Property Detail

Description

The Georgia Crest, a premier 7-unit multifamily investment opportunity located in the highly desirable Hillcrest neighborhood of San Diego. This one-of-a-kind, fully renovated asset offers investors a rare opportunity to acquire a turn-key, stabilized property in a core urban market with significant long-term upside. Comprising all large two-bedroom, two-bathroom units, the property features a blend of fully permitted new construction and to-the-studs renovation. Every system from electrical and plumbing to roofing and HVAC has been replaced or upgraded to current code, creating a virtually new building with minimal future capital requirements. All units include full-size in-unit laundry, individual split-system HVAC, and dedicated on-site parking — a true differentiator in this dense infill location. The property is 100% all-electric, and two units feature wired 220V EV charging, individually metered. Positioned on an elevated hillside lot, the site offers panoramic city and mountain views and is steps from the Hillcrest Farmers Market, grocers, coffee shops, bars, and restaurants — earning a Walk Score of 93 (“Walker’s Paradise”). All units were pre-leased prior to construction completion, demonstrating strong demand and leasing velocity for this unique asset.