Liberty Row Apartments
9 Unit Apartment Building | $5,750,000 ($638,889/Unit) | 4.36% Cap Rate | San Diego, CA 92106
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,750,000
- Property Type
-
Multifamily
- Square Feet
- 5,344 SF
Listing Contacts
Austin Ray Huffman
Verified Profile
Wyatt Darien
Verified Profile
- Property Info
Property Overview
Zorbas, Huffman, & Partners of Marcus & Millichap are pleased to present Liberty Row Apartments, a newly constructed 9-unit trophy asset in the Point Loma neighborhood, San Diego’s quintessential coastal destination. Built in 2024, with a perfect blend of luxurious design and seaside location, Liberty Row Apartments is a high-quality home base for residents to thrive.
The unit mix is comprised of nine three-story townhomes with (8) one-bedroom / one-bath floorplans averaging 568 square-feet and (1) one-bedroom / two-bath floorplan with 799 square-feet. One of the units, a one-bedroom floorplan is designated as Moderate Income. Each unit features oversized windows with plenty of sunlight, single car garages, designer kitchens with quartz countertops, stainless-steel energy star appliance packages, contemporary interior finishes, in-unit washers and dryers, and extensive insulation for comfortable and quiet living. Every unit offers a fourth story private rooftop deck with views of the glistening San Diego Bay, harbor, yacht clubs, the skyline of America’s finest city, and Coronado. The property has the potential to add studio floor plans by converting the garages into ADUs.
Liberty Row Apartments is in the heart of bayside Point Loma, two blocks away from Americas Cup Harbor, less than one half-mile from Liberty Station, one block from Rosecrans Street, the major thoroughfare for the area, and a convenient 15-minute drive to downtown San Diego, a Tier-One employment center and the largest in the region. Residents enjoy quick access to all that the bay has to offer including access to private boat charters and yachting, world-class sportfishing, and a variety of unique retailers and restaurants. With its premium location capturing views, innovative design offering tenants privacy, and luxurious enhancements, Liberty Row Apartments provides investors with the rare opportunity to acquire an upscale coastal asset that is poised to capture rental premiums for generations.
The unit mix is comprised of nine three-story townhomes with (8) one-bedroom / one-bath floorplans averaging 568 square-feet and (1) one-bedroom / two-bath floorplan with 799 square-feet. One of the units, a one-bedroom floorplan is designated as Moderate Income. Each unit features oversized windows with plenty of sunlight, single car garages, designer kitchens with quartz countertops, stainless-steel energy star appliance packages, contemporary interior finishes, in-unit washers and dryers, and extensive insulation for comfortable and quiet living. Every unit offers a fourth story private rooftop deck with views of the glistening San Diego Bay, harbor, yacht clubs, the skyline of America’s finest city, and Coronado. The property has the potential to add studio floor plans by converting the garages into ADUs.
Liberty Row Apartments is in the heart of bayside Point Loma, two blocks away from Americas Cup Harbor, less than one half-mile from Liberty Station, one block from Rosecrans Street, the major thoroughfare for the area, and a convenient 15-minute drive to downtown San Diego, a Tier-One employment center and the largest in the region. Residents enjoy quick access to all that the bay has to offer including access to private boat charters and yachting, world-class sportfishing, and a variety of unique retailers and restaurants. With its premium location capturing views, innovative design offering tenants privacy, and luxurious enhancements, Liberty Row Apartments provides investors with the rare opportunity to acquire an upscale coastal asset that is poised to capture rental premiums for generations.
Property Details
- Class
- B
- Year Built
- 2024
- Stories
- 3
- Lot Size (sq. ft)
- 12,197 SF
- Units
- 9
Highlights
- Rare newly built luxury trophy asset with an irreplaceable coastal location in the heart of bayside Point Loma
- Idyllic coastal location; less than 1-mile away from the Point Loma Marina, Humphrey’s Concerts by the Bay and Liberty Station
- Comprised of contemporary one-bedroom townhomes ranging from 538-799 square feet with private rooftop decks, single car garages, and exceptional views
- Luxury living amenities including designer kitchens, quarts countertops, oversized windows, in-unit washers and dryers, and extensive noise insulation
- Proximate to the Midway Rising Sports Arena Redevelopment project, only 2.3 miles from the re-energized midway district with 8,500 new jobs
- Potential to add studio units by converting single car garages into ADUs
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