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4045 33rd St
San Diego, CA 92104
Multifamily Property For Sale · 10 Units

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.24 AC
Building Size 9,312 SF
Average Occupancy 100%
No. Stories 2
Year Built 1969
Parking Ratio 1.07/1,000 SF
Zoning RM-1-1

About 4045 33RD ST , SAN DIEGO, CA 92104

Marcus and Millichap is pleased to present 4045 33rd Street, a 10-unit multifamily investment opportunity in North Park, one of San Diego’s trendiest neighborhoods known for its diversity in architectural styles, foodie approved eateries, and being close in proximity to Balboa Park. 4045 33rd Street is a two-story building property resting on a 10,432 square foot lot. Built in 1969, this property consists of a desirable mix of large (6) two bedroom / two baths, (2) two bedroom / one bath, and (2) one bedroom / one bath totaling about 9,312 rentable square feet. Tenants are offered off-street parking and on-site laundry which aids in additional income. Located in central North Park, the neighborhood’s popular restaurants, shops, and entertainment are all within walking distance from the property. The neighborhood is being rapidly gentrified with new developments and renovated buildings. With the current rents significantly below market, this multifamily complex has tremendous rental upside. This property is an ideal value-add investment opportunity for a new owner to increase rents in the up-and-coming neighborhood of North Park, San Diego.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 6 $1,291 920
2+1 2 $1,108 960
1+1 2 $1,113 700

Property Taxes

Property Taxes

Parcel Number
447-383-24
Land Assessment
$1,038,961
Improvements Assessment
$1,552,976
Total Assessment
$2,591,937
  • Listing ID: 13122964

  • Date on Market: 7/10/2018

  • Last Updated:

  • Address: 4045 33rd St, San Diego, CA 92104

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