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Glen Henderson

[email protected] +1(619) 889-7646

$2,485,000

Est. payment - /mo

12 Beds

12 Baths

5,590 SqFt

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Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 5,590 sqft

Price per Sqft $444

MLS Listing ID 260017952

Bedrooms 12

Full Baths 12

Property Sub-Type Com-Res Income

Property Type Com-Res Income

Property Description

4177 Illinois Street, an 8-unit multifamily property located in the heart of North Park, one of San Diego's most desirable rental markets. The property features a balanced unit mix of four 1-bedroom/1-bathroom units and four 2-bedroom/2-bathroom units, along with eight off-street parking spaces. Recent capital improvements include a new roof installed in 2023, upgraded landscaping, and an expanded on-site laundry facility with new commercial-grade WASH-operated machines. The property also benefits from a RUBS program implemented on 7 of the 8 units, generating additional income with the opportunity for further expansion. With strong in-place cash flow, supplemental income sources, and a highly sought-after North Park location, 4177 Illinois Street presents investors with an attractive combination of stability and long-term upside potential.

Location

State CA

County San Diego

Area Metro Uptown

Interior

Fireplace No

Exterior

Parking Features Spaces

View Y/N No

Total Parking Spaces 8

Building

Story 2

Others

Senior Community No

Tax ID 446-322-04-00

Virtual Tour https://www.propertypanorama.com/instaview/snd/260017952

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Listed by Thomas McCartin, DRE#01427348 Marcus & Millichap

Nearby School & Business

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

4177 Illinois St San Diego, CA 92104

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information