4384 Hamilton St - Apartments FOR SALE


San Diego, CA 92104- North Park
$10,900,000 USD
858-683-7930
4384 Hamilton St, San Diego, CA for Sale
$10,900,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

4384 Hamilton St
San Diego, CA 92104
North Park


HIGHLIGHTS

  • Walker's Paradise: 93 Walk Score
  • Located in San Diego's Most Authentic Neighborhood
  • Adjacent to Bus Rapid Transit (BRT)
  • Within three minutes of the I-805 onramp, providing access to San Diego's key employment centers within a 15-minute commute
  • Affluent Neighborhood Demographics: $114,240 (avg. household income), $1.1M (median home sale price)
  • Exempt from California Rent Control AB 1482

OVERVIEW

Berkadia is pleased to present the opportunity to acquire Nok Nok North Park, a 28-unit, mixed-use opportunity in San Diego's highly sought-after North Park neighborhood. The property offers residents a compelling urban living experience, highlighted by an on-site coffee shop and a Walk Score of 93, providing immediate access to an array of dining, retail, and lifestyle amenities. Nok Nok North Park is also situated just three minutes from the I-805 on-ramp, offering convenient connectivity to San Diego’s major employment centers and premier lifestyle destinations. GUIDELINES & LIMITING CONDITIONS: The Nok Nok Apartments (the “Property”) is currently the subject of a Partition proceeding in the San Diego County Superior Court (the "Court”), Case No. 25CU049856C (Consolidated w/ 25CU055868C). The Property, located at 4384 Hamilton Street, San Diego, CA 92104, is being sold subject to Court approval by and through Douglas Wilson, solely in its representative capacity as court-appointed Partition Referee (the “Referee”). The Referee has hired Berkadia Real Estate Advisors as the exclusive marketing agent for the Property (the “Broker”). Any sale of the Property must be approved by the Court, which approval shall be a precondition to closing. The Referee in its sole and absolute discretion may consider any other criteria it deems relevant as to whether a bid is a Qualified Bid. Further, the Referee may at any time and for any reason accept, reject, or counter any offer. The Referee, in its sole discretion may at any time and for any reason, elect not to sell the Property.

FOR SALE DETAILS

PRICE

$10,900,000 USD

PRICE/SF

$537 USD /SF

# OF UNITS

28

PRICE/UNIT

$389,286

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nok Nok North Par

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R-4

APN/PARCEL ID

445-351-24

ASK ABOUT THIS PROPERTY

Leila BehnamBerkadiaMore Info
858-683-7930

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Leila BehnamBerkadiaMore Info
858-683-7930

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