4674 Utah St Immeuble residentiel 10 lots 3 082 100 € (308 210 €/Lot) Taux de capitalisation 4,36 % San Diego, CA 92116

CBRE is pleased to exclusively present 4674 Utah Street, a ten-unit apartment building located in the heart of the highly desirable North Park neighborhood of San Diego, CA. Built in 1971, this well-maintained, gated property features a diverse unit mix consisting of three 2-bedroom/2-bath units (approximately 885 SF), one 2-bedroom/1-bath unit (approximately 848 SF), and six 1-bedroom/1-bath units (approximately 550 SF)—offering a thoughtful range of layouts that cater to a broad spectrum of renter preferences. The units feature hardwood flooring and tasteful renovations, providing residents with a comfortable and appealing living experience.
The property offers immediate income stability with the added potential for value enhancement through light interior and exterior upgrades. The building is smoke-free and cat-friendly with no pet fee, and includes 10 off-street parking spaces. With a Walk Score of 93, the property is ideally located just blocks from the vibrant intersections of 30th Street and Adams Avenue, offering residents easy access to North Park’s dining scene, craft tasting rooms, specialty coffee shops, boutique retailers, and the iconic Antique Row.
This offering presents investors with a rare opportunity to acquire a multifamily asset in a prime urban neighborhood with strong rent growth, high occupancy, and long-term upside through continued modernization and improved curb appeal.
Located just blocks from 30th & Adams Avenue in San Diego’s vibrant North Park neighborhood.
North Park boasts a prime location, proximate to downtown San Diego, Hillcrest and Balboa Park, offering residents easy access to a vibrant urban lifestyle and abundant recreational activities. Additionally, North Park’s strong rental market, fueled by its proximity to major employers, universities, and healthcare facilities, ensures consistent demand for housing, making it a reliable investment option. Moreover, the neighborhood’s diverse community and thriving cultural scene contribute
to its appeal, attracting a wide range of tenants seeking a dynamic urban experience. Finally, with ongoing revitalization
efforts and planned infrastructure improvements, North Park promises long-term appreciation potential, making it an attractive choice for savvy real estate investors seeking both stability and growth opportunities.