San Diego & Coronado Property SearchHere you will have direct access to the latest San Diego Real Estate For Sale. Featuring detailed real estate information for San Diego including Coronado Cays, Coronado Shores, Coronado Village, Rancho Santa Fe, Del Mar, La Jolla, Solana Beach, and all Luxury San Diego Beach Communities. Property for sale: 3862-70 Swift Ave in San Diego3862-70 Swift Ave San Diego
Turnkey 5-unit multifamily asset in the high-demand North Park metro area, right at the edge of the Corridor/Cherokee Point neighborhoods. 3862-70 Swift Ave includes three 3BD/2BA units, one 2BD/2BA, and one 2BD/1BA—all fully rehabbed and updated with modern finishes and systems. Zero deferred maintenance and minimal capex projections in the long run make this a highly sought after passive real estate investment. Currently generating $14,784/month in gross rents with a 5.0% cap rate. Pro forma income is $15,975/month, delivering a projected 5.6% cap rate at market rates. This fully stabilized investment opportunity offers high upside in a rapidly appreciating submarket. Strong unit mix, updated interiors, and proximity to North Park’s retail, dining, and transit make this an ideal asset for investors seeking solid in-place income with future growth potential. Clean financials, renovated product, and a location that consistently drives tenant demand.
Listed by JLM Real Estate Inc
Data was last updated May 1, 2025 at 07:10 PM (UTC)
San Diego and Coronado Community SearchPlease find direct links to your favorite San Diego Luxury Communities below. These include Coronado Cays, Coronado Shores, Coronado Village and all other San Diego Luxury Real Estate communities, Having trouble finding your Dream Home? Try our complimentary Home Search Concierge service.
Fill out our Home Buyer Concierge checklist or contact Gerri-Lynn to get started now »
|
Equal Housing Opportunity.