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Executive Summary
Exceptional North Park multifamily investment opportunity in one of San Diego’s most sought-after rental markets. Located in the heart of North Park, 4346 Texas Street features eight residential units on a well-positioned lot just steps from the neighborhood’s vibrant collection of restaurants, coffee shops, breweries, and local retailers. Residents enjoy the highly walkable location, with convenient access to North Park, University Heights, Hillcrest, Balboa Park, downtown San Diego, and major transportation corridors. The property's central location continues to attract a strong tenant base drawn to the area's unique blend of urban convenience and neighborhood charm. Whether you're an experienced multifamily investor or looking to expand your portfolio in one of San Diego's strongest rental submarkets, 4346 Texas Street presents a compelling opportunity to acquire an eight-unit asset with existing income, value-add potential, and long-term growth prospects in a premier infill location. The property offers immediate upside potential for investors seeking to increase income through lease-up strategies and rental optimization with the rare opportunity to unlock additional cash flow from day one.
Property Facts
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 7 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 445-341-39 | Improvements Assessment | $988,380 |
| Land Assessment | $3,017,160 | Total Assessment | $4,005,540 |
Property Taxes
Parcel Number
445-341-39
Land Assessment
$3,017,160
Improvements Assessment
$988,380
Total Assessment
$4,005,540
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4346 Texas St
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