Shepard's Garden 1903 K St 28 Unit Apartment Building $3,675,000 ($131,250/Unit) 7.07% Cap Rate San Diego, CA 92102

EXECUTIVE SUMMARY

mmerse yourself in the beauty of architectural excellence. Living Q boasts a striking facade, complemented by clean lines and modern aesthetics that create a distinctive presence in Sherman Heights. Step into a world of refined interiors featuring high-end finishes, premium materials, and a meticulous attention to detail. Each space is designed to provide both functionality and a sophisticated ambiance. Elevate your culinary experience in the state-of-the-art kitchen equipped with top-of-the-line appliances, sleek cabinetry, and stylish countertops. Whether you’re a seasoned chef or a casual cook, these kitchens inspire culinary creativity.
Living Q goes beyond expectations with a range of modern amenities, including fitness centers, communal spaces, and a fire pit. These features contribute to a lifestyle of convenience, luxury, and well-being. Living Q Sherman Heights is strategically located, offering easy access to the city’s best dining, entertainment, and cultural attractions. Explore nearby parks, trendy cafes, and enjoy the convenience of urban living.

PROPERTY FACTS

Price $3,675,000
Price Per Unit $131,250
Sale Type Investment
Cap Rate 7.07%
No. Units 28
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.19 AC
Building Size 11,894 SF
No. Stories 2
Year Built 1920
Parking Ratio 1.37/1,000 SF
Opportunity Zone Yes
Zoning C

AMENITIES

UNIT AMENITIES

  • Heating
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • Laundry Facilities
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Gated
  • Individual Locking Bedrooms
  • Private Bathroom
  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 28 - 100 - 115
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (75)

PROPERTY TAXES

  • Listing ID: 35382824

  • Date on Market: 4/4/2025

  • Last Updated:

  • Address: 1903 K St, San Diego, CA 92102