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$3,600,000
4 Beds 3 Baths PTP2606618 MLS ACTIVE Status
The highest return turnkey Northpark multifamily deal on the market AND it has excessive parking AND highly desirable 1987 construction! 4341 Texas Street, San Diego offers a fully renovated, 1987 construction, 9-unit multifamily asset with an excessive 14 off-street parking spaces, immediate cash flow and remaining rental upside. 100% of units have been renovated. The property is ideally situated in the center of Northpark, one of San Diegos strongest and fondest rental markets. The property consists of an ideal and diverse unit mix of (6) 1 Bed / 1 Bath and (3) 3 Bed / 2 Bath units. All 3-Bedroom units possess in-unit laundry and AC. Onsite laundry is provided for the 1-bedroom units. Parking is highly demanded and necessary to drive strong rents and occupancy in the Northpark Submarket. 4341 Texas will outperform competing rentals by providing over a 1:1 off-street parking ratio plus an additional 4 garage spaces yielding 14 total parking spaces for 9 units, which is just shy of 1 parking space per bedroom, an extremely rare commodity in the dense Northpark submarket. The property features full ABS plumbing, individual unit water heaters for reduced SDGE usage,Challenger brand electrical panels with Romex wiring (400 amp/220V main service), and a pitched shingle roof. Ownership will benefit from the highly desirable infrastructure systems of a 1987 construction asset while maintaining the operational simplicity of a low-density asset, 2 story walk up building. The asset currently generates $272,612,412 annual GSI and $181,414 NOI, yielding a 5.04% in-place cap rate. Ther The highest return turnkey Northpark multifamily deal on the market AND it has excessive parking AND highly desirable 1987 construction! 4341 Texas Street, San Diego offers a fully renovated, 1987 construction, 9-unit multifamily asset with an excessive 14 off-street parking spaces, immediate cash flow and remaining rental upside. 100% of units have been renovated. The property is ideally situated in the center of Northpark, one of San Diegos strongest and fondest rental markets. The property consists of an ideal and diverse unit mix of (6) 1 Bed / 1 Bath and (3) 3 Bed / 2 Bath units. All 3-Bedroom units possess in-unit laundry and AC. Onsite laundry is provided for the 1-bedroom units. Parking is highly demanded and necessary to drive strong rents and occupancy in the Northpark Submarket. 4341 Texas will outperform competing rentals by providing over a 1:1 off-street parking ratio plus an additional 4 garage spaces yielding 14 total parking spaces for 9 units, which is just shy of 1 parking space per bedroom, an extremely rare commodity in the dense Northpark submarket. The property features full ABS plumbing, individual unit water heaters for reduced SDGE usage,Challenger brand electrical panels with Romex wiring (400 amp/220V main service), and a pitched shingle roof. Ownership will benefit from the highly desirable infrastructure systems of a 1987 construction asset while maintaining the operational simplicity of a low-density asset, 2 story walk up building. The asset currently generates $272,612,412 annual GSI and $181,414 NOI, yielding a 5.04% in-place cap rate. There is approximately 11% income upside remaining with select units, the implementation of a utility billback program, and separated billing one of the double car garages. The asset is forecasted to produce $301,380 GSI and a 5.78% market cap rate at full market operations, with no additional capital investment required to achieve that additional income

4341 Texas St, San Diego

$1,500,000
4 Beds 2 Baths PTP2606506 MLS PENDING Status
This four-bedroom home blends elevated finishes with an open, highly functional layout made for everyday living and entertaining. At the heart of the home is an impressive 11-foot kitchen island, with a 36 inch stove and all new appliances and a custom eight foot Venetian plaster hood that makes a statement. The kitchen flows into your dining area, a spacious living room, where a new entertainment wall with an electric fireplace is ready to serve you. A 10-foot bifold door opens the living area to the backyard, creating an indoor-outdoor experience. Ready for you to enjoy, host and entertain! The first bedroom, privately positioned near the entrance and separate from the main sleeping areas, offers flexibility as a large home office, guest room, or additional bedroom. Beyond the designer remodel, the home has been extensively upgraded with a new roof, new plumbing, new HVAC, new electrical, new windows, new flooring, new shower tile, new water heater, newly poured concrete in the front and backyard, new fencing throughout, and fresh new landscaping. This four-bedroom home blends elevated finishes with an open, highly functional layout made for everyday living and entertaining. At the heart of the home is an impressive 11-foot kitchen island, with a 36 inch stove and all new appliances and a custom eight foot Venetian plaster hood that makes a statement. The kitchen flows into your dining area, a spacious living room, where a new entertainment wall with an electric fireplace is ready to serve you. A 10-foot bifold door opens the living area to the backyard, creating an indoor-outdoor experience. Ready for you to enjoy, host and entertain! The first bedroom, privately positioned near the entrance and separate from the main sleeping areas, offers flexibility as a large home office, guest room, or additional bedroom. Beyond the designer remodel, the home has been extensively upgraded with a new roof, new plumbing, new HVAC, new electrical, new windows, new flooring, new shower tile, new water heater, newly poured concrete in the front and backyard, new fencing throughout, and fresh new landscaping.

