Turn-Key 4-Unit Student
6407-13 Richard St San Diego, CA 92115
6407-13 Richard St, San Diego, CA, 92115
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For Sale
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Turn-key quadplex with four unit mixes totaling 16 beds and 9 baths, managed for 12-month leasing.
Property Size4,410 SF
Price / SF$679.14
Days on Market150
Property Features for 6407-13 Richard St
General Information
- Standard status
- Active
- Size
- 4,410 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2026
Listing agency
BRIDGEPOINT REALTY INC.
(760) 419-1343
Listed by
Alexio Barbara · License #01992393
Source
Crexi
Added: Feb 21 Updated: Jul 21 at 2:48AM Checked: Jul 21 at 9:23AM
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 BRIDGEPOINT REALTY INC.
Investment Insights
Based on property information with market context.
This turn-key 4-unit student rental quadplex is offered with management in place. 6407-13 Richard St includes one 5BR/3BA unit, one 4BR/2BA unit, and one 3BR/2BA unit, totaling 16 beds and 9 baths. The property is presented as 4,410 square feet and is described as newly constructed. The current management is characterized as effective in negotiating rental lease rates, with ongoing management available to continue operations.
The property operates on 12-month leases with early renewals, with vacancy stated as averaging less than 2%. The offering remarks also project expected performance starting August 2026, citing $20,200 per month on a year lease to students. An estimated 5.9% cap rate is included in the remarks.
If you’re looking for a managed, turn-key 4-unit rental structure with a defined leasing schedule and a projected August 2026 start, this asset is positioned around that current operating model as described.
The property operates on 12-month leases with early renewals, with vacancy stated as averaging less than 2%. The offering remarks also project expected performance starting August 2026, citing $20,200 per month on a year lease to students. An estimated 5.9% cap rate is included in the remarks.
If you’re looking for a managed, turn-key 4-unit rental structure with a defined leasing schedule and a projected August 2026 start, this asset is positioned around that current operating model as described.
Key Highlights
- New construction quadplex (YearBuilt 2026) with 4 units totaling 16 beds and 9 baths in 4,410 sqft
- Unit mix: 1 unit with 5BR/3BA, 1 unit with 4BR/2BA, and 1 unit with 3BR/2BA, for student housing
- Operates on 12‑month student leases with early renewals; vacancy averages less than 2%
Property Analytics
Location Intelligence
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FAQs
What type of property is this?
Quadplex - Turn-key quadplex with four unit mixes totaling 16 beds and 9 baths, managed for 12-month leasing.
Where is this quadplex located?
The property is located at 6407-13 Richard St San Diego, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: New construction quadplex (YearBuilt 2026) with 4 units totaling 16 beds and 9 baths in 4,410 sqft; Unit mix: 1 unit with 5BR/3BA, 1 unit with 4BR/2BA, and 1 unit with 3BR/2BA, for student housing; Operates on 12‑month student leases with early renewals; vacancy averages less than 2%