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Active 0 days on market

6728 Thomson Ct

San Diego, CA 92111

$2,550,000

6728 Thomson Ct
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+36 more
Beds
Baths
Sq Ft
0.15Acres

About This Home

We are pleased to present Thomson Five, a newly constructed, fully stabilized 5-unit multifamily asset in the supply-constrained Linda Vista submarket of central San Diego. Completed in 2024 and delivered fully leased, the Property offers brand-new construction, a premium large-format unit mix, and immediate income. The Property consists of five residences: two 3-bedroom/3-bathroom townhome-style units at 1,200 SF with private balconies featuring sweeping canyon and ocean views, two 2-bedroom/1-bathroom units at 750 SF, and one detached private studio at 254 SF. All residences feature quartz waterfall countertops, stainless steel appliances, in-unit washer/dryer, split-system HVAC, and private outdoor space. As a newly constructed asset, the Property is exempt from AB 1482 rent control provisions for 15 years from completion, providing exceptional flexibility for future rent growth. Current gross income totals $16,075/month ($192,900 annualized), pro forma of $16,600/month ($200,400 annualized) at market rents. The Property is offered at $2,550,000, representing a 5.26% current cap rate (5.54% pro forma), $510,000/unit, and $614/SF. Contact listing broker for OM and financials.

Property Details

Property TypeMixedUse
Lot Size0.15 acres
Parking Total0
CoolingWallWindowUnits
PoolNo
MLS #1170122670
Days on Market0 days

Listed by

Andrew Kaiser

Newmark of Southern California

MLS# SAND-704678

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

6728 Thomson Ct | San Diego, CA | Leeper Realty Group