4615 Utah St

03-10-2022
05-09-2022

4615 Utah St, San Diego, CA 92116

  • 9 units - six (6) one bed/one Bath units and three (3) two bed/one bath units
  • Approx. $425 average per unit rental upside
  • Walker’s Paradise - Two blocks from local bars, restaurants and caffes at 30th St. & Adams Ave
  • Extensive Luxury renovations completed on six of the nine units
  • In-unit washer/dryers in renovated units

Property Description

The Utah St Apartments at 4615 Utah Street in San Diego is a 9-unit apartment complex located in North Park, one of San Diego’s most desirable rental submarkets. Built in approximately 1970 and extensively renovated in 2021, the property contains an ideal unit mix of six (6) One Bedroom / One Bath units and three (3) Two Bedroom / One Bath units. Six of the nine units have full renovations. Amenities at the property include on-site parking and in-unit washer/dryers in renovated units.
The upscale walkable north park location near Adams Ave provides residents with immediate access to great dining, breweries, cafes, shopping and other entertainment options. In addition, Downtown San Diego and both the Mission Valley and Fashion Valley shopping/office parks are quickly accessible via the 805 and 163 freeways. The historic Balboa Park and San Diego Zoo are also located about one and a half miles south of the property.

Key Property Information

Listing Status
Available
Listing Type
Highest & best offer
Multifamily type
Garden Style
Price
$ 4,100,000
No. of Units
9
Cap Rate
3.43%
GRM / GIM
17.55
Year Built
1970
Year Renovated
2021
Building Size
6,255 Sq ft
Lot Size
6996 sq ft
No. of Stories
2
Opportunity Zone
No
Price per unit
$ 455,556
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32.761397, -117.132335

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