
Status: Active
We are pleaseed to present, Sundance Apartments, a 9-unit multifamily property in San Diego’s desirable University Heights neighborhood, located just 1.5 blocks from Adams Avenue. Built in 1972, the gated property features primarily 1BR/1BA units, select private patios/balconies, a common patio and laundry, and 9 on-site parking spaces (4 open, 5 tuck-under) with potential ADU conversion. Well-maintained with stable in-place income, the asset offers value-add upside through renovations. One 2BR unit is currently for lease, providing an immediate renovation/lease-up opportunity. Ideally located just 1.5 blocks south from Adams Avenue—home to vibrant dining, retail, and entertainment—the property benefits from strong tenant demand and excellent proximity to major freeways and neighborhood amenities.