Wohneinkommen In San Diego

We are pleased to present 6TH & Olive, an 18-unit multifamily offering situated at the cusp of Southern California’s iconic Balboa Park. The uniquely positioned dual corner parcels at 528 Olive Street & 2820 6th Avenue create a distinctive cottage-style residential enclave in one of San Diego’s most established and affluent urban neighborhoods, offering a living environment that stands in stark contrast to the area’s growing inventory of large-scale apartment developments. Positioned directly across from Balboa Park and within walking distance of Bankers Hill & Hillcrest’s dining and entertainment district and Downtown San Diego, the property benefits from an exceptional location that continues to attract residents seeking an urban lifestyle that still honors neighborhood character & charm. The Bankers Hill/Hillcrest corridor has experienced substantial investment in recent years, with numerous luxury and ultra-luxury apartment communities reinforcing the strength of the rental market and supporting long-term rent growth. Unlike conventional multifamily assets, 6TH & Olive offers investors the opportunity to acquire a dual parcel property with architectural charm, a highly desirable low-density cottage-style layout, and meaningful value-add upside. The property’s unit mix includes six studio units averaging approximately 490 square feet and twelve one-bedroom/one-bathroom units averaging approximately 671 square feet, offering a practical floor plan composition tailored to the area’s renter base.