3795 Alabama Street, North Park, CA 92104

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List Price
$1,975,000
Status
ACTIVE
MLS#
260024267SD
Year Built
1950
Days on Market
1
Property Type
Multifamily
Stories
Two Levels
Neighborhood
North Park

Property Description

We are pleased to present 3795 Alabama Street, a well-maintained four-unit multifamily property located in the highly desirable North Park neighborhood of San Diego, California. This attractive investment opportunity offers stable in-place income, a desirable unit mix, and strong long-term upside in one of San Diego's most sought-after urban rental markets. Situated on a well-positioned corner lot at Alabama Street and Wightman Street, the property consists of four residential units totaling approximately 2,836 square feet. The unit mix includes one (1) two-bedroom, two-bathroom house of approximately 900 square feet, one (1) one-bedroom, one-bathroom unit of approximately 400square feet, and two (2) two-bedroom, one-bathroom units approximately 768 square feet each. The diverse floorplans appeal to a broad tenant base and provide investors with reliable occupancy and income stability. Residents enjoy the convenience and walkability that have made North Park one of San Diego's premier rental destinations. The property is located within minutes of neighborhood restaurants, breweries, coffee shops, shopping, Balboa Park, Downtown San Diego, and major employment centers. Its central location, combined with easy access to Interstate 805 and State Route 94, enhances its appeal for tenants seeking an urban lifestyle with convenient commuting options. 3795 Alabama Street presents investors with the rare opportunity to acquire a well-located multifamily asset in one of San Diego's most vibrant and supply-constrained submarkets.

Additional Information

Cooling Description
None
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$113,004

Listing courtesy of Listing Agent: Austin Huffman (ahuffman@ipausa.com) from Listing Office: Marcus & Millichap.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.