2048-52 N Highland Ave
San Diego
92113
$1,450,000
Residential Income
beds: 6
baths: 9.0
0 sq. ft.
built: 2023
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 260019594
- Bedrooms:
- 6
- Bathrooms:
- 9
- Year Built:
- 2023
- Photos (25)
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BEST PRICED NEW CONSTRUCTION ON THE MARKET! Sub $1.5M for a 3 unit new build simply does not exist! Owner occupants, first time investors, portfolio buyers - there is something for everyone. At a 5.6 in place cap rate and 6.6 market cap, this 3 unit yields the best cash flow available to buyers for new builds or even in general. The property yields an amazing mix of all 2BR 2.5BA townhome style units. Off street parking includes a two car garage, and select units enjoy outdoor space including an oversized deck. Step inside and revere tasteful, custom upgrades not seen in most traditional new builds quickly saturating the market. With the beautiful product and a thoughtful design throughout, investors and owner occupants will reap all benefits possible.
- Property Sub Type:
- Res Income 2-4 Units
- Number of Buildings:
- 2
- County Or Parish:
- San Diego
- Market Area:
- Metro Central
- Neighborhood Code:
- Shelltown
- Name of Complex/Subdivision:
- SAN DIEGO
- Building Name:
- San Diego
- Total Building Area:
- 2,601 sq. ft.
- Total Floor Area:
- 0 sq. ft.
- Total Bedrooms:
- 6
- Bathrooms:
- 9
- Full Bathrooms:
- 6
- Half Bathrooms:
- 3
- Stories:
- 2 Story
- Total Stories:
- 2
- Year Built:
- 2023
- Age (in years):
- 3 year(s)
- Short Sale:
- false
- Mello Roos Fee:
- $0
- Other Fees:
- $0
- Monthly Total Fees:
- $0
- Terms:
- Cash, Conventional, Exchange, FHA, VA
- Cap Rate.:
- 5.6
- Gross scheduled income:
- 106620.0
- Other income actual:
- 3240
- Operating expense:
- 25782.0
- Number of Units:
- 3
- Number of Units with Cooling:
- 3
- Tenant pays:
- Electricity
- Projected Rent for Unit 1:
- $3,395
- Projected Rent for Unit 2:
- $3,395
- Projected Rent for Unit 3:
- $3,395
- Special Listing Conditions:
- Call Agent
- Age Restrictions:
- N/K
- Construction Material:
- Stucco
- Lot Size:
- 0 sq. ft.
- Parcel Number:
- 551-563-17-00
- Cooling:
- Other/Remarks
- Roof:
- Composition
- Security:
- N/K
- Fencing:
- Partial
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Listed by The Browar Group
Data was last updated August 11, 2026 at 07:10 AM (UTC)
Area Statistics
- Listings on market:
- 60
- Avg list price:
- $1,649,950
- Min list price:
- $617,000
- Max list price:
- $17,850,000
- Avg days on market:
- 80
- Min days on market:
- 5
- Max days on market:
- 419
These statistics are generated based on the current listing's property type
and located in
Metro Central. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- SONYA FLORES
- Innovate Realty Inc.
- 1 (619) 8710306
- Contact by Email
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.
Powered by Innovate Real Estate
Office Address:
124 E 30th Street Suite D
National City, CA, 91950
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.