4640 Kansas Street Pending

San Diego,CA 92116

$ 2850000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 240015822SD

HOA Y/N No

Property Description

We are pleased to present 4640 Kansas Street located in San Diego, California. Built in 1960, the 8-unit apartment complex is located in the highly desirable neighborhood of North Park and boasts a Walk Score of 94. The property sits on a 7,005 square foot lot and has approximately 5,400 rentable square feet. The unit mix consists of (4) two-bedroom / one-bathroom units and (4) one-bedroom / one-bathroom units. The units have been well-maintained over the years, having received basic upgrades including dual pane vinyl windows on all units. Attractive tenant offerings include: gated access, on-site laundry, and (11) off-street parking spaces. Each of the ground level units have their own private patio enclosures. Through a substantial, modern renovation an investor could dramatically increase cash flow by bringing rents up to market levels. Located less than a block from Adams Avenue and one block from 30th Street, the property is within walking distance to all the best attractions North Park and Normal Heights has to offer. There is also easy access to the 805 freeway within a few blocks. 4640 Kansas Street ultimately presents investors the rare opportunity to acquire a well maintained, value-add asset with significant rental upside in one of San Diego’s most desirable rental markets. Please Contact Listing Agent For Offering Memorandum.

Location

State CA

County San Diego

Area 92116 - Normal Heights

Interior

Fireplace No

Others

Tax ID 4460231800

View More
Favorite Go Tour