Marcus & Millichap is pleased to present 3933–45 Hamilton Street, a 14-unit apartment complex in the heart of San Diego’s North Park neighborhood. Built in 1927, the property spans approximately 7,056 rentable square feet on a large ±13,986 square foot lot and boasts a Walk Score of 95. The unit mix includes twelve one-bedroom/one-bath units and two two-bedroom/one-bath units, complemented by gated access, a central courtyard, on-site laundry, eight off-street parking spaces, and three garages. With well-maintained interiors but below-market rents, the property offers investors a compelling value-add opportunity through renovation and repositioning.
Recent upgrades include a full exterior repaint, new roofs on the front buildings, updated landscaping, and replacement of 12 custom windows. Its prime location—just steps from University Avenue, 30th Street, and major freeways—adds to its long-term desirability. 3933–45 Hamilton Street presents a rare chance to acquire a historically significant, income-producing asset with strong rental upside and potential for two ADU conversions.