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1270 Colusa St - 1270 Colusa Sreet 2 Unit Apartment Building Offered at $1,369,070 CAD at a 2.74% Cap Rate San Diego, CA 92110



Investment Highlights
- Two detached homes: one 2BR/1BA and one 1BR/1BA, ideal for strong long term tenancy
- Stable, easy to manage property with consistent historical occupancy
- Attractive option for both investors and owner-users in a supply constrained coastal rental market
- Located on a 5,200 SF lot with significant onsite parking - a rare coastal advantage
- Immediate value add upside through interior renovations or strategic improvements
Executive Summary
Call for Offers Due: March 20th
We are pleased to present this well-maintained duplex situated on a 5,200 square foot parcel in one of San Diego’s most desirable coastal rental markets. This rare offering features two detached homes, ample parking, and immediate appeal for both owner occupants and investors seeking a low maintenance asset with stable income and long-term upside.
The property consists of a 2bedroom, 1bath front house and a 1bedroom, 1bath rear house, each with functional layouts, strong natural light, and private outdoor areas. The detached configuration enhances livability and renter demand, offering residents the comfort and privacy of standalone homes - a premium characteristic in this tight coastal submarket.
A standout feature of the property is the abundance of onsite parking, a valuable amenity in high density beach neighborhoods where off-street spaces are limited. The large 5,200squarefoot lot provides additional flexibility for future improvements, value add renovations, or long-term redevelopment potential (buyer to verify).
With consistent occupancy, stable cash flow, and the ability to capture immediate upside through interior upgrades or repositioning, this duplex presents a compelling opportunity to own a versatile and low-maintenance coastal asset.
We are pleased to present this well-maintained duplex situated on a 5,200 square foot parcel in one of San Diego’s most desirable coastal rental markets. This rare offering features two detached homes, ample parking, and immediate appeal for both owner occupants and investors seeking a low maintenance asset with stable income and long-term upside.
The property consists of a 2bedroom, 1bath front house and a 1bedroom, 1bath rear house, each with functional layouts, strong natural light, and private outdoor areas. The detached configuration enhances livability and renter demand, offering residents the comfort and privacy of standalone homes - a premium characteristic in this tight coastal submarket.
A standout feature of the property is the abundance of onsite parking, a valuable amenity in high density beach neighborhoods where off-street spaces are limited. The large 5,200squarefoot lot provides additional flexibility for future improvements, value add renovations, or long-term redevelopment potential (buyer to verify).
With consistent occupancy, stable cash flow, and the ability to capture immediate upside through interior upgrades or repositioning, this duplex presents a compelling opportunity to own a versatile and low-maintenance coastal asset.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,369,070 CAD | No. Units | 2 |
| Price Per Unit | $684,535 CAD | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 1,280 SF |
| Cap Rate | 2.74% | No. Stories | 1 |
| Gross Rent Multiplier | 20.03 | Year Built | 1971 |
| Price | $1,369,070 CAD |
| Price Per Unit | $684,535 CAD |
| Sale Type | Investment |
| Cap Rate | 2.74% |
| Gross Rent Multiplier | 20.03 |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 1,280 SF |
| No. Stories | 1 |
| Year Built | 1971 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $2,225 CAD | 500 |
| 2+1 | 1 | $3,471 CAD | 780 |
1 1
Walk Score®
Very Walkable (75)
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1270 Colusa St - 1270 Colusa Sreet
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