We are pleased to present 3344-3348.5 32nd Street, a 1950 built 5-unit apartment complex in the highly desirable neighborhood of North Park. The building sits on a 6,248 square foot lot and has approximately 3,724 rentable square feet. The property is comprised of two buildings. The front house is a 2 bedroom / 1 bath unit with an optional third bedroom. The fourplex in the back consists of all 2 bedroom / 1 bath units. Attractive tenant offerings include: on-site laundry and (5) off-street tandem parking spaces, stellar walkability with the likes of Thorn Street Brewing, Grand Ole BBQ, and Santos Coffee with one block. There is considerate upward potential in income. Rents are below market and utilities are currently being paid by the owner. Raise rents and implement RUBs for immediate additional cash flow. A little love on the exterior will go a long way with this property. We are pleased to present 3344-3348.5 32nd Street, a 1950 built 5-unit apartment complex in the highly desirable neighborhood of North Park. The building sits on a 6,248 square foot lot and has approximately 3,724 rentable square feet. The property is comprised of two buildings. The front house is a 2 bedroom / 1 bath unit with an optional third bedroom. The fourplex in the back consists of all 2 bedroom / 1 bath units. Attractive tenant offerings include: on-site laundry and (5) off-street tandem parking spaces, stellar walkability with the likes of Thorn Street Brewing, Grand Ole BBQ, and Santos Coffee with one block. There is considerate upward potential in income. Rents are below market and utilities are currently being paid by the owner. Raise rents and implement RUBs for immediate additional cash flow. A little love on the exterior will go a long way with this property.
Property Details
Price:
$2,100,000
MLS #:
240012784SD
Status:
Active
Baths:
0
Address:
3344 32nd St
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
92104northpark
City:
San Diego
Listed Date:
Jun 5, 2024
State:
CA
ZIP:
92104
Schools
Interior
Heating
Wall Furnace
Exterior
Parking Spots
0.00
Roof
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Courtesy of ENG Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
3344 32nd St
San Diego, CA
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