Active
4270 34th St
North Park CA, 92104
$2,795,000
$545.58 per sqft
Active
3 Beds
5,123 sqft
Commercial
4/17 price reduction. Almost a 6 cap on Proforma. Property shows well. Less than $350,000 per unit. For sale is a stabilized multifamily investment property located at 4270 34th St. San Diego, Ca 92104, in the popular North Park Community. This is an 8 unit Huffman style apartment building property consisting of (5) 1bed / 1 bath units and (3) 2 bed / 1 bath units. All units are rented at or near market rents allowing the future owner to keep pace with rising rents. Located on the alley are (4) 1 car garages that can be converted into multiple ADU's adding tremendous value with relatively little investment dollars. Easy upside to a 5.7 cap by adding RUBS, laundry, parking income and increase units to market rents.
240001466
MLSⓇ ID
January 19, 2024
Listed
May 9, 2024
Updated
Map
4270 34th St
North Park CA, 92104
Interior Features
Total Stories
2
Bedrooms
3
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Other Property Details
Area Name
Metro Uptown
Days on Market
89
Garage
No
View
No
County
San Diego
Pool
No
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
4/17/2024 | Price Change | $2,795,000 -2% |
3/7/2024 | Price Change | $2,850,000 -2% |
Listed by RBK Commercial, Robert Klaus,
Listing Contact: 619-368-8727
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Data last updated 4:02 AM UTC, 5/9/2024
