We are pleased to present 4640 Kansas Street located in San Diego, California. Built in 1960, the 8-unit apartment complex is located in the highly desirable neighborhood of North Park and boasts a Walk Score of 94. The property sits on a 7,005 square foot lot and has approximately 5,400 rentable square feet. The unit mix consists of (4) two-bedroom / one-bathroom units and (4) one-bedroom / one-bathroom units. The units have been well-maintained over the years, having received basic upgrades including dual pane vinyl windows on all units. Attractive tenant offerings include: gated access, on-site laundry, and (11) off-street parking spaces. Each of the ground level units have their own private patio enclosures. Through a substantial, modern renovation an investor could dramatically increase cash flow by bringing rents up to market levels. Located less than a block from Adams Avenue and one block from 30th Street, the property is within walking distance to all the best attractions North Park and Normal Heights has to offer. There is also easy access to the 805 freeway within a few blocks. 4640 Kansas Street ultimately presents investors the rare opportunity to acquire a well maintained, value-add asset with significant rental upside in one of San Diego’s most desirable rental markets. Please Contact Listing Agent For Offering Memorandum.
Property Details
Price:
$2,850,000
MLS #:
240015822SD
Status:
Active
Baths:
0
Address:
4640 Kansas Street
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
92116normalheights
City:
San Diego
Listed Date:
Jun 7, 2024
State:
CA
ZIP:
92116
Schools
Interior
Exterior
Parking Spots
0.00
Financial
Map
Contact Us
Mortgage Calculator
Similar Listings Nearby
- 4647 University ave
San Diego, CA$3,700,000
2.32 miles away
- 5502 University
San Diego, CA$3,680,000
3.31 miles away
- 4052 Oregon Street
San Diego, CA$3,600,000
0.75 miles away
- 3914 Adams Avenue
San Diego, CA$3,500,000
1.24 miles away
- 2368 2nd Avenue
San Diego, CA$3,124,000
2.85 miles away
- 3736 Mississippi St
San Diego, CA$3,100,000
1.21 miles away
- 4142 44th St.
San Diego, CA$3,100,000
1.95 miles away
- 4144 32nd St. (-46)
San Diego, CA$3,100,000
2.71 miles away
- 4152 32nd St.
San Diego, CA$3,100,000
0.69 miles away
- 6331 University Ave
San Diego, CA$3,099,000
4.26 miles away
Courtesy of Marcus & Millichap. 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.
4640 Kansas Street
San Diego, CA
LIGHTBOX-IMAGES