3245-57 Bramson Pl 8 Unit Apartment Building $3,250,000 ($406,250/Unit) 4.56% Cap Rate San Diego, CA 92104

Define Real Estate is pleased to present 3245-57 Bramson Place, a fully occupied 8-unit multifamily property in North Park, San Diego. The property features (3) one-bedroom and (5) two-bedroom units and offers immediate value-add potential through targeted renovations and the conversion of three garages into additional rental units. With nine dedicated parking spaces and on-site laundry, the property supports tenant retention while providing significant potential to increase cash flow. Assumable loan and seller financed second add to the potential for a Buyer to stabilize and refinance upon completion.
Highly accessible to downtown San Diego, Mission Valley, and key employment and lifestyle destinations, the area attracts a large and affluent renter base. Situated in the heart of North Park, the property is surrounded by one of San Diego’s most established urban neighborhoods. Residents benefit from immediate access to Balboa Park, Downtown, and major employment corridors, as well as a wide array of dining, breweries, boutique retail, and cultural venues. North Park’s combination of connectivity, amenities, and historic character continues to distinguish it as one of the city’s most desirable residential communities.
Limited multifamily supply and strong demand for quality rental housing position 3245–57 Bramson Place for both near-term revenue growth and long-term appreciation, making it a compelling investment opportunity in one of San Diego’s most desirable urban communities.