Turn-Key 4-Unit Student
For Sale
$2,995,000
6407 13 Richard St, San Diego, CA 92115
Four-unit property with 16 beds and 9 baths, currently run under 12-month student leases with management in place.
Property Size4,410 SF
Price / SF$679.14
Days on Market70
Property Features for 6407 13 Richard St
General Information
Standard status
Active
Size
4,410 SF
Property subtype
Investment
Financials
Cap Rate
5.9%
Business Included
Yes
Additional Details
Multifamily Units
4
Building Details
Year Built
2026
Stories
2
Units
4
Tenancy
Multi
Listing Agency:
BRIDGEPOINT REALTY INC.
(858) 735-9977
Listed By:
Adrian Gonzalez-Pureco · License #01992393
(858) 735-9977
Source:
Elliman
Added: Jun 4
Changed: Aug 8
Last Checked: Aug 12 at 6:31AM
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.
TURN KEY 4-unit student rental property offered with management in place. 6407-13 Richard St includes four separate units totaling 16 beds and 9 baths: one 5BR/3BA, one 4BR/2BA, and one 3BR/2BA configuration. The property is described as operating on 12-month leases, with early renewals to support consistently low vacancy.
The property is located in San Diego, CA, and is presented with walkScore of 51 (Somewhat Walkable), transitScore of 52 (Good Transit), and bikeScore of 25 (Somewhat Bikeable). Current management is noted as effective in negotiating lease rates, with continued management support available.
As marketed, the property is expected to generate $20,200 per month starting August 2026, rented on a year lease to students.
The property is located in San Diego, CA, and is presented with walkScore of 51 (Somewhat Walkable), transitScore of 52 (Good Transit), and bikeScore of 25 (Somewhat Bikeable). Current management is noted as effective in negotiating lease rates, with continued management support available.
As marketed, the property is expected to generate $20,200 per month starting August 2026, rented on a year lease to students.
Key Highlights
- New construction 4‑unit property built in 2026 in a student rental setup
- Unit mix: 5BR/3BA, 4BR/2BA, and 3BR/2BA totaling 16 beds and 9 baths
- Total building size of 4,410 sqft
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,425
Businesses Nearby
Explore this area
Business Placement
Demographics for 92115, CA
64,251
Population
23,448
Households
2.7
Avg Household Size
30
Median Age
39%
College-Educated
87%
High-School Grad
6.2 sq mi
ZIP Area
10,363
Density / Sq Mi
$75,178
Median Household Income
$36,061
Median Earnings
$1,875
Median Rent
$722,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with 16 beds and 9 baths, currently run under 12-month student leases with management in place.
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 4‑unit property built in 2026 in a student rental setup; Unit mix: 5BR/3BA, 4BR/2BA, and 3BR/2BA totaling 16 beds and 9 baths; Total building size of 4,410 sqft
