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4018 Hamilton St
San Diego, CA 92104 North Park

$2,395,000 USD

Apartments For Sale  •  4,234 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,234 SF
  • Lot Size 0.16 AC
  • Building Class C
  • Year Built 1930
  • Cap Rate 3.66 %
  • Zoning RM-3-7
56 Transit Score
94 Walk Score

Highlights

Prime North Park Location Priced Under $300k/unit
8-Unit Property w/ Cottage Style Feel (4 Buildings)
Huge Value-Add Opportunity: 75% Upside in Rental Income (7.97% Proforma CAP)
Seven (7) 1Bed/1Bath Units + One (1) 2Bed/1Bath Unit
Zoned RM-3-7 | Complete Communities Tier 3: 6.5 FAR
A Short Walk to Shops, Restaurants, and Local Services (94 WalkScore)

Financial Summary (Actual)

Net Operating Income: $87,608 USD (2024)
Cap Rate: 3.66 %
Total Expenses: $57,357 USD

Amenities

  • Dishwasher
  • Laundry Facilities

Public Transportation

Commuter RailDriveWalkDistance
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 10 min - 4.8 mi
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 9 min - 5.0 mi
AirportDriveWalkDistance
San Diego International 9 min - 3.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1
Type: OneCarGarage
Included in Rent: Yes
Angelo La Bruna 858-247-1095 Apartment Realty Group (ARG)
Angelo La Bruna 858-247-1095 Apartment Realty Group (ARG)