4333 Utah St 6 Unit Apartment Building $2,200,000 ($366,667/Unit) 3.85% Cap Rate San Diego, CA 92104

We are pleased to exclusively present 4333 Utah Street, a rare six unit apartment building in the coveted North Park neighborhood of San Diego, CA. Built in 1945, this bungalow style community features six similar 1-bedroom /1-bath units that have been meticulously maintained by current ownership. Units are about 510 square feet
on average with original to partially updated interiors. Units include refurbished original hardwood flooring, custom tile in the kitchens and bathrooms, custom built-ins, front and rear entry to units, mix of white and stainless appliance packages. A few storage rooms lie under the stairs/balcony of the rear structure. There are five separate
single car garages at the rear of the building that could be converted to ADUs easily with access to power and plumbing from the laundry room on the other side of the garages. An astute investor may rehabilitate units to highest end finishes, convert garages to ADUs and maximize property income.