4-Unit Bungalow | Owner-User/Investment 3357 30th St 4 Unit Apartment Building $2,350,000 ($587,500/Unit) 3.68% Cap Rate San Diego, CA 92104

3357-3359 30th Street presents the opportunity to acquire a four-unit bungalow courtyard property positioned along the highly desirable South Park and North Park corridor in San Diego. Comprised of three buildings containing four residential units, the property offers a distinctive housing format that reflects the architectural character and neighborhood fabric that have made this area one of San Diego's most sought-after urban residential markets. The bungalow court design creates a community-oriented setting while maintaining the privacy and individuality associated with standalone residences.
Located directly on 30th Street, the property benefits from immediate access to a dense concentration of neighborhood-serving retail, dining, and entertainment destinations. Residents can walk to popular local establishments, while Balboa Park, Morley Field, Downtown San Diego, San Diego State University, Mission Valley, and San Diego International Airport remain easily accessible. The location is further supported by convenient connections to SR-94, Interstate 805, and Interstate 5, providing regional accessibility throughout San Diego County.
The offering consists of four residential units with existing in-place income and the potential for future rental growth. The property's courtyard configuration, historic character, and placement within a highly walkable neighborhood distinguish it from conventional apartment inventory. With a Walk Score of 93 and proximity to major employment, recreation, and lifestyle amenities, the asset is positioned to appeal to tenants seeking an urban residential experience in one of San Diego's most established neighborhoods. The combination of architectural character, irreplaceable location, and multifamily fundamentals creates a compelling opportunity for investors seeking a well-located residential asset within a supply-constrained market.