4518 24 Kansas Street, San Diego, CA 92116

About this commercial property

We are pleased to present 4518-24 Kansas Street located in San Diego, California. Built in 1957, the 8-unit apartment complex is located in the highly desirable neighborhood of North Park. The property sits on a 6,996 square foot lot and has approximately 6,168 rentable square feet. The unit mix consists of (8) two-bedroom / one-bathroom units. The units have been fairly maintained but need some updating to maximize rental income. Potential w on-site laundry room that is not setup yet and 5 dedicated parking spots plus off-street parking spaces. Each of the ground level units have potential to have their own private patio enclosures. Through a substantial, modern renovation an investor could dramatically increase cash flow by bringing rents up to market levels. Located less than a block from Adams Avenue and one block from 30th Street, the property is within walking distance to all the best attractions North Park and Normal Heights has to offer. There is also easy access to the 805 freeway within a few blocks.

Listing description from the April 2025 sale, as reported to CRMLS.

Sale history

$2,350,000

Sold April 2025 · listed $2,400,000, on market January 2025 · MLS #PTP2502339 · Source: CRMLS

Listing Agent: Mike Aon · Listing Office: Realty Executives Dillon · Contact: Mike@theaongroup.com · Bought with: Mike Aon · Realty Executives Dillon

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