Listed by Berkadia Commercial Mortgage San Diego
$10,900,000
4384 Hamilton Street
Details
Property Type Multifamily
Square Footage 15,098
Net Rentable (SqFt) 15,098
NOI $516,659
Year Built 2024
Buildings 1
Acreage 0.160
Parking Spaces 5 spaces
Parking Per SqFt 0.33
Sale Condition For sale by owner
Mixed-Use Asset in San Diego's North Park Neighborhood
Marketing description
Berkadia is pleased to present the opportunity to acquire Nok Nok North Park, a 28-unit, mixed-use opportunity in San Diego's highly sought-after North Park neighborhood. The property offers residents a compelling urban living experience, highlighted by an on-site coffee shop and a Walk Score of 93,
providing immediate access to an array of dining, retail, and lifestyle amenities. Nok Nok North Park is also situated just three minutes from the I-805 on-ramp, offering convenient connectivity to San Diego’s major employment centers and premier lifestyle destinations.
Investment highlights
- Walker's Paradise: Walk Score of 93
- Exempt from California Rent Control AB 1482
- Adjacent to Bus Rapid Transit (BRT)
- San Diego's key employment hubs (UTC/Sorrento Valley, Mission Valley, Kearny Mesa, and Downtown San Diego) are all within a 15-minute commute
- Affluent Neighborhood Demographics: North Park's average household income is $114,240
Listing Contacts
Listed by Berkadia Commercial Mortgage San Diego
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$516,659.00
$43,054.92/mo
Valuation Metrics
0
DSCR
4.74%
Cap Rate
4.74%
ROI
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