1877 Donax Ave 3 Unit Apartment Building Offered at $1,935,290 CAD at a 3.80% Cap Rate San Diego, CA 92154

Welcome to a rare multi-unit property featuring three separate 2-bedroom, 1-bath residences on one lot with each private yard , offering flexibility, income potential, and future upside. This property is well-positioned for investors, owner-occupants, or buyers looking to add value over time. Major capital improvements have already been completed, including a brand-new roof, new windows throughout, and newly paved asphalt parking, reducing near-term maintenance expenses. Each unit is individually metered for water, electricity, and gas, allowing for efficient management and simplified utility billing. The layout provides strong functionality with each residence maintaining its own private living space, making the property ideal for long-term rentals or multi-generational use. The lot configuration also presents an excellent opportunity to maximize the property’s potential by adding additional units or pursuing future expansion, subject to buyer verification and local approvals. Conveniently located near freeways, shopping, schools, and public transportation, this South San Diego property offers a solid foundation today with meaningful upside for tomorrow.