Positioned in the heart of Kensington, one of San Diego’s most sought-after neighborhoods, 4344 Van Dyke Avenue offers investors a rare opportunity to acquire a fully remodeled nine-unit apartment complex with exceptional upside potential. The property blends timeless Spanish-style architecture with modern upgrades, creating a highly desirable living environment. Residents enjoy walkable access to local dining, boutique shops, and community amenities, while proximity to SDSU, Downtown San Diego, and major freeways ensures strong rental demand.
The unit mix—three two-bedroom units, five one-bedroom units, and a newly completed ADU—caters to a diverse tenant base. Recent improvements include drought-tolerant landscaping, gated entry, and upgraded common areas featuring stainless steel BBQ, bike racks, and private storage lockers. Interiors boast wood laminate flooring, quartz countertops, and stainless steel appliances, elevating the property’s appeal. With permits secured for the ADU and market rents trending upward, new ownership can capitalize on immediate value-add opportunities. This offering combines stability, growth potential, and prime location in a thriving urban market.