MLS# 240001466 - 4270 34th St, San Diego, CA 92104
Courtesy of RBK Commercial.
Property Type:
Com-res Income
Status:
Active
Neighborhood:
Ca
Days On Website:
100
Property Details for 4270 34th St, San Diego, CA 92104
Description
4/17 price reduction. Almost a 6 cap on Proforma. Property shows well. Less than $350,000 per unit. For sale is a stabilized multifamily investment property located at 4270 34th St. San Diego, Ca 92104, in the popular North Park Community. This is an 8 unit Huffman style apartment building property consisting of (5) 1bed / 1 bath units and (3) 2 bed / 1 bath units. All units are rented at or near market rents allowing the future owner to keep pace with rising rents. Located on the alley are (4) 1 car garages that can be converted into multiple ADU's adding tremendous value with relatively little investment dollars. Easy upside to a 5.7 cap by adding RUBS, laundry, parking income and increase units to market rents.
Open House
Features
Bedrooms
- 1 bedroom
Building
- 1969 years old
- 2 stories
- Other/Remarks
Expenses
- Operating expense: $70,519
Listing
- Source: SDMLS
- For Sale
- 89 days on market
- Listing date: 2024-01-19
Location
- County: San Diego
Unit One
- Individual rent: $1,940
- 1 bathroom
- 5 units of this type
- 1 bedroom
Unit Two
- Individual rent: $2,433
- 1 bathroom
- 3 units of this type
- 2 bedrooms
Property Map
Map View
$2,795,000 - 4270 34th St, San Diego, CA 92104
Street View
Directions
4270 34th St
San Diego, CA 92104
County: San Diego