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6283 Lorca Drive 6283 Lorca Dr 6 Unit Apartment Building $4,536,740 CAD ($756,123 CAD/Unit) 5.24% Cap Rate San Diego, CA 92115

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INVESTMENT HIGHLIGHTS

  • Fully remodeled and developed in 2025 with modern systems, interiors, and high-quality construction throughout
  • Comprised of large units, averaging over 1,000 sq ft.
  • High-end designer finishes including quartz countertops, premium fixtures, in-unit washers & dryers, ductless split HVAC systems
  • Attractive unit mix featuring two-, three-, and five-bedroom layouts to appeal to a wide range of renters
  • Abundant off-street parking for tenants

EXECUTIVE SUMMARY

We are proud to present 6283 Lorca Drive, a newly remodeled multifamily complex located in the heart of San Diego, California. Fully renovated in 2025, this high-quality asset consists of six units, including four (4) spacious two-bedroom/two-bathroom units (738 SF each), one (1) three-bedroom/two-bathroom unit (1,260 SF), and one (1) five-bedroom/three-bathroom single-family residence totaling 1,940 SF.
This pride-of-ownership property showcases a thoughtfully executed renovation with no expense spared. Each unit is crafted to offer an abundance of natural light, complemented by luxury finishes such as recessed LED lighting, designer ceiling fans, premium entryways and flooring, quartz countertops, custom tile backsplashes, and stylish bathroom designs. Residents enjoy in-unit laundry, full appliance packages, generous closet space, and efficient ductless split HVAC systems. Select units offer private patios and elevated ceilings for added comfort and appeal.
Strategically located in Rolando Village, one of San Diego’s most sought-after mid-city neighborhoods, the property provides residents with a unique blend of suburban tranquility and urban accessibility. The area is known for its quiet, winding streets, vibrant small business district, and strong sense of community. Residents benefit from walkable access to local dining, retail, and entertainment options, while being just minutes from San Diego State University, Mission Valley, Downtown San Diego, and area beaches.
Rolando Village is part of the College Area Business District, a growing hub that supports the thriving community around SDSU. The university—just six minutes from Lorca Dr.—boasts over 34,000 students and contributes approximately $2.4 billion annually to the local economy. This prime location offers all the advantages of living in San Diego—the eighth-largest city in the U.S.—without the congestion often found in more densely populated coastal areas.
6283 Lorca Dr. presents a rare opportunity for investors to acquire a fully remodeled, turnkey asset in one of San Diego’s strongest and most dynamic submarkets. The property is ideally positioned near comparable multifamily communities, schools, employment centers, and essential infrastructure, offering long-term value, steady rental demand, and excellent growth potential.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $4,536,740 CAD
Price Per Unit $756,123 CAD
Sale Type Investment
Cap Rate 5.24%
Gross Rent Multiplier 13.22
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.27 AC
Building Size 5,209 SF
No. Stories 2
Year Built 1944
Zoning RS-1-7

AMENITIES

UNIT AMENITIES

  • Ceiling Fans
  • Quartz Countertops

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 4 $4,097 CAD 738
3+2 1 $5,001 CAD 1,260
5+3 1 $8,228 CAD 1,940
Walk Score®
Very Walkable (80)
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
473-062-10
Land Assessment
$1,683,887 CAD
Improvements Assessment
$906,709 CAD
Total Assessment
$2,590,596 CAD
  • Listing ID: 36681794

  • Date on Market: 2025-07-10

  • Last Updated:

  • Address: 6283 Lorca Dr, San Diego, CA 92115

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