Investment Overview

Marcus & Millichap is pleased to present 4629-35 Alabama Street, an 8-unit multifamily property located in the heart of University Heights, one of San Diego’s most sought-after rental neighborhoods. The property features a desirable unit mix consisting of two (2) one-bedroom/one-bathroom units, five (5) two-bedroom/one-bathroom units, and one (1) five-bedroom/three-bathroom unit. This balanced configuration appeals to a wide range of renters, from young professionals to families, offering flexibility and strong leasing potential. University Heights is a vibrant, centrally located community known for its walkability, eclectic dining options, and proximity to major employment centers. Its unique blend of historic charm and modern amenities makes it a magnet for long-term residents and new arrivals alike. The neighborhood’s connectivity to Mission Valley, Hillcrest, and Downtown San Diego via major freeways and transit corridors further enhances its appeal to renters seeking convenience and lifestyle. 4629-35 Alabama Street presents a compelling opportunity for investors to acquire a well-maintained asset in a high-demand market. With strategic renovations and management, there is significant potential to enhance value and achieve competitive rental rates.