Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Year built

1950

Stories

2

Cooling

None

Status

Active

Days on market

0

MLS #

247937809

About this property

We are pleased to present 3795 Alabama Street, a well-maintained four-unit multifamily property located in the highly desirable North Park neighborhood of San Diego, California. This attractive investment opportunity offers stable in-place income, a desirable unit mix, and strong long-term upside in one of San Diego's most sought-after urban rental markets. Situated on a well-positioned corner lot at Alabama Street and Wightman Street, the property consists of four residential units totaling approximately 2,836 square feet. The unit mix includes one (1) two-bedroom, two-bathroom house of approximately 900 square feet, one (1) one-bedroom, one-bathroom unit of approximately 400square feet, and two (2) two-bedroom, one-bathroom units approximately 768 square feet each. The diverse floorplans appeal to a broad tenant base and provide investors with reliable occupancy and income stability. Residents enjoy the convenience and walkability that have made North Park one of San Diego's premier rental destinations. The property is located within minutes of neighborhood restaurants, breweries, coffee shops, shopping, Balboa Park, Downtown San Diego, and major employment centers. Its central location, combined with easy access to Interstate 805 and State Route 94, enhances its appeal for tenants seeking an urban lifestyle with convenient commuting options. 3795 Alabama Street presents investors with the rare opportunity to acquire a well-located multifamily asset in one of San Diego's most vibrant and supply-constrained submarkets.

Location

3795 Alabama Street

San Diego, San Diego, CA, 92104