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Lauretta Lofts 5727 Lauretta St 12 Unit Apartment Building $8,231,170 CAD ($685,931 CAD/Unit) 4.48% Cap Rate San Diego, CA 92110

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INVESTMENT HIGHLIGHTS

  • Lauretta Lofts is a new construction multifamily building offering investors low vacancy and modern design.
  • Diverse unit mix of two studios, two one-bedroom, one bath, and eight two-bedroom, two bath apartments.
  • Close to Interstates 5 and 8, shopping such as Nordstrom, Apple, and lululemon, and fitness amenities like the YMCA.
  • Less than 15 minutes from the University of San Diego, a private and upscale university with an acceptance rate of over 47%.

EXECUTIVE SUMMARY

Welcome to Lauretta Lofts at 5727 Lauretta Street, where modern living meets luxurious comfort within walking distance to the University of San Diego (USD). This brand-new, stylish building offers two studios, two one-bedroom, one-bath, and eight two-bedroom, two-bath apartments designed to elevate a resident's lifestyle.

Experience the allure of high ceilings, expansive windows that flood the home with natural light, and thoughtfully curated details throughout. Each apartment features a luxury walk-in shower, sleek quartz countertops, and elegant vinyl plank flooring. Enjoy the convenience of an in-unit washer and dryer, spacious private patios, and custom closet organizers tailored to maximize space. Heating and air systems guarantee comfort. Lauretta Lofts goes above and beyond with stainless steel appliances, gated security, available storage, a secure parking garage, and EV charging stations, all wrapped in a stunning modern aesthetic.

Lauretta Lofts is in the Morena community near the University of San Diego (USD), where over 5,851 undergraduate students study. With this adjacency to USD comes a host of convenient amenities. The Fashion Valley Mall is 2 miles from the complex, home to a shopping center with department stores, a movie theater, and casual dining options. Interstate 5 runs through the western edge of the Morena, making traveling throughout San Diego and Southern California easy. If international or domestic travel is what a resident is interested in, the San Diego International Airport is 15 minutes away. Downtown San Diego is only 7 miles south, making this property's location an excellent choice for commuters. For those who love the beach, the Mission and Ocean beaches are only a 13-minute drive away. Lauretta Lofts offers an unbeatable blend of location, design, and lifestyle, making it a standout asset in the heart of San Diego.

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $523,801 $62.36
Other Income $6,917 $0.82
Vacancy Loss $15,686 $1.87
Effective Gross Income $515,032 $61.32
Taxes $95,108 $11.32
Operating Expenses $51,060 $6.08
Total Expenses $146,168 $17.40
Net Operating Income $368,864 $43.92

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $523,801
Annual Per SF $62.36
Other Income (CAD)
Annual $6,917
Annual Per SF $0.82
Vacancy Loss (CAD)
Annual $15,686
Annual Per SF $1.87
Effective Gross Income (CAD)
Annual $515,032
Annual Per SF $61.32
Taxes (CAD)
Annual $95,108
Annual Per SF $11.32
Operating Expenses (CAD)
Annual $51,060
Annual Per SF $6.08
Total Expenses (CAD)
Annual $146,168
Annual Per SF $17.40
Net Operating Income (CAD)
Annual $368,864
Annual Per SF $43.92

PROPERTY FACTS

Price $8,231,170 CAD
Price Per Unit $685,931 CAD
Sale Type Investment
Cap Rate 4.48%
Gross Rent Multiplier 15.71
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.13 AC
Building Size 8,399 SF
No. Stories 3
Year Built 2025
Zoning RM-3-7

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Heating
  • Kitchen
  • High Speed Internet Access
  • Sprinkler System
  • Stainless Steel Appliances
  • Views
  • Wi-Fi
  • Deck
  • Double Pane Windows
  • Family Room
  • Framed Mirrors
  • Freezer
  • Handrails
  • Smoke Free
  • Vinyl Flooring
  • Window Coverings
  • Quartz Countertops
  • Floor to Ceiling Windows

SITE AMENITIES

  • Courtyard
  • Security System
  • Gated
  • Car Charging Station

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 2 - -
1+1 2 - -
2+2 8 - -
Walk Score®
Very Walkable (75)
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.®

NEARBY AMENITIES

RESTAURANTS

Giovanni's Italian Restaurant Pizza $$$ 9 min walk
Domino’s - - 9 min walk
Shiraz Coffee & Deli - - 8 min walk
Rose Donuts Donuts $ 9 min walk
Starbucks Cafe $ 12 min walk
Carl's Jr. - - 12 min walk
Sushi Freak Japanese $$$ 12 min walk
Pita Pit - $ 11 min walk
Jamba - - 12 min walk
Urbane Cafe - - 11 min walk

RETAIL

The YMCA Fitness 8 min walk
Bank of America Bank 12 min walk
7-Eleven Convenience Market 11 min walk
9Round Fitness 12 min walk

HOTELS

Comfort Inn
146 rooms
5 min drive
Best Western Plus
197 rooms
5 min drive
Hilton Garden Inn
179 rooms
4 min drive
Courtyard
176 rooms
5 min drive
  • Listing ID: 36625006

  • Date on Market: 2025-07-06

  • Last Updated:

  • Address: 5727 Lauretta St, San Diego, CA 92110

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