Investment Overview

Marcus & Millichap pleased to present 4221–27 Kansas Street is an 8-unit multifamily property located in the heart of North Park, one of San Diego’s most sought-after rental submarkets. Built in 1956, the property consists of eight (8) 2-bedroom / 1-bath units totaling 6,736 square feet, offering a highly desirable and consistent unit mix that supports strong tenant demand. The property includes five (5) off-street parking spaces and features on-site laundry, both valuable amenities in this urban setting. All units are in good overall condition, with several units having been fully renovated in recent years, while others have been well maintained and offer future upside through continued interior improvements. This creates a balanced opportunity for stable in-place cash flow with additional value-add potential. Situated in the core of North Park, the property benefits from immediate access to the neighborhood’s restaurants, cafes, breweries, retail, and nightlife, with easy walkability to University Avenue and surrounding amenities. The location also offers excellent connectivity, with quick access to Interstate 805 and Interstate 15, providing efficient commutes to Downtown San Diego, Mission Valley, and major employment centers. This prime North Park location, combined with the property’s unit mix and amenities, positions 4221–27 Kansas Street as a compelling long-term multifamily investment.