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4218-4228 34th Street

San Diego, CA 92104
  • $2,280,000
  • STATUS: ACTIVE
  • ON SITE: 48 Days
  • ID#: 250028295
UPDATED: 50 min ago
$2,280,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Pleased to present a fully stabilized 5+1 unit apartment complex situated near North Park and Cherokee Point. Built in 1945 and renovated in 2024, this property is situated on a 6,254 SF lot and offers approximately 3,791 rentable SF. Located at 4218-4228 34TH St, this complex is comprised of (5) two bedroom/one-bathroom units and (1) non-conforming studio unit. The building has amenities such as off-street parking, on-site laundry, and a secure gated entry. Each residence boasts modern upgrades such as stainless steel appliances, renovated bathrooms, and contemporary fixtures. Situated between the 805 and 15 freeways, residents will have fast access to all that San Diego has to offer, plus the trendy dining, shopping, and nightlife of North Park and Normal Heights just blocks away. This mid-city neighborhood is on the rise offering the perfect blend of urban convenience and laid-back charm. Known for its vintage shops, craft beers, coffee houses, and trendy eateries, it’s a place where you can easily walk to all the neighborhood’s attractions.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.mercergrouprealestate.com/homes/164133660
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4218-4228 34th Street San Diego, CA 92104

  • Price: $2,280,000
  • Status: ACTIVE
  • On Site: 48 Days
  • Updated: 50 min ago
  • ID#: 250028295
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
North Park (92104)
County:
San Diego
Area:
North Park (92104)
Property Description
Pleased to present a fully stabilized 5+1 unit apartment complex situated near North Park and Cherokee Point. Built in 1945 and renovated in 2024, this property is situated on a 6,254 SF lot and offers approximately 3,791 rentable SF. Located at 4218-4228 34TH St, this complex is comprised of (5) two bedroom/one-bathroom units and (1) non-conforming studio unit. The building has amenities such as off-street parking, on-site laundry, and a secure gated entry. Each residence boasts modern upgrades such as stainless steel appliances, renovated bathrooms, and contemporary fixtures. Situated between the 805 and 15 freeways, residents will have fast access to all that San Diego has to offer, plus the trendy dining, shopping, and nightlife of North Park and Normal Heights just blocks away. This mid-city neighborhood is on the rise offering the perfect blend of urban convenience and laid-back charm. Known for its vintage shops, craft beers, coffee houses, and trendy eateries, it’s a place where you can easily walk to all the neighborhood’s attractions.
Interior Features

Sq Ft Of Improvement 3791

Property Features

Actual Cap Rate 5.5 Actual Gross Scheduled Income 161940.0 Actual Operating Expense 58438 Assumable Finance 0 Buildings 2 Gross Equity 2280000 Gross Multiplier 13.99 Have 5 + 1 Units Mandatory Remarks None Known Market Area Metro Uptown Motive Want Sell Projected Cap Rate 5.87 Projected Gross Multiplier 13.32 Projected Gross Scheduled Inc 170004 Projected Operating Expense 58972

San Diego MLS logo Listing provided courtesy of Carson Trujillo of Whitewater CRE Inc: 859-433-8741. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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Mercer Group | Keller Williams La Jolla
4071 Adams Avenue
San Diego CA, 92116