Listing provided courtesy of Robert Klaus of RBK Commercial. Last updated 2024-04-28 08:54:23.000000. Listing information © 2022 Sandicor.
Asking Price: $2,795,000
4270 34th St, San Diego CA 92104
Community: 92104 - North Park
This Commercial/Residential property was built in 0 and is priced at $2,795,000. Please see the additional details below.
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.
