5844 Riley St.
About this property
Solid 6,800 SF, 10-unit building featuring six 1 bed/1 bath and four 2 bed/1 bath apartments on 0.23 acres. Thirteen on-site parking spaces keep life simple for residents. Steps from the University of San Diego and a short walk to trolley stops serving Mission Valley and Old Town, tenants reach jobs and errands easily. Interiors and common areas show fresh upgrades; several classic units remain ready for a cosmetic refresh. Stable in-place rents and low historical vacancy provide dependable cash flow while leaving room to lift income to market as leases roll. Recent roof resurfacing and updated plumbing reduce near-term capital needs. Strong Walk Score, quick freeway links, and sturdy construction make this a durable hold. Submit your offer today.
About this property
Solid 6,800 SF, 10-unit building featuring six 1 bed/1 bath and four 2 bed/1 bath apartments on 0.23 acres. Thirteen on-site parking spaces keep life simple for residents. Steps from the University of San Diego and a short walk to trolley stops serving Mission Valley and Old Town, tenants reach jobs and errands easily. Interiors and common areas show fresh upgrades; several classic units remain ready for a cosmetic refresh. Stable in-place rents and low historical vacancy provide dependable cash flow while leaving room to lift income to market as leases roll. Recent roof resurfacing and updated plumbing reduce near-term capital needs. Strong Walk Score, quick freeway links, and sturdy construction make this a durable hold. Submit your offer today.
Features and Additional Information
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Brokerage: Morrison Investment Properties