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4333 Utah St 6 Unit Apartment Building £1,645,666 (£274,278/Unit) 3.85% Net Initial Yield San Diego, CA 92104

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INVESTMENT HIGHLIGHTS

  • Rarely Trading Central North Park Neighborhood In San Diego
  • Room To Build Additional ADUs; Five Single Car Garages Currently Rented MTM
  • Bungalow-Style Apartment Community With All 1-Bedroom
  • Owner Will Consider Seller Financing Option; See Agent for Details
  • Value-Add Apartment Community With Strong Bones & Rental Upside

EXECUTIVE SUMMARY

We are pleased to exclusively present 4333 Utah Street, a rare six unit apartment building in the coveted North Park neighborhood of San Diego, CA. Built in 1945, this bungalow style community features six similar 1-bedroom /1-bath units that have been meticulously maintained by current ownership. Units are about 510 square feet
on average with original to partially updated interiors. Units include refurbished original hardwood flooring, custom tile in the kitchens and bathrooms, custom built-ins, front and rear entry to units, mix of white and stainless appliance packages. A few storage rooms lie under the stairs/balcony of the rear structure. There are five separate
single car garages at the rear of the building that could be converted to ADUs easily with access to power and plumbing from the laundry room on the other side of the garages. An astute investor may rehabilitate units to highest end finishes, convert garages to ADUs and maximize property income.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER sq ft
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per sq ft $9.99
Other Income
Annual $99,999
Annual Per sq ft $9.99
Vacancy Loss
Annual $99,999
Annual Per sq ft $9.99
Effective Gross Income
Annual $99,999
Annual Per sq ft $9.99
Taxes
Annual -
Annual Per sq ft -
Operating Expenses
Annual -
Annual Per sq ft -
Total Expenses
Annual $99,999
Annual Per sq ft $9.99
Net Operating Income
Annual $99,999
Annual Per sq ft $9.99

PROPERTY FACTS Under Offer

Price £1,645,666
Price Per Unit £274,278
Sale Type Investment
Yield 3.85%
Gross Rent Multiplier 16.75
No. Units 6
Property Type Build-to-Rent
Property Subtype Apartment
Apartment Style Low-Rise
Costar Property Class C
Total Plot Size 0.16 ac
Property Size 3,048 sq ft
Average Occupancy 100%
No. Floors 1
Year Built 1945
Parking Allocation 1.64/1,000 sq ft
Use Class MR800B, San Diego - Multi-Family

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Storage Space
  • Ceiling Fans
  • Kitchen
  • Wooden Floors
  • Refrigerator
  • Oven
  • Range
  • Dining Room
  • Garden
  • Vinyl Flooring

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT PCM sq ft
1+1 6 £1,364 508
Walk Score®
Excellent pedestrian access (98)
Bike Score®
Good for cycling (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
446-161-10
Land Assessment
£468,014 (2025)
Improvements Assessment
£300,650 (2025)
Total Assessment
£768,664 (2025)
  • Listing ID: 35285279

  • Date on Market: 27/03/2025

  • Last Updated:

  • Address: 4333 Utah St, San Diego, CA 92104

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