Property listed by Starker West, Inc., Adam Cairo 858-867-3732
$3,199,000
Starker West, Inc. is pleased to present 4518 Kansas Street, a well-located multifamily investment opportunity in the heart of North Park—one of San Diego’s most dynamic rental submarkets. This unique property consists entirely of 2-bedroom, 1-bathroom units, a rare and highly desirable floorplan mix for the area. Ownership has completed… Read More significant capital improvements including upgraded electric panels, in-unit laundry in renovated apartments, and enhanced landscaping with a newly added water fountain, contributing to strong curb appeal and tenant satisfaction. Additionally, on-site laundry offers added convenience for tenants in unrenovated units. With many of the costly renovations already completed, the property is positioned for an investor to capitalize on the remaining rental upside through interior renovations and strategic rent adjustments. This is a value-add opportunity in a prime location, offering both stability and future growth potential. Read Less
Property listed by Starker West, Inc., Adam Cairo 858-867-3732
Listing Snapshot
Days Online
3
Last Updated
Property Type
Mixed Use
Lot Size
0.16 Acres
MLS Number
250035155SD
30 Days Snapshot Of 92116
$909k
-10%
(avg) sold price
18
-21%
homes sold
83
+25%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1 building
Expenses
Operating expense: $71,321
Income
Net operating income: $129,528
Lot
0.1606 acres, 6,996 square feet, Size: 6,996
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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