3167 Landis St - Apartments FOR SALE


San Diego, CA 92104- North Park
$7,500,000 USD
619-358-3748
3167 Landis St, San Diego, CA for Sale
$7,500,000 USD
Apartments - FOR SALE
1/61
null | 4.63% Cap Rate

3167 Landis St
San Diego, CA 92104
North Park


HIGHLIGHTS

  • TURN KEY - Recently Renovated Property Down-to-the-studs renovation with modern, high-end finishes
  • LARGE LOT - 9403 SF Lot
  • STRONG UNIT MIX - Comprised of (12) 1Bd/1Bth Unit, (2) 2Bd/1Bth Unit, and (2) Studio Unit
  • In-unit laundry & ductless AC in every unit
  • Assigned + off-street parking
  • Near top schools: OLP, McKinley, and St. Augustine

OVERVIEW

We are pleased to present 3167 Landis Street, a fully renovated 16-unit multifamily community located in the heart of North Park, one of San Diego’s most vibrant and desirable rental markets. This gated property has undergone an extensive renovation down to the studs, resulting in a high-quality, turnkey asset featuring modern finishes throughout. Each apartment includes in-unit laundry, ductless air conditioning, and thoughtfully designed interiors that offer residents the comfort and convenience expected in today’s rental market. The property also benefits from assigned parking and abundant off-street parking, a rare amenity in this highly walkable neighborhood. A spacious central courtyard and common area creates an inviting environment for outdoor living and encourages a sense of community among residents. Situated just moments from the restaurants, cafes, and entertainment that define North Park, the property offers tenants exceptional access to neighborhood amenities while maintaining a quiet residential setting. Nearby schools such as Francis Parker, Our Lady of Peace, McKinley Elementary, and St. Augustine High School further enhance the property’s appeal to a diverse tenant base. With excellent curb appeal, a premier location, and strong income potential, 3167 Landis Street presents a rare opportunity for investors to acquire a fully renovated, stabilized asset in one of San Diego’s most established and supply-constrained urban neighborhoods.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$601 USD /SF

# OF UNITS

16

PRICE/UNIT

$468,750

CAP RATE

4.63%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Landis Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,403 SF

ZONING

-

APN/PARCEL ID

453-173-01-00

ASK ABOUT THIS PROPERTY

Seth WatjeStarker West, IncMore Info
619-358-3748

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Seth WatjeStarker West, IncMore Info
619-358-3748

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