4518-4524 Kansas St - Apartments FOR SALE


San Diego, CA 92116- North Park
$3,195,000 USD
619-358-3748
4518-4524 Kansas St, San Diego, CA for Sale
$3,195,000 USD
Apartments - FOR SALE
1/33
null | 4.41% Cap Rate

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


HIGHLIGHTS

  • All 2 Bed / 1 Bath floorplans
  • In-unit laundry in renovated units + on-site laundry
  • Upgraded electric panels
  • Beautiful new landscaping & fountain
  • Remaining rental upside

OVERVIEW

Prime North Park location with an all 2-bedroom/1-bath unit mix—an attractive and highly functional layout for the area. Four units have been fully renovated with modern finishes, while the remaining four offer a straightforward value-add path for additional upside. Ownership has completed meaningful exterior and systems upgrades, including refreshed landscaping, new exterior paint and lighting, updated windows, and sewer line improvements. The courtyard has been enhanced with a new water fountain, deck surfaces have been refinished, and handrails have been brought up to current code. Electrical subpanels have been replaced, the roof is serviceable, and off-street parking adds to overall tenant appeal. With the heavy lifting already done, the property is well positioned for strong performance and future growth through continued interior renovations and strategic rent adjustments.

FOR SALE DETAILS

PRICE

$3,195,000 USD

PRICE/SF

$403 USD /SF

# OF UNITS

8

PRICE/UNIT

$399,375

CAP RATE

4.41%

% 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

-

APN/PARCEL ID

446-032-22

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 Notice.