Multi-Family Apartments near UCSD

MULTI-FAMILY INVESTMENT HIGHLIGHTS

• 5380 Hatteras Avenue is 100% occupied with one-year leases, offering an investment opportunity with immediate cash flow.
• Brand-new construction, completed and fully leased in June 2025, there is minimal capital expenditure (CapEx) needed.
• Capitalize on the inherent rental upside surrounding the San Diego area’s market trends support continued rent escalation.
• Proximity to UCSD, La Jolla beaches, Interstates 5 and 805, San Diego International Airport, and employment centers.
• Top-tier rental demographics due to the over 85,154 young professionals, grad students, and university staff at UCSD.

EXECUTIVE SUMMARY

3580 Hatteras Avenue is a premier five-unit multifamily asset that is the quintessential intersection of location, luxury, and long-term profitability. Completed in June 2025 and fully stabilized with one-year leases, this rare turnkey property is perfectly positioned to deliver immediate cash flow and powerful appreciation in one of Southern California’s most resilient and desirable rental markets.

This striking property offers an appealing unit mix, making it an attractive option for a broad spectrum of renters. A charming two-bedroom house with an attached garage is rented at $3,200 per month. Then, four newly constructed, contemporary two-bedroom, two-bath apartments, with two units rented at $2,900 and two leased at $2,857 per month. All leases were signed as of June 1 and correlate to a gross scheduled income of $14,714 per month ($176,568 annually).

Crafted with modern design sensibility and tenant comfort in mind, the four brand-new apartments deliver the premium living experience today’s renters demand. Featuring luxury finishes, in-unit laundry, and efficient layouts, 3580 Hatteras Avenue attracts high-income tenants with long-term rental stability.

Located just minutes from La Jolla, Pacific Beach, and the iconic San Diego coastline, this asset offers the very lifestyle that drives rental demand through the roof. A quick drive from the beaches, world-class dining, and dynamic nightlife, this property represents the epitome of Southern California living.

Better still, it’s within a 10-minute radius of the University of California, San Diego (UCSD), a significant economic engine and one of the top public research universities in the nation. That makes 3580 Hatteras Avenue a magnet for student renters, graduate researchers, and university employees alike. With UCSD’s projected enrollment growth and housing shortfall, proximity to campus is not just a convenience; it’s a competitive edge.

In an era where investment-grade multifamily assets are increasingly hard to find, this five-unit gem stands alone: stabilized, strategically located, and poised for long-term value growth. Whether a prospective buyer is looking to 1031 Exchange into a rock-solid performer or expand a San Diego portfolio with a best-in-class asset, this is the kind of acquisition seasoned investors dream about but rarely find. Own the next generation of coastal multifamily at 3580 Hatteras Avenue.

MULTI-FAMILY PROPERTY FACTS

AMENITIES

UNIT AMENITIES

• Air Conditioning
• Heating
• Kitchen
• Refrigerator
• Tub/Shower

SITE AMENITIES

• Bicycle Storage
• Walk-Up

MULTI-FAMILY UNIT MIX INFORMATION