$3,450,000
Units: 10
103 Days On Market

Courtesy of The Browar Group.

Property Type: Com-res Income
Status: Pending
Neighborhood: Ca
Days On Website: 103

Property Details for 4204 Boundary, San Diego, CA 92104

Nestled in the heart of North Park, this investment opportunity beckons with a Spanish-style charm and abundant potential. Comprising of 10 spacious units, including a mix of 8 one-bedroom and 1 bathroom units, as well as 2 two-bedroom and 2 bathroom units, this multifamily property stands out for its versatile layout. Select units feature fenced patios, while a lavish garden adds a touch of tranquility to the surroundings. The property boasts a multistory design, enhancing its visual appeal. Two of the units will be vacant at the close of escrow allowing a new Buyer to commence whatever upgrades/improvements they desire. Situated in a prime North Park location, this investment holds significant value-add potential (approximately 100% of rental upside potential). Off-street parking, complemented by 3 garages, ensures convenience for residents. With on-site laundry facilities, the property caters to modern living needs. The potential for an Accessory Dwelling Unit (ADU) further enhances the investment appeal. Easy alley access adds a practical dimension to the property, making it a promising venture in one of San Diego's sought-after neighborhoods.

Bedrooms

  • 1 bedroom

Building

  • 1970 years old
  • 2 stories

Expenses

  • Operating expense: $84,685

Garage

  • 3 units with garage

Listing

  • Source: SDMLS
  • For Sale
  • 90 days on market
  • Listing date: 2024-01-16

Location

  • County: San Diego

Parking

  • 7 total parking spaces

Unit One

  • Individual rent: 1450-1600
  • Total rent: $9,150
  • 1 bathroom
  • 8 units of this type
  • 1 bedroom

Unit Two

  • Individual rent: $1,825
  • Total rent: $3,650
  • 2 bathrooms
  • 2 units of this type
  • 2 bedrooms

Map View


$3,450,000 - 4204 Boundary, San Diego, CA 92104

Street View


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4204 Boundary
San Diego, CA 92104
County: San Diego