4168 32nd St - Apartments FOR SALE


San Diego, CA 92104- North Park
$3,500,000 USD
858-761-2529
4168 32nd St, San Diego, CA for Sale
$3,500,000 USD
Apartments - FOR SALE
1/40
null | 5.54% Cap Rate

4168 32nd St
San Diego, CA 92104
North Park


HIGHLIGHTS

  • ?Upgraded investment opportunity with in-place market rents
  • ?Desirable unit mix featuring one- and two-bedroom residences
  • ?Sizeable floorplans with an average unit size of 745 square feet
  • ?Prime North Park location with strong walkability and rental demand
  • ?Abundant off-street parking for tenants

OVERVIEW

We are pleased to present 4168 32nd Street, an upgraded multifamily investment opportunity ideally located in San Diego's highly sought-after North Park neighborhood.? The property benefits from a premier urban location with convenient access to major employment centers, vibrant retail and dining destinations, and regional transportation corridors, supporting strong and consistent rental demand. The property features an efficient unit mix consisting of three (3) one-bedroom/one-bathroom units, four (4) two-bedroom/one-bathroom units, and three (3) two-bedroom/two-bathroom residences with spacious floor plans averaging approximately 745 square feet.? The residences have been thoughtfully updated with modern kitchens and bathrooms featuring quartz countertops, white shaker cabinetry, laminate flooring, and stainless steel appliances, including dishwashers, ranges, microwaves, and refrigerators. Residents enjoy immediate access to North Park's renowned restaurants, boutiques, coffee shops, and entertainment while remaining just minutes from Downtown San Diego, Balboa Park, and the region's major freeway network. Combining a highly desirable location, renovated interiors, and strong in-place cash flow, 4168 32nd Street presents a compelling opportunity to acquire a well-positioned multifamily asset in one of San Diego's most sought-after urban rental markets.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$522 USD /SF

# OF UNITS

10

PRICE/UNIT

$350,000

CAP RATE

5.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

R-1

APN/PARCEL ID

446-323-23

ASK ABOUT THIS PROPERTY

Austin Ray HuffmanMarcus & MillichapMore Info
858-761-2529

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Austin Ray HuffmanMarcus & MillichapMore Info
858-761-2529

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