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4149-4163 1/2 Hamilton St
San Diego, CA 92104
Hamilton Terrace · Multifamily Property For Sale · 16 Units

Property Facts

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.33 AC
Building Size 12,960 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1958/2020
Parking Ratio 1.23/1,000 SF
Zoning C

Amenities

Site Amenities

  • Courtyard
  • Laundry Facilities

About 4149-4163 1/2 HAMILTON ST , SAN DIEGO, CA 92104

** FOR ALL INQUIRIES OF INTEREST OR QUESTIONS, CONTACT FLORIAN SIGHE @ 619-701-6797 ext. 5 ** The Browar Group is honored to present for sale the Hamilton Terrace apartments. Perfectly located in the bustling San Diego submarket of North Park, this prime asset presents an incredible opportunity to capture roughly 31% of income upside through a strategic renovation program. The property boasts an enticing unit mix of mostly 2 bedroom units, parking for all and laundry on site. First time to market in 20 years, the asset has been professionally managed for the entire duration of ownership. A Walk Score of 94 confirms the ability for residents to live with a great sense of safety and community. The location is only minutes to some of San Diego’s best restaurants, a short 13 minute drive to downtown and only 15 minutes from the beach. Also available for sale by the same ownership is “Villa Louisa,” located at 4833 Kansas Street, San Diego 92116. Villa Louisa is a 20 unit property located exactly 1 mile north east, with similar value add appeal. In a market with a sustained shortage of inventory, even less for value add opportunities such as these, the properties will no doubt be considered one of the top purchase prospects for 2020.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $1,225 810
2+1 14 $1,563 810

Property Taxes

Property Taxes

Parcel Number
445-541-30
Land Assessment
$5,040,738
Improvements Assessment
$3,342,805
Total Assessment
$8,383,543
  • Listing ID: 18583621

  • Date on Market: 2/20/2020

  • Last Updated:

  • Address: 4149-4163 1/2 Hamilton St, San Diego, CA 92104

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