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Liberty Row Apartments 3046 Nimitz Blvd 9 Unit Apartment Building $6,062,012 CAD ($673,557 CAD/Unit) 4.40% Cap Rate San Diego, CA 92106

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INVESTMENT HIGHLIGHTS

  • Fully leased, rare newly built luxury trophy asset with an irreplaceable coastal location in the heart of bayside Point Loma
  • Comprised of nine three-story (9) one-bedroom townhomes averaging 594 square feet with rooftop decks, single car garages, and exceptional views
  • Prime site orientation with an 82 Walk Score, and easy access to numerous dining and entertainment options, Interstates 5 & 8, Downtown San Diego
  • Idyllic coastal location; less than 1-mile away from the Point Loma Marina, Humphrey’s Concerts by the Bay and Liberty Station
  • Luxury living amenities including designer kitchens, quarts countertops, oversized windows, in-unit washers and dryers, and extensive noise insulation
  • Potential to add studio units by converting single car garages into ADUs

EXECUTIVE SUMMARY

We are pleased to present Liberty Row Apartments, a newly constructed 9-unit trophy asset in the Point Loma neighborhood, San Diego’s quintessential coastal destination. Built in 2024, with a perfect blend of luxurious design and seaside location, Liberty Row Apartments is a high-quality home base for residents to thrive.
The unit mix is comprised of nine three-story townhomes with (8) one-bedroom / one-bath floorplans averaging 568 square-feet and (1) one-bedroom / two-bath floorplan with 799 square-feet. Each unit features oversized windows with plenty of sunlight, single car garages, designer kitchens with quartz countertops, stainless-steel energy star appliance packages, contemporary interior finishes, in-unit washers and dryers, and extensive insulation for comfortable and quiet living. Every unit offers a fourth story private rooftop deck with views of the glistening San Diego Bay, harbor, yacht clubs, the skyline of America’s finest city, and Coronado. The property has the potential to add studio floor plans by converting the garages into ADUs.
Liberty Row Apartments is in the heart of bayside Point Loma, two blocks away from Americas Cup Harbor, less than one half-mile from Liberty Station, one block from Rosecrans Street, the major thoroughfare for the area, and a convenient 15-minute drive to downtown San Diego, a Tier-One employment center and the largest in the region. Residents enjoy quick access to all that the bay has to offer including access to private boat charters and yachting, world-class sportfishing, and a variety of unique retailers and restaurants. With its premium location capturing views, innovative design offering tenants privacy, and luxurious enhancements, Liberty Row Apartments provides investors with the rare opportunity to acquire an upscale coastal asset that is poised to capture rental premiums for generations.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $6,062,012 CAD
Price Per Unit $673,557 CAD
Sale Type Investment
Cap Rate 4.40%
Gross Rent Multiplier 14.75
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.11 AC
Building Size 5,344 SF
Average Occupancy 100%
No. Stories 3
Year Built 2024
Parking Ratio 1.5/1,000 SF
Zoning R-4 - Residential

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 - 568
1+2 1 - 799
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
530-373-02
Land Assessment
$1,253,473 CAD
Improvements Assessment
$1,770,509 CAD
Total Assessment
$3,023,982 CAD
  • Listing ID: 36128793

  • Date on Market: 2025-06-05

  • Last Updated:

  • Address: 3046 Nimitz Blvd, San Diego, CA 92106

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