Description

2621 Highland Avenue | 7-Unit Multifamily Investment in Swan Canyon, San Diego Presenting a rare opportunity to acquire a fully renovated 7-unit multifamily property located in the heart of Swan Canyon, one of San Diego’s emerging residential neighborhoods. 2621 Highland Avenue features a desirable unit mix of four (4) one-bedroom units and three (3) two-bedroom units, including one spacious two-bedroom townhome with a private attached garage—a unique amenity that adds value and appeal to prospective tenants. Each unit has been thoughtfully renovated within the last few years, offering modern interiors that enhance tenant satisfaction and reduce ongoing maintenance costs. The property offers on-site laundry facilities and ample on-site parking, further increasing convenience for residents. All seven units are currently occupied, providing immediate cash flow. However, rents are currently below market, creating a significant value-add opportunity for investors to boost revenue through rent increases upon lease turnover or renewals. Located just minutes from major thoroughfares, schools, and public transit, 2621 Highland Avenue sits in a quiet, residential pocket of Swan Canyon—an area known for its community feel and central access to everything San Diego has to offer.