4119 Arizona St, North Park, CA 92104

$2,700,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,700,000
Status
ACTIVE
MLS#
260024052SD
Lot Size
7,004
Acres
0.16
Days on Market
0
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

Pleased to present 4119 Arizona St, an 8-unit, 5,776-square-foot multifamily community located in the desirable neighborhood of North Park, San Diego, and boasts a walk score of 93. Originally constructed in 1984, the property has been extensively renovated and has been well maintained. The offering is priced at $2,700,000 at a 5.42% cap rate. The building consists of eight units across an efficient mix of three 2-bedroom / 2-bathroom units (approximately 1000 SF), four 1-bedroom / 1-bathroom units (averaging 550 SF), and a studio (approx. 350 SF). Additionally, there are 9 off-street parking spaces, AC in all units, and a common laundry facility. This straightforward, highly usable layout caters to a broad urban tenant base and remains consistently attractive to renters in the submarket.

Additional Information

Cooling
Yes
Attached Structure
Detached
Number Of Units Total
8
Gross Scheduled Income
$222,624
Operating Expense
73633

Listing courtesy of Listing Agent: Raymond Choi (rchoi@marcusmillichap.com) from Listing Office: Marcus & Millichap.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.