4336 Idaho St - Apartments FOR SALE


San Diego, CA 92104- North Park
$2,675,000 USD
858-531-8110
4336 Idaho St, San Diego, CA for Sale
$2,675,000 USD
Apartments - FOR SALE
1/13
null | 4.67% Cap Rate

4336 Idaho St
San Diego, CA 92104
North Park


HIGHLIGHTS

  • Significant Value-Add Opportunity
  • Great Mix- All Two and Three Bedroom Units-Exceptional Large Floor Plans and Opportunity for Modern Renovation
  • Recorded Condo Map
  • New Plumbing-New Electrical Circuit Brakers-SB 721 Compliance
  • Located in North Park/University Heights, One of America's Hippest Neighborhoods

OVERVIEW

We are pleased to present the opportunity to acquire 4336 Idaho St, a 6 unit apartment community located in highly sought-after North Park/University Heights submarket of San Diego. Constructed in 1987, with a recorded subdivision condominium map situated on an 7,000 SF lot with 12 total parking spaces, including 2 single-car garages. The unit mix is comprised of 4 spacious 2-Bedroom/ 2-Bath units averaging 955 SF, and 2 very large 3-Bedroom/ 2-bath units averaging 1,264 SF. Each unit includes in-unit washer and dryer, fully equipped kitchen, fireplace and private patio or balcony. Upper-level units feature vaulted ceilings and skylights. Ownership has completed several key capital improvements including new plumbing, new electrical circuit breakers and full SB 721 compliance. Positioned just north off El Cajon Blvd, the building has a Walk Score of 97. Residents enjoy walkable access to some of San Diego's top breweries, cafes, restaurants, retail, and nightlife. The surrounding area is experiencing an influx of high-end development, driving up rental rates and raising the quality standard. The combination of location, flexibility, and upside potential makes 4336 Idaho Street a compelling investment with multiple pathways for value creation.

FOR SALE DETAILS

PRICE

$2,675,000 USD

PRICE/SF

$422 USD /SF

# OF UNITS

6

PRICE/UNIT

$445,833

CAP RATE

4.67%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,996 SF

ZONING

MCCPD-MR

APN/PARCEL ID

445-361-18

ASK ABOUT THIS PROPERTY

Rita Lancaster-HannahRLH InternationalMore Info
858-531-8110

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Rita Lancaster-HannahRLH InternationalMore Info
858-531-8110

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