3129 Emerson St 6 Unit Apartment Building $4,568,261 CAD ($761,377 CAD/Unit) 4.19% Cap Rate San Diego, CA 92106

We are pleased to present 3129 Emerson Street, San Diego, CA — a fully renovated six-unit multifamily asset located in the highly desirable coastal enclave of Point Loma.
This turnkey property features a favorable unit mix of two (2) 2-bedroom/1-bath units and four (4) 1-bedroom/1-bath units, combining classic mid-century construction with
modern interior finishes designed to meet the expectations of today’s renters. Originally built in 1989, the property has undergone a substantial 2026 comprehensive renovation, with each unit showcasing high-end design elements including stainless steel appliances, contemporary tile backsplashes, in-unit laundry, luxury vinyl plank flooring, and sleek glass shower enclosures. The result is a clean, modern living experience that supports premium rental rates with minimal near-term capital requirements.
Positioned on a quiet residential street in Point Loma, one of San Diego’s most supplyconstrained and in-demand rental markets, 3129 Emerson Street offers investors a rare opportunity to acquire a fully stabilized asset with strong in-place income and continued upside through organic rent growth. The property’s thoughtful renovations and low-maintenance operations appeal to a wide range of investors — whether seeking immediate cash flow, portfolio diversification, or long-term appreciation in a core coastal submarket. Residents enjoy close proximity to Liberty Station, Downtown San Diego, the San Diego International Airport, and top-tier outdoor destinations including Sunset Cliffs and Shelter Island. The walkable, amenity-rich environment and excellent access to major employment centers further support strong year-round tenant demand. 3129 Emerson Street represents a unique opportunity to acquire a high-quality, professionally updated asset in one of San Diego’s most proven multifamily markets.