4270 34th St, San Diego CA 92104 | $2,795,000
Status: Active
Listing provided courtesy of Robert Klaus of RBK Commercial. Last updated 2024-05-03 08:47:19.000000. Listing information © 2024 SANDICOR.
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.
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Carol Stanford
Call or Text: 619.987.8766
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