4518-4524 Kansas St - Apartments FOR SALE


San Diego, CA 92116- North Park
$3,199,000 USD
619-358-3748
4518-4524 Kansas St, San Diego, CA for Sale
$3,199,000 USD
Apartments - FOR SALE
1/20
null | 4.05% Cap Rate

4518-4524 Kansas St
San Diego, CA 92116
North Park


HIGHLIGHTS

  • STRONG UNIT MIX - Comprised of all 2 Bedroom 1 Bathroom Unit
  • RECENTLY IMRPOVED
  • LARGE LOT - 6,996 SF Lot

OVERVIEW

ALL 2 BED 1 BATH UNITS!! Starker West, Inc. is pleased to present 4518 Kansas Street, a well-located multifamily investment opportunity in the heart of North Park—one of San Diego’s most dynamic rental submarkets. This unique property consists entirely of 2-bedroom, 1-bathroom units, a rare and highly desirable floorplan mix for the area. Ownership has completed significant capital improvements including upgraded electric panels, in-unit laundry in renovated apartments, and enhanced landscaping with a newly added water fountain, contributing to strong curb appeal and tenant satisfaction. Additionally, on-site laundry offers added convenience for tenants in unrenovated units. With many of the costly renovations already completed, the property is positioned for an investor to capitalize on the remaining rental upside through interior renovations and strategic rent adjustments. This is a value-add opportunity in a prime location, offering both stability and future growth potential.

FOR SALE DETAILS

PRICE

$3,199,000 USD

PRICE/SF

$403 USD /SF

# OF UNITS

8

PRICE/UNIT

$399,875

CAP RATE

4.05%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,996 SF

ZONING

RM-2-5

APN/PARCEL ID

446-032-22-00

ASK ABOUT THIS PROPERTY

Seth WatjeStarker West, IncMore Info
619-358-3748

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Seth WatjeStarker West, IncMore Info
619-358-3748

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