4261 St, San Diego, CA 92104

Property Description

The “33rd Street Cottages", a seven unit property located in the high demand rental market of North Park. Situated on three separate parcels totaling 9,369 square feet the property is comprised of a 3 Bedroom/1 Bath House, a 2 Bedroom/1 Bath House, Two 1 Bedroom/1 Bath Houses (one of which has an office area), a 1 Bedroom/1 Bath Apartment, and Two Studio Apartments. The property includes an on-site laundry facility, one freestanding double garage, and private yards with the houses. The property has gone through many interior and exterior upgrades in the last 12 months. Select interior upgrades include new tile/laminate floors, granite counter tops, and stainless steel appliances. The subject property is ideal for the investor looking for a stable asset in one of San Diego’s most desirable rental markets. With continued upward pressure in rents one should expect solid returns for many years to come.