$ 2,850,000
4640 Kansas Street San Diego, CA 92116
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$ 2,850,000
Est. payment | /mo
$ 2,850,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 240015822SD
HOA Y/N No
Property Description
We are pleased to present 4640 Kansas Street located in San Diego, California. Built in 1960, the 8-unit apartment complex is located in the highly desirable neighborhood of North Park and boasts a Walk Score of 94. The property sits on a 7,005 square foot lot and has approximately 5,400 rentable square feet. The unit mix consists of (4) two-bedroom / one-bathroom units and (4) one-bedroom / one-bathroom units. The units have been well-maintained over the years, having received basic upgrades including dual pane vinyl windows on all units. Attractive tenant offerings include: gated access, on-site laundry, and (11) off-street parking spaces. Each of the ground level units have their own private patio enclosures. Through a substantial, modern renovation an investor could dramatically increase cash flow by bringing rents up to market levels. Located less than a block from Adams Avenue and one block from 30th Street, the property is within walking distance to all the best attractions North Park and Normal Heights has to offer. There is also easy access to the 805 freeway within a few blocks. 4640 Kansas Street ultimately presents investors the rare opportunity to acquire a well maintained, value-add asset with significant rental upside in one of San Diego’s most desirable rental markets. Please Contact Listing Agent For Offering Memorandum.
Location
State CA
County San Diego
Area 92116 - Normal Heights
Interior
Fireplace No
Others
Tax ID 4460231800
Listed by Ben Sierpina • Marcus & Millichap
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Justin & Jessica Bouzane
Broker Associate | Lic# 01905244