Kansas St. Apartments 4221-4227 Kansas St 8 Unit Apartment Building $3,080,000 ($385,000/Unit) 4.46% Cap Rate San Diego, CA 92104

The McCartin Group at Marcus & Millichap is pleased to present 4221–27 Kansas Street, a stabilized 8-unit multifamily investment located in the heart of North Park, one of San Diego’s most desirable and supply-constrained rental submarkets. Built in 1956, the property consists of eight (8) 2-bedroom / 1-bath units totaling 6,736 rentable square feet, offering a highly sought-after and consistent unit mix.
The property includes five (5) off-street parking spaces and on-site laundry, amenities that support strong tenant demand and retention. All units are in good overall condition, with several recently renovated, providing investors with stable in-place income and long-term rent growth potential.
Ideally located within close proximity to North Park’s restaurants, cafes, breweries, and retail, the property also benefits from convenient access to Interstate 805 and Interstate 15, allowing for efficient connectivity throughout San Diego. With its prime location, attractive unit mix, and durable cash flow, 4221–27 Kansas Street represents a compelling opportunity to acquire a core multifamily asset in one of the city’s strongest rental markets.