5142 Manchester Rd

San Diego, CA 92115

$4,200,000

List Price

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Property Description

Presenting a rare investment opportunity with this newly constructed 8 unit property located in close proximity to San Diego State University (SDSU). Each unit features in-unit washers and dryers & property is equipped with solar panels. Designed with a focus on functionality, quality, and market appeal, this asset is primed to deliver strong rental performance in a high-demand area. Strong rental income potential with units commanding market-level rents. High demand from a diverse tenant pool, including students, faculty, and professionals seeking proximity to SDSU and surrounding amenities. A turnkey investment opportunity with no deferred maintenance and modern construction standards designed for longevity. This property represents a solid addition to any portfolio, offering immediate income generation and potential for long-term appreciation in a highly desirable market. Don’t miss the chance to secure a high performing asset in one of San Diego’s most sought-after rental markets. Modern Design: Clean architectural lines and a contemporary aesthetic enhance the property’s appeal to tenants seeking modern, upscale living. Private Patios: Most units include private outdoor spaces, an attractive amenity that supports higher rental rates and tenant retention. High-Quality Finishes: The property is built with top-tier materials and finishes, ensuring durability and a premium feel that commands market level rents. In-Unit Amenities: Each unit features in-unit washers and dryers, a key draw for tenants valuing convenience. Solar Panels: The property is equipped with energy-efficient solar panels offering lower utility costs and eco-friendly living—an attractive benefit for tenants.

Listing Information

List Price $4,200,000
Status Active
MLS 250017136SD
HOA $0
Type Commercial
Subtype Mixed Use
Lot Size N/A
Structure Size N/A
Courtesy Of JLM Real Estate Inc
Listing Agent Jason Lee DRE#02068011
Co-Listing Agent Ryan Merriken DRE#02147674

Interior Features

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Exterior Information

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Listing information courtesy of: Jason Lee, Ryan Merriken, JLM Real Estate Inc 619-891-0403. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 23rd, 2025 at 11:57 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.