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Multifamily

4218-4224 34th Street

4218 34th St, San Diego, CA 92104

Listing Price: $2,350,000

Cap Rate
4.86%
Number of Units
5
GRM
10.95
Occupancy
97.0%
Price/Unit
$470,000

Investment Overview

The Trujillo Group at Marcus & Millichap is pleased to present a fully stabilized 5+1 unit apartment complex situated near North Park and Cherokee Point. Renovated in 1945, 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.

Investment Highlights

  • Desirable Unit Mix
  • Off Street Parking
  • On-Site Laundry
  • Secure Gated Entry
  • Stainless-Steel Appliances and Modern Finishes
  • Walking Distance to Dining, Shopping & Nightlife

Exclusively Listed By

Financing By

Multifamily

4218-4224 34th Street

Listing Price: $2,350,000

Cap Rate
4.86%
Number of Units
5
GRM
10.95
Occupancy
97.0%
Price/Unit
$470,000

Investment Highlights

  • Desirable Unit Mix
  • Off Street Parking
  • On-Site Laundry
  • Secure Gated Entry
  • Stainless-Steel Appliances and Modern Finishes
  • Walking Distance to Dining, Shopping & Nightlife

Investment Overview

The Trujillo Group at Marcus & Millichap is pleased to present a fully stabilized 5+1 unit apartment complex situated near North Park and Cherokee Point. Renovated in 1945, 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.

Exclusively Listed By

Financing By

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