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Berkshire Hathaway California Properties

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3035-39 Macaulay
Coastal South San Diego 92106

$2,250,000
Residential Income beds: 10 baths: 6.0 4,326 sq. ft. built: 0

Main Photo: Residential Income for sale : 10 bedrooms : 3035-39 Macaulay in San Diego
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Status:
Active
Prop. Type:
Residential Income
MLS® Num:
260011073
Bedrooms:
10
Bathrooms:
6
A Rare Point Loma Investment Opportunity — Steps from Liberty Station Don't miss your chance to own this well-maintained six-unit apartment complex in one of San Diego's most sought-after neighborhoods. Ideally situated directly across from Liberty Station, this property offers the perfect combination of location, recent capital improvements, and immediate upside potential. The seller has invested significantly in the property's future, with a full electrical panel upgrade completed in 2025, major plumbing upgrades in 2023, and two remodeled bathrooms in 2026 — meaning a new owner can enjoy reduced maintenance costs and peace of mind from day one. With units that lease quickly upon vacancy and several currently rented below market rate, there is meaningful room to increase rents and boost returns over time. Additional income is generated through an on-site coin-operated laundry facility, and ample off-street parking is available for all units — a premium amenity in this highly walkable neighborhood. This is a motivated seller offering a competitively priced asset with a strong projected cap rate of 5.15 — making this an exceptional value in today's San Diego market.
Property Sub Type:
Com-Res Income
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Coastal South
Total Building Area:
4,326 sq. ft.
Total Floor Area:
4,326 sq. ft.
Total Bedrooms:
10
Bathrooms:
6
Full Bathrooms:
6
Half Bathrooms:
0
Structure Type:
Apartment
Stories:
2 Story
Num Stories:
2
Year Built:
0
Age (in years):
2,026 year(s)
Short Sale:
false
Total Actual Rent:
$11,975
Cap Rate.:
4.75
Gross scheduled income:
145200.0
Projected gross operating income:
168060
Projected net Income:
115927
Projected Gross Multiplier:
13.39
Operating expense:
38437.61
Projected operating expense:
52133
Number of Units:
6
Number of Leased Apartments:
6
Number of Units in Unit 1:
1
Number of Units in Unit 2:
1
Number of Units in Unit 3:
1
Number of Units in Unit 4:
1
Number of Units in Unit 5:
1
Number of Units in Unit 6:
1
Total Rent for Unit 1:
$2,195
Total Rent for Unit 2:
$1,705
Total Rent for Unit 3:
$2,395
Total Rent for Unit 4:
$1,430
Total Rent for Unit 5:
$2,100
Total Rent for Unit 6:
$2,150
Special Listing Conditions:
N/K
Laundry:
Owned
Construction Material:
Front Sprinklers, Fully Landscaped
Lot Size:
0 sq. ft.
Parcel Number:
530-373-09-00
Parking Features:
Spaces
Total Parking Spaces:
12
Cooling:
Wall/Window
Roof:
Composition
Zoning:
R-4
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Listed by Three Guys Properties, Inc.
Data was last updated May 24, 2026 at 09:10 PM (UTC)
Area Statistics
Listings on market:
80
Avg list price:
$2,997,000
Min list price:
$1,239,000
Max list price:
$12,000,000
Avg days on market:
44
Min days on market:
1
Max days on market:
339
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations. This data is not produced by the MLS® system.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.