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4333 Utah St

San Diego, CA 92104
  • $2,200,000
  • STATUS: ACTIVE
  • ON SITE: 89 Days
  • ID#: 250023884
UPDATED: 42 min ago
$2,200,000
  • 1
    BEDS
  • 0.16
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

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.

Monthly Payment Calculator

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/162403685
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4333 Utah St San Diego, CA 92104

  • Price: $2,200,000
  • Status: ACTIVE
  • On Site: 89 Days
  • Updated: 42 min ago
  • ID#: 250023884
1
Beds
1
Baths
0
½ Baths
0.16
Acres
Neighborhood:
North Park (92104)
County:
San Diego
Area:
North Park (92104)
Property Description
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.
Exterior Features

Carports 0 Construction Stucco Exterior Fully LandscapedWood Fence Parking Garages Parking Spaces Total 5 Roof Composition Units With Garages 5

Interior Features

Cooling Wall/Window Floor Coverings Hardwood Heating Wall Laundry Owned Sq Ft Of Improvement 3048 Stories 2 Story Unit Furnished1 No Units With Dishwashers 6 Units With Disposals 6 Units With Drapes 6 Units With Ranges 6 Units With Refrigerators 6

Property Features

1st Loan Balance 1125000 Actual Cap Rate 3.85 Actual Gross Operating Income 138860 Actual Gross Scheduled Income 131340.0 Actual Operating Expense 54160 Actual Vacancy And Credit Loss 3940 Assumable Finance 0 Buildings 2 Financial Information Source Owner Fiscal Year From 24 Fiscal Year To 25 Gross Equity 2200000 Gross Multiplier 16.75 Have 6 units Leased Apartments 6 Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 10944 Motive Want cash out Other Income Actual 11460 Other Income Amount 11460 Other Income Source park/laund Short Sale No Sq Ft Source Tax Record Tenant Pays Electric y Tenant Pays Gas y Tenant Pays Water n Unit Number1 6 Unit Rent Total1 10944 Unit Rent1 1824

San Diego MLS logo Listing provided courtesy of Conor Brennan of Marcus & Millichap: 720-841-8139. 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