3151-3169 N Park Way - Apartments FOR SALE


San Diego, CA 92104- North Park
$3,850,000 USD
858-558-5670
3151-3169 N Park Way, San Diego, CA for Sale
$3,850,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

3151-3169 N Park Way
San Diego, CA 92104
North Park


HIGHLIGHTS

  • PRIME NORTH PARK LOCATION.
  • WALKERS PARADISE.
  • DESIRABLE STYLE UNITS.
  • MAINTAINED INTERIORS.
  • EXCELLENT INCOME PRODUCING PROPERTY.
  • ATTRACTIVE ZONING.

OVERVIEW

CUSHMAN & WAKEFIELD IS PROUD TO PRESENT TO INVESTORS, THE OPPORTUNITY TO PURCHASE THE NORTH PARK WAY APARTMENTS (“THE PROPERTY); A 10-UNIT OFFERING IN THE DESIRABLE NORTH PARK COMMUNITY OF SAN DIEGO. THE LOCATION. Situated at the corner of North Park Way and Herman Ave, this expansive 6,266 square foot lot is home to a well-designed 10-unit property, including nine one-bedroom/one-bath apartments and one studio. THE PROPERTY. The property boasts generously sized units with open-concept kitchen and living areas, bathed in natural light from numerous windows. It features custom built-ins, modern lighting, and distinctive retro architectural details. Premium upgrades include hardwood floors, decorative ceramic tile countertops, designer paint, crown molding, refinished wood cabinetry, and stainless steel appliances with gas stoves. THE LIFESTYLE. This property captures the essence of Southern California living, blending charming design with the vibrant energy of the North Park neighborhood. Residents enjoy easy access to boutique shopping, dining, and nightlife along along University Ave, as well as proximity to Morley Field and Balboa Park for outdoor activities. Convenient freeway access further enhances the appeal of this desirable location.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$596 USD /SF

# OF UNITS

10

PRICE/UNIT

$385,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

RM-3-8

APN/PARCEL ID

453-163-01

ASK ABOUT THIS PROPERTY

Blake TagmyerCushman & WakefieldMore Info
858-558-5670

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Blake TagmyerCushman & WakefieldMore Info
858-558-5670

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.