$2,795,000
Units: 8
100 Days On Market

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

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.

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

Map View


$2,795,000 - 4270 34th St, San Diego, CA 92104

Street View


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4270 34th St
San Diego, CA 92104
County: San Diego