laundry, and the property provides five off-street parking spaces. Select units also offer partial views of Mission Bay/Point Loma. The asset is located in the Morena submarket of San Diego, with positioning described as minutes from Mission Bay and Pacific Beach and convenient access to major freeways, retail amenities, public transportation, and coastal recreation.

For investors, the existing configuration and maintenance history create a practical foundation for strategic unit renovations and operational efficiencies. The offering materials describe a path to increase NOI by 46.9% and bring rents to current market levels, supported by the existing unit mix and the ability to refresh interiors while maintaining an efficient, renter-friendly floor plan mix.