4218-4228 34th St - Apartments FOR SALE


San Diego, CA 92104- Corridor
$2,280,000 USD
859-433-8741
4218-4228 34th St, San Diego, CA for Sale
$2,280,000 USD
Apartments - FOR SALE
1/22
null | 5.5% Cap Rate

4218-4228 34th St
San Diego, CA 92104
Corridor


HIGHLIGHTS

  • Desirable Unit Mix - Mostly 2-Bedroom Floorplans
  • Off Street Parking - 6 Spaces
  • Modern Interior Finishes and Appliances

OVERVIEW

*Please do not walk on the property or disturb the tenants* Whitewater CRE is excited to present a fully stabilized 5+1 unit apartment complex situated near North Park and Cherokee Point. Built in 1945 and renovated in 2024, this property is situated on a 6,254 SF lot and offers approximately 3,791 rentable SF. Located at 4218-4228 34th St, this complex is comprised of (5) two-bedroom/one-bathroom units and (1) non-conforming studio unit. The building has amenities such as off-street parking, on-site laundry, and a secure gated entry. Each residence boasts modern upgrades such as stain-less-steel appliances, renovated bathrooms & kitchens, and contemporary fixtures. Situated between the 805 and 15 freeways, residents will have optimal access to all that San Diego has to offer, plus the trendy dining, shopping, and nightlife of North Park and Normal Heights just blocks away. The mid-city area is on the rise offering the perfect blend of urban convenience and laid-back charm. Known for its vintage shops, craft beers, coffee houses, and trendy eateries, it’s a place where you can easily walk to all the neighborhood’s attractions.

FOR SALE DETAILS

PRICE

$2,280,000 USD

PRICE/SF

$601 USD /SF

# OF UNITS

5

PRICE/UNIT

$456,000

CAP RATE

5.5%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,058 SF

ZONING

RM-1-3

APN/PARCEL ID

447-562-31

ASK ABOUT THIS PROPERTY

Carson TrujilloWhitewater Commercial Real EstateMore Info
859-433-8741

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Carson TrujilloWhitewater Commercial Real EstateMore Info
859-433-8741

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