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34428706
34428738

4168 32nd Street, San Diego, CA 92104 For Sale

AH
CA CA 01981817
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego
$3,500,000
4 days on market
Updated 3 days ago
Opportunity zone

4168 32nd Street

Details
APN 4463232300
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,969
Net Rentable (SqFt) 6,969
Cap Rate 5.54%
NOI $194,058
Price per SqFt $470
Year Built 1972
Buildings 1
Stories 2
Acreage 0.160

Just Listed | 10 Units | North Park

Marketing description

We are pleased to present 4168 32nd Street, an upgraded multifamily investment opportunity ideally located in San Diego's highly sought-after North Park neighborhood. The property benefits from a premier urban location with convenient access to major employment centers, vibrant retail and dining destinations, and regional transportation corridors, supporting strong and consistent rental demand.

The property features an efficient unit mix consisting of three (3) one-bedroom/one-bathroom units, four (4) two-bedroom/one-bathroom units, and three (3) two-bedroom/two-bathroom residences with spacious floor plans averaging approximately 745 square feet. The residences have been thoughtfully updated with modern kitchens and bathrooms featuring quartz countertops, white shaker cabinetry, laminate flooring, and stainless steel appliances, including dishwashers, ranges, microwaves, and refrigerators.

Residents enjoy immediate access to North Park's renowned restaurants, boutiques, coffee shops, and entertainment while remaining just minutes from Downtown San Diego, Balboa Park, and the region's major freeway network. Combining a highly desirable location, renovated interiors, and strong in-place cash flow, 4168 32nd Street presents a compelling opportunity to acquire a well-positioned multifamily asset in one of San Diego's most sought-after urban rental markets.

Investment highlights

  • Upgraded investment opportunity with in-place market rents

  • Desirable unit mix featuring one- and two-bedroom residences

  • Sizeable floorplans with an average unit size of 745 square feet

  • Prime North Park location with strong walkability and rental demand

  • Abundant off-street parking for tenants

Listing Contacts

AH
CA CA 01981817
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$194,058.00
$16,171.50/mo

Valuation Metrics

0
DSCR
5.54%
Cap Rate
5.54%
ROI

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Additional Information

Name
Austin Ray Huffman
License
CA 01981817
Brokerage Phone
858-373-3122
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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