Active
4270 34th St
San Diego CA, 92104
$2,795,000
Active
Commercial
Listed by Robert Klaus with RBK Commercial 619-368-8727
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.
240001466SD
MLSⓇ ID
January 19, 2024
Listed
April 17, 2024
Updated
Map
4270 34th St
San Diego CA, 92104
Other Property Details
Area Name
92104 - North Park
Days on Market
89
Garage
No
Parking Total
0
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% |
Listing Contact: 619-368-8727
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Data last updated on 4/17/2024 at 4:09 PM UTC