We are pleased to present 4135 Illinois Street, a fully renovated 16-unit multifamily asset located in the vibrant North Park neighborhood of San Diego, California. Built in 1964, the property offers a desirable mix of five 3-bedroom/2-bath units, five 2-bedroom/1- bath units, and six 1-bedroom/1-bath units—appealing to a broad tenant base seeking high-quality living in one of San Diego’s most dynamic submarkets. The property has been comprehensively rehabilitated, featuring modern kitchens with sleek cabinetry, quartz countertops, stainless steel appliances, upgraded flooring, energy-efficient fixtures, and contemporary tile finishes (see photo). These thoughtful renovations elevate the resident experience while minimizing future capital expenditure for the next owner. Residents benefit from abundant on-site parking, including 7 off-street spaces, 3 double-car garages, and 2 single-car garages—for a total of 15 parking spaces. Located just blocks from North Park’s eclectic dining, boutique retail, and entertainment corridors, 4135 Illinois Street boasts a Walk Score of 94, reflecting its outstanding walkability and access to everyday conveniences. Tenants enjoy proximity to Balboa Park, the San Diego Zoo, and the rapidly growing University Heights and Hillcrest neighborhoods. This turnkey asset provides investors with a stabilized, low-maintenance property in a high-demand rental market known for consistent rent growth and limited supply. With its prime location, quality renovations, and diverse unit mix, 4135 Illinois Street offers an exceptional opportunity to acquire a best-in-class multifamily investment in the heart of North Park. North Park is one of San Diego’s most sought-after urban neighborhoods, known for its walkable streets, vibrant arts scene, and mix of trendy restaurants, craft breweries, and boutique shops. The area attracts a strong renter demographic of young professionals and creatives who value its central location—just minutes from Downtown, Balboa Park, and major employment centers—making it one of the city’s most stable and desirable rental markets.