6752-6770 Solita Ave San Diego, CA 92115

BIG PRICE DROP! 5.50% Current Cap Rate 5.94% Market Cap Rate 10 - Detached 3BR/2BA Homes With Garages & Private Yards. Over $900,000 on recent CapEX at the property. 6752-6770 Solita Ave is an extremely unique residential rental offering in the City of San Diego, in the highly desirable and ups...cale enclave of Rolando Village, surrounded by a residential community of upscale homes. Just a little over a mile from the property is San Diego State University (SDSU), a bustling university with more than 37,000 students. The property consists of 10 single-family detached 3BR/2BA homes with attached garages and yards. Originally built in 1984, the property has been extensively renovated to a high level to attract elite tenants. More than $900,000 was spent to reposition the property with recent comprehensive renovations including (but not limited to) new upscale kitchens and baths, new flooring and paint throughout, all new A/C mini-splits, new fixtures, new in-unit washer/dryers, new individual hot water heaters, new roofs throughout, windows, new low maintenance and drought tolerant landscaping, and much more. Continue reading