4657 Idaho St - Apartments FOR SALE


San Diego, CA 92116- North Park
$1,150,000 USD
530-360-0617
4657 Idaho St, San Diego, CA for Sale
$1,150,000 USD
Apartments - FOR SALE
1/13
null | 3.45% Cap Rate

4657 Idaho St
San Diego, CA 92116
North Park


HIGHLIGHTS

  • Prime North Park location is only steps from Adams Avenue with a 93 Walk Score
  • Desirable unit mix featuring one 2-bedroom/1-bath unit and one 1-bedroom/1-bath unit
  • Both units have private one-car garages, with conversion potential for added rental income
  • Roof and electrical systems have been replaced within the past 10 years
  • Current rents are below market, offering significant upside
  • Located in one of San Diego’s most sought-after rental markets with consistent tenant demand

OVERVIEW

Matthews Real Estate Investment Services™ is proud to present 4657 Idaho Street, a prime duplex opportunity in the heart of North Park. Located just steps from the vibrant energy of Adams Avenue, this well-maintained property features a 1-bedroom, 1-bath front unit and a 2-bedroom, 1-bath rear unit, each with a private garage and exclusive-use backyard. Perfect for an owner-occupant, investor, or Airbnb operator, this is an ideal live-in-one, rent-the-other setup with strong long-term upside. Recent upgrades include a newer roof, full electrical system replacement, and energy-efficient mini-split heating and cooling installed three years ago. Both units are separately metered and enjoy excellent natural light and privacy. What sets this property apart is the untapped potential to convert the garages into ADUs, offering the ability to significantly boost rental income and property value (buyer to verify with the city). With current rents below market and a Walk Score of 93, this is a rare chance to secure a stable asset in one of San Diego’s most sought-after rental corridors. 4657 Idaho Street offers the perfect blend of location, flexibility, and future upside in the heart of North Park.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$968 USD /SF

# OF UNITS

2

PRICE/UNIT

$575,000

CAP RATE

3.45%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,281 SF

ZONING

RM-2-5

APN/PARCEL ID

445-092-05

ASK ABOUT THIS PROPERTY

Jake BennerMatthews Real Estate Investment ServicesMore Info
530-360-0617

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Jake BennerMatthews Real Estate Investment ServicesMore Info
530-360-0617

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