Share This Listing

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Highly Walkable Prime North Park Location Near Numerous Attractions
  • Plentiful Parking with 10 Surface Spaces
  • Luxury Renovated Units
  • $200 Average Per Unit Rental Upside Potential
  • Full Electrical Upgrade in 2025 (Main Panel, Subpanels & Wiring)
  • Secure Gated Courtyard and BBQ Area

Executive Summary

CBRE is pleased to present 4534 30th St, a fully renovated 10-unit apartment building in the heart of San Diego’s coveted North Park neighborhood.
The building was fully renovated in 2019 and has since received various improvements. The unit mix consists of eight (8) one-bedroom units and two (2) two bedroom/ one bath units. Each unit features modern finishes including fully renovated kitchens and bathrooms along with new flooring and fixtures. Property amenities include 10 surface parking spaces for residents along with a secure gated courtyard that features a BBQ and lounge area. An on-site laundry room is also available to residents.
Recent significant upgrades include a full electrical upgrade in 2025 which included a 400amp main panel, all new sub-panels and interior and exterior wiring at a cost of $35,000. Other improvements include new exterior paint in 2024 and new laundry machines in 2023.
With a Walk Score of 95, the property is ideally situated in the upscale part of North Park on 30th Street. The nearby Adams & 30th intersection just one block to the north is home to nationally recognized dining establishments in addition to other leading bars and restaurants. North Park has been recognized nationally multiple times, recently being rated among the top “Up and Coming” neighborhoods in the U.S by US Travel Mag.

Property Facts

Price $3,800,000
Price Per Unit $380,000
Sale Type Investment
Cap Rate 4.41%
Gross Rent Multiplier 14.24
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 5,824 SF
No. Stories 2
Year Built/Renovated 1957/2019
Parking Ratio 1.35/1,000 SF
Zoning C

Amenities

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Grill
  • Lounge
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - 545
2+1 2 - 732
Very walkable
80/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
446-033-23
Land Assessment
$2,329,464
Improvements Assessment
$1,640,468
Total Assessment
$3,969,932
  • Listing ID: 39843593

  • Date on Market: 3/20/2026

  • Last Updated:

  • Address: 4534 30th St, San Diego, CA 92116

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}