32.74973 -117.13598

3965-3971 Hamilton Street San Diego, CA 92104

277603956 32.74973 -117.13598 107 /listing/277603956-150013518/3965-3971-hamilton-street-san-diego-ca-92104 False 0 3100000.0 101 200038467 False
  • $3,100,000
  • Est payment $16641.47/mo

Property & Neighborhood Info

Courtesy Of Marcus & Millichap

Commercial in San Diego

We are pleased to present 3965-3971 Hamilton Street, a turnkey 10-unit community located in the North Park neighborhood of San Diego, California. The two-story property is situated on 0.16 acres and is comprised of one (1) studio and nine (9) one-bedroom/one-bathroom units totaling approximately 4,392 square feet. The subject property has a charming cottage-style layout for most units that is complimented with lush landscaping and tasteful common areas. The property was extensively remodeled inside and out in 2016 with new floors, tile showers and kitchen backsplash, doors, granite counter tops, cabinets, heating/air units, and stainless-steel appliances. Almost all of the windows and plumbing systems have been replaced over the last few years as well. The subject property is ideally located in the center of North Park, today's epicenter of rent growth in San Diego. Additionally, the property is approximately half a mile from Morley Field/Balboa Park which offers tennis courts, public pool, baseball fields, archery range, hiking trails, dog park, disk golf course, playground, and a speed track for bicyclist. Residents at the subject property enjoy immediate walking access to the many bars and restaurants on University Avenue and 30th Street. As such, the property boasts a walk score of 95 points, considered a "Walker’s Paradise. Lastly residents also enjoy easy access to Interstate 805 and Highway 163 via University Avenue. The subject property provides an investor with the rare opportunity to purchase a turnkey and stable investment with over 20% rental upside. The asset is well-positioned for a new owner to capture the high rate of rental growth that North Park has to offer. Offered free-and-clear of debt, allowing investors the opportunity to take advantage of today’s historically low interest rates.

Courtesy Of Marcus & Millichap

Main Features

  • Listing Status: Active
  • County: San Diego
  • Units: 10
  • MLS Number:200038467

Additional Features

  • Board:
    • San Diego Association of REALTORS (SDAR)
  • Limited Service:
    • N/A
  • Sale Rent:
    • For Sale
  • Variable Rate Commission:
    • No
  • List Agent BRE:
    • 01312183
  • List Office Board ID:
    • San Diego Association of REALTORS (SDAR)
  • Listing Type:
    • Exclusive Agency (A)
  • Tax ID:
    • 445-702-07-00
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Afton Miller
Afton Miller
Broker Associate
1455 Frazee Road, STE 110A STE 110A San Diego CA 92108
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32.74973 -117.13598

3965-3971 Hamilton Street San Diego, CA 92104

277603956 32.74973 -117.13598 107 /listing/277603956-150013518/3965-3971-hamilton-street-san-diego-ca-92104 False 0 3100000.0 101 200038467 False
  • $3,100,000
  • Est payment $16641.47/mo