$1,999,000

Estimated payment $11,454/month

Total Views 7,386
5 Beds
4 Baths
2,405 Sq Ft
$831 Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • McKinley Elementary School Rated A
  • Partially Fenced Property

About This Home

Welcome to 3322-28 Nile St, a stunning 4-unit multifamily property nestled in the heart of North Park. This property features two detached buildings that offer a blend of traditional charm and modern convenience. The front building houses two fully renovated 1BD/1BA units, showcasing updated kitchens and bathrooms along with the timeless appeal of original hardwood floors. The back building is a BRAND NEW CONSTRUCTION three-story marvel just completed in 2025. It includes two ADUs, with the lower floor featuring a contemporary 1BD/1BA unit. The upper levels boast a sun-soaked two-story, 2BD/1BA unit with a bonus loft space, offering sweeping views of North Park from the top floor—truly the jewel of this modern property. Tenants can enjoy modern amenities such as in-unit washers/dryers, A/C and a shared outdoor common area. Tenants can enjoy energy savings with brand new OWNED SOLAR. Located in one of San Diego's highest rental demand neighborhoods in Altadena North Park, this property is a prime investment opportunity. It offers a completely turn-key experience with two brand new constructed units and two extensively renovated units, each requiring low maintenance for years to come. Perfect for investors seeking a highly rentable property in a rapidly appreciating area. Walkable to everything North Park has to offer. Local favorites such as Underbelly, Modern Times, The Taco Stand, and Baron's Grocery store are just a 15-minute walk away. Don't miss out on this exceptional investment in one of San Diego's most vibrant neighborhoods.

Listing Agent

Sherry Chen

Compass License #02109149 Listed on: 11/14/2025

Compass

Co-Listing Agent

Patrick Kappel

Compass License #02017034

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2025

Lot Details

  • 3,257 Sq Ft Lot
  • Partially Fenced Property

Parking

  • Alley Access

Home Design

  • 2,405 Sq Ft Home
  • Composition Roof
  • Stucco

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gravity Heating System

Additional Features

  • 5 Bedrooms
  • Sprinkler System

Community Details

  • 2 Buildings
  • 4 Units
  • North Park Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2025
  • Unit Levels: Other/Remarks
  • Property Sub Type: Res Income 2-4 Units
  • Security Features: N/K
  • Co List Office Mls Id: 991248
  • Co List Office Mls Id: 991248
  • Subdivision Name: NORTH PARK
  • BuildingName: N/A
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-12-21T01:27:02Z
  • AgeRestrictions: N/K
  • FullAddress: 3322-28 Nile St
  • ShortSale: No
  • Site: Alley Access, Public Street, Sidewalks
  • Special Features: 4098

Interior Features

  • Total Bedrooms: 5

Exterior Features

  • Fencing: Partial
  • Roof: Composition
  • Construction Type: Stucco

Utilities

  • Cooling: Central Forced Air
  • Heating: Forced Air Unit, Wall/Gravity
  • Utilities: Sewer Connected
  • Water Source: Meter on Property
  • HeatSource: Electric, Natural Gas

Lot Info

  • Lot Size Sq Ft: 3257.0

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 4

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,388 $939,168 $742,845 $196,323
2024 $11,388 $920,754 $728,280 $192,474
2023 $11,136 $902,700 $714,000 $188,700
2022 $10,838 $885,000 $700,000 $185,000
2021 $1,463 $113,015 $54,214 $58,801
2020 $1,446 $111,858 $53,659 $58,199
2019 $1,420 $109,665 $52,607 $57,058
2018 $1,331 $107,516 $51,576 $55,940
2017 $80 $105,409 $50,565 $54,844
2016 $1,277 $103,343 $49,574 $53,769
2015 $1,258 $101,792 $48,830 $52,962
2014 $1,239 $99,799 $47,874 $51,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2025 12/08/25 For Sale $1,999,000 0.0% $831 / Sq Ft
11/30/2025 11/30/25 Off Market $1,999,000 -- --
11/24/2025 11/24/25 Off Market $1,999,000 -- --
11/21/2025 11/21/25 For Sale $1,999,000 0.0% $831 / Sq Ft
11/14/2025 11/14/25 For Sale $1,999,000 -- $831 / Sq Ft
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $885,000 Fidelity Natl Ttl San Diego
Source: Public Records

Source: San Diego MLS

MLS Number: 250044041

San Diego MLS

APN: 453-761-17