4321 33rd Street, North Park CA, 92104

Active

4321 33rd Street

North Park CA, 92104

$2,465,000

$616.25 per sqft

Active

8 Beds

8 Baths

4,000 sqft

Multi-family

Built in 2022

4321 33rd Street, San Diego, CA 92104 is a newly built (2022) 5 unit apartment property located in the trendy Normal Heights area of mid-city San Diego with walking distance to Adams Avenue's bustling restaurant and brewery scene and just a short drive to North Park, University Heights, South Park, Hillcrest & Kensington. The property boasts 80% HUGE 1,000 SF 2BR/2BA units with high end finishes and 14' ceilings on the 2nd level. The property is extremely efficient with limited landscaping and on-going maintenance. The units boast individual hot water heaters, and electric meters (no gas) and submeters for water. Although the rents are very close to market, there is still additional upside in rents on turnover/lease renewal for each unit. Property is also exempt for California Rent Control AB-1482, due to the newer age of construction. NOTE that the property is 4 legal units with a 5th unit that is nonconforming. Due to recent changes to city density and ADU regulations, a buyer should have a clear path to perfecting the 5th unit. Buyer to Investigate viability of perfecting the 5th unit. Email listing agent for Offering Memorandum

240027406

MLSⓇ ID

November 23, 2024

Listed

November 27, 2024

Updated

Map

4321 33rd Street
North Park CA, 92104

Interior Features

Total Stories: 1
Bedrooms: 8
Total Bathrooms: 8
Full Bathrooms: 8
Appliances: Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
Laundry Description: Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups, Unit 4 Hookups
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: No

Exterior/Building Features

Roof: Composition

Other Property Details

Area Name: Metro Uptown
Days on Market: 4
Garage: No
View: No
County: San Diego
Pool: No

Listed by David Santistevan, Corey McHenry,
Listing Contact: 619-565-0179

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Data last updated 12:40 AM UTC, 11/27/2024