Multifamily
4333 Florida Street
4333 Florida St, San Diego, CA 92104
Listing Price: $1,485,000
Investment Overview
Marcus & Millichap is pleased to present 4333 Florida Street located in San
Diego, California. The property sits in the highly desirable neighborhood of
University Heights, which continues to be one of the most in-demand rental
markets in uptown San Diego. Built in 1953, the 2-unit complex boasts a
Walk Score of 95 and totals approximately 1,661 rentable square feet. The
lot size is approximately 5,622 square feet and is situated in Complete
Communities Tier 3 (6.5 FAR), offering future redevelopment potential.
Both units are standalone cottages with no shared walls and ample yard space.
The front unit is a 2-bedroom/1-bath cottage, and the back unit is a spacious
3-bedroom/1-bath cottage. Both units have been recently remodeled with
new vinyl plank flooring, hardware, recessed lighting, and updated kitchens
and bathrooms. The exteriors have also been extensively improved with new
doors, dual-pane vinyl windows, siding, and paint. The units are ready to rent but
could be further upgraded by adding in-unit washer/dryers and air conditioning.
Attractive tenant offerings include ample yard and patio space for each unit
and three detached single-car garages, which also have the potential for
an ADU conversion. Both units will be delivered vacant, making this an ideal
opportunity for investors, owner-users, and developers with ample possibilities.
Located only two blocks from Park Boulevard, the property is within walking
distance of all the best of University Heights. The 8 and 163 freeways are
also nearby, providing easy access for tenants. 4333 Florida Street ultimately
presents the rare opportunity to acquire a recently updated asset with further
upside and redevelopment potential.
Investment Highlights
- Prime University Heights Location
- Desirable Detached Cottage Style Units
- Various Recent Capital Improvements
Exclusively Listed By
Financing By
Listing Price: $1,485,000
Investment Highlights
- Prime University Heights Location
- Desirable Detached Cottage Style Units
- Various Recent Capital Improvements
Investment Overview
Marcus & Millichap is pleased to present 4333 Florida Street located in San Diego, California. The property sits in the highly desirable neighborhood of University Heights, which continues to be one of the most in-demand rental markets in uptown San Diego. Built in 1953, the 2-unit complex boasts a Walk Score of 95 and totals approximately 1,661 rentable square feet. The lot size is approximately 5,622 square feet and is situated in Complete Communities Tier 3 (6.5 FAR), offering future redevelopment potential. Both units are standalone cottages with no shared walls and ample yard space. The front unit is a 2-bedroom/1-bath cottage, and the back unit is a spacious 3-bedroom/1-bath cottage. Both units have been recently remodeled with new vinyl plank flooring, hardware, recessed lighting, and updated kitchens and bathrooms. The exteriors have also been extensively improved with new doors, dual-pane vinyl windows, siding, and paint. The units are ready to rent but could be further upgraded by adding in-unit washer/dryers and air conditioning. Attractive tenant offerings include ample yard and patio space for each unit and three detached single-car garages, which also have the potential for an ADU conversion. Both units will be delivered vacant, making this an ideal opportunity for investors, owner-users, and developers with ample possibilities. Located only two blocks from Park Boulevard, the property is within walking distance of all the best of University Heights. The 8 and 163 freeways are also nearby, providing easy access for tenants. 4333 Florida Street ultimately presents the rare opportunity to acquire a recently updated asset with further upside and redevelopment potential.
Exclusively Listed By
Financing By

