For Sale Multi-Family MLS# 260019594SD

2048 52 N Highland Ave

San Diego, CA 92113

$1,450,000

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Take the tour

About 2048 52 N Highland Ave

BEST PRICED NEW CONSTRUCTION ON THE MARKET! Sub $1.5M for a 3 unit new build simply does not exist! Owner occupants, first time investors, portfolio buyers - there is something for everyone. At a 5.6 in place cap rate and 6.6 market cap, this 3 unit yields the best cash flow available to buyers for new builds or even in general. Ask listing agent about potential HUGE 6 figure tax depreciation strategy available. The property yields an amazing mix of all 2BR 2.5BA townhome style units. Off street parking includes a two car garage, and select units enjoy outdoor space including an oversized deck. Step inside and revere tasteful, custom upgrades not seen in most traditional new builds quickly saturating the market. With the beautiful product and a thoughtful design throughout, investors and owner occupants will reap all benefits possible.

Property details

Property

Type
multi
Year built
2023
List date
Aug 11, 2026

Schools

District
San Diego City Unified School District

Location

Subdivision
San Diego
Neighborhood
Shelltown

Location

Neighborhood
Shelltown
Subdivision
San Diego
School district
San Diego City Unified School District

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Listed by Florian Sighe, The Browar Group

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.