2063 Boundary St, San Diego

$1,850,000
4 Beds 3 Baths 260019714 MLS ACTIVE Status
Timeless Craftsman character meets modern North Park living in this beautifully reimagined 1921 single-level home, complete with a brand-new 385 SF detached ADU offering incredible flexibility for guests, extended family, a home office, or additional income. The main residence has been completely remodeled to create a bright, open, and effortlessly livable floor plan. Abundant natural light, wide-plank flooring, recessed lighting, and original-inspired details complement the home's classic architecture, while the open-concept living, dining, and kitchen areas are perfectly suited for today's lifestyle. The beautifully updated kitchen anchors the home with white shaker cabinetry, quartz countertops, stainless steel appliances, gas cooktop, wine refrigerator, farmhouse sink, and an oversized peninsula with bar seating. The spacious primary suite offers a private retreat with a beautifully remodeled ensuite bath, while additional bedrooms provide generous room sizes and beautiful built-ins. The thoughtfully designed ADU features vaulted ceilings, a modern kitchen, full-size bath, and two large sliding glass doors that create seamless indoor-outdoor living and open to inviting outdoor spaces. The property also offers a secluded backyard with new landscaping, creating a peaceful setting for entertaining, dining, or relaxing outdoors. Set in the heart of North Park, just blocks from restaurants, coffee shops, boutiques, and nightlife, with Balboa Park, Morley Field, and 30th Street nearby. A rare combination of historic charm, modern design, outdoor living, and versatility.

3537 Utah St, San Diego

$1,750,000
4 Beds 3 Baths 260013271 MLS ACTIVE Status
Discover the perfect blend of comfort and versatility in this delightful three-bedroom, two-bathroom home nestled in the sought-after Altadena neighborhood of North Park. This property boasts not only a stunning main residence but also a charming one-bedroom detached cottage, offering endless possibilities whether for guests, rental income, or a dedicated workspace. Step inside the main home to be greeted by gorgeous hardwood floors that flow throughout, filling the space with warmth and elegance. Bathed in natural light, the updated kitchen is a chef's dream, featuring stylish shaker-style cabinets, luxurious quartz countertops, and sleek stainless steel appliances, all complemented by a cozy breakfast area for casual dining. The spacious, fenced yard is a true outdoor oasis, beautifully landscaped and complete with a deck that invites you to unwind and soak up the sun or entertain friends and family in style. With a one-car detached garage providing ample storage, you’ll find convenience at every turn. The detached one-bedroom cottage at the rear of the property is equally inviting, showcasing newer vinyl plank flooring, a washer and dryer, and a generous private patio that enhances its charm. This fantastic property is ideally situated just a few blocks from the vibrant North Park business district at Thorn and 32nd Street, offering an array of shops, restaurants, and entertainment options. Families will appreciate being only two blocks away from McKinley Elementary School, making this location as practical as it is desirable.

3308-3310 Gregory St, San Diego

$1,690,000
4 Beds 2 Baths 260006314 MLS ACTIVE Status N/A BLDG.
Gorgeous 2-unit investment opportunity in the heart of Normal Heights/North Park—one of San Diego’s most vibrant and sought-after neighborhoods. This beautifully remodeled (2021) home, features TWO fully detached homes, each offering 2 bedrooms and 1 full bath, blending modern upgrades with strong income potential. Each residence comes complete with all appliances included, private and exclusive yard space, and its own solar system (leased)—providing both convenience and long-term efficiency. The property is thoughtfully designed with a serene shared courtyard at its center, featuring lounge seating and a relaxing jacuzzi—perfect for tenants or guests to unwind. The back unit boasts an additional bonus: a detached 2-car garage, adding significant value and functionality. Both units are currently occupied by long-term tenants, offering immediate, stable income for investors. Previously operated as a highly lucrative Airbnb ($100k+ annually), this property also presents excellent short-term rental potential (buyer to verify local regulations). Zoned RM-2-5, this property is located within a Sustainable Development Area, Transit Priority Area, and Complete Communities zone—offering valuable incentives and significant upside potential for future development. Whether you're completing a 1031 exchange or seeking a versatile income-producing asset in a prime location, this property delivers on all fronts—location, lifestyle, and long-term growth. Don’t miss this exceptional opportunity in one of San Diego’s most dynamic communities.

4365-67 Wilson Ave, San Diego

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