3344 32nd St

San Diego, CA 92104

$2,100,000

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Property Description

We are pleased to present 3344-3348.5 32nd Street, a 1950 built 5-unit apartment complex in the highly desirable neighborhood of North Park. The building sits on a 6,248 square foot lot and has approximately 3,724 rentable square feet. The property is comprised of two buildings. The front house is a 2 bedroom / 1 bath unit with an optional third bedroom. The fourplex in the back consists of all 2 bedroom / 1 bath units. Attractive tenant offerings include: on-site laundry and (5) off-street tandem parking spaces, stellar walkability with the likes of Thorn Street Brewing, Grand Ole BBQ, and Santos Coffee with one block. There is considerate upward potential in income. Rents are below market and utilities are currently being paid by the owner. Raise rents and implement RUBs for immediate additional cash flow. A little love on the exterior will go a long way with this property. We are pleased to present 3344-3348.5 32nd Street, a 1950 built 5-unit apartment complex in the highly desirable neighborhood of North Park. The building sits on a 6,248 square foot lot and has approximately 3,724 rentable square feet. The property is comprised of two buildings. The front house is a 2 bedroom / 1 bath unit with an optional third bedroom. The fourplex in the back consists of all 2 bedroom / 1 bath units. Attractive tenant offerings include: on-site laundry and (5) off-street tandem parking spaces, stellar walkability with the likes of Thorn Street Brewing, Grand Ole BBQ, and Santos Coffee with one block. There is considerate upward potential in income. Rents are below market and utilities are currently being paid by the owner. Raise rents and implement RUBs for immediate additional cash flow. A little love on the exterior will go a long way with this property.

Interior Features

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Listing Information

Address 3344 32nd St
City San Diego
State CA
Zip 92104
County San Diego
Listing Agent Peter Giacalone DRE#01924397
Co-Listing Agent Katy Sullivan DRE#01925534
Courtesy Of ENG Properties
MLS 240012784SD
List Price $2,100,000
Status Active
Type Commercial
Subtype Commercial/Residential
Structure Size N/A
Lot Size N/A
DOM 1

Exterior Information

Maps

Listing information courtesy of: Peter Giacalone, Katy Sullivan, ENG Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 6th, 2024 at 5:17 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.