3344-3348.5 32nd St, San Diego, CA 92104

We are pleased to present 3344-3348.5 32nd Street, a 1950 built 5-unit apartment complex in the highly desirable neighborhood of North Park. The building sits on a 6,248 square foot lot and has approximately 3,724 rentable square feet. The property is comprised of two buildings. The front house is a 2 bedroom / 1 bath unit with an optional third bedroom. The fourplex in the back consists of all 2 bedroom / 1 bath units. Attractive tenant offerings include: on-site laundry and (5) off-street tandem parking spaces, stellar walkability with the likes of Thorn Street Brewing, Grand Ole BBQ, and Santos Coffee with one block. There is considerate upward potential in income. Rents are below market and utilities are currently being paid by the owner. Raise rents and implement RUBs for immediate additional cash flow. A little love on the exterior will go a long way with this property.