$2,280,000

Estimated payment $14,380/month

Total Views 327
8 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Whitewater CRE is pleased to present a fully stabilized 5+1 unit apartment complex situated near North Park and Cherokee Point. Built in 1945 and renovated in 2024, this property is situated on a 6,254 SF lot and offers approximately 3,791 rent- able SF. Located at 4218-4228 34th Street, this asset is comprised of (5) two-bedroom/one-bathroom units and (1) non-conforming studio unit. The building has amenities such as off-street parking, on-site laundry, and a secure gated entry. Each residence boasts modern finishes such as stain-less-steel appliances, renovated bathrooms, and contemporary fixtures. The complex is also equipped with upgraded electrical systems, dual pane windows, and a pitched roof.

Last Listed By

Carson Trujillo

Whitewater CRE Inc License #01974818 Listed on: 05/28/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Home Design

  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 447-562-31

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Complex Community

Building Details

  • Net Operating Income $124,624

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: 34th & Orange
  • Neighborhood: City Heights
  • Stories: 2 Story
  • Total Stories: 2
  • Year Built: 1945
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco

Condo/Co-op/Association

  • Complex Name: complex
  • Community: CITY HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 447-562-31

Rental Info

  • Tenant Pays: Trash, Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 124624
  • Annual Expense Actual: 58438
  • Gross Rent Multiplier Actual: 13.99
  • Gross Sched Income Actual: 161940
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 1
  • Other Income Actual: 25980

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $2,280,000 -- --
Source: San Diego MLS

Similar Homes in San Diego, CA

  • 4321 33rd St, San Diego, CA 92104

    $2,200,000

    • 8 Beds
    • 8 Baths
    • 4,000 Sq Ft
    • 4321 33rd St
    • San Diego, CA

    NEW REDUCED PRICE | Seller Motivated | 5.81% Current Cap Rate | 6.45% Market Cap Rate. 4321 33rd Street, San Diego, CA 92104 is a newly built (2022) 5 unit apartment property located in the trendy Normal Heights area of mid-city San Diego with walking distance to Adams Avenue’s bustling restaurant and brewery scene and just a short drive to North Park, University Heights, South Park, Hillcrest

    Corey McHenry David Santistevan

    Section Image
  • 4530 38th St, San Diego, CA 92116

    $2,300,000

    • 8 Beds
    • 4 Baths
    • 3,200 Sq Ft
    • 4530 38th St
    • San Diego, CA

    Four (4) unit apartment property • Prime Normal Heights Location (2 Blocks South of Adams Ave) • All 2-Bdrm/1Bath Units (Spacious Floor Plans, ~800SF) • Ample Parking: Four (4) Tandem Parking Spaces • All Units Have Been Remodeled (Stainless Appliances, Quartz Counters, Flooring, Washer/Dryer, New Roof, Windows, etc) • Mini Split HVAC • In-Unit Laundry • Strong In-Place Rents w/ Vetted Tenants •

    James V. Carter Apartment Realty Group (ARG)

    Section Image
  • 4153-55 Utah St, San Diego, CA 92104

    $2,599,000

    • 8 Beds
    • 7 Baths
    • 3,217 Sq Ft
    • 4153-55 Utah St
    • San Diego, CA

    Rare Opportunity to own a newer apartment building finished in 2020 in one of San Diego's most prestigious neighborhoods. This property generates great cash flow at $13,065 per month and gives the new owner the opportunity to take advantage of a newly constructed apartment complex with paid off solar. Utah St has plenty of onsite parking both in front and on alley as well as in unit washer and

    Lionel Correia LPT Realty, Inc.

    Section Image
  • 4668 39th St, San Diego, CA 92116

    $1,875,000

    • 7 Beds
    • 7 Baths
    • 4668 39th St
    • San Diego, CA

    EXCEPTIONAL INVESTMENT OPPORTUNITY IN THIS 1985-BUILT PROPERTY The property is situated at the coveted northeastern border of Normal Heights and Kensington. Featuring an attractive unit mix predominately consisting of two-bedroom apartments, this property includes four single-car garges with potential for ADU conversion. The standout feature is the property's prime location directly adjacent to

    Kevin Hemstreet South Coast Commercial, Inc.

    Section Image
  • 4671-73 Terrace Dr, San Diego, CA 92116

    $2,099,999

    • 6 Beds
    • 4 Baths
    • 2,530 Sq Ft
    • 4671-73 Terrace Dr
    • San Diego, CA

    Renovated 3-Unit Property in Prime Kensington Location! Incredible investment opportunity in the highly sought-after Kensington neighborhood of San Diego! This renovated 3-unit property sits just off Adams Avenue, offering unparalleled walkability to top-rated restaurants, boutique shopping, and scenic parks. The front home is a spacious 4-bed, 2-bath single-family residence, move-in ready.

    Eric Meeler Real Broker

    Section Image
  • 3583 Utah St, San Diego, CA 92104

    $2,199,000

    • 6 Beds
    • 4 Baths
    • 2,065 Sq Ft
    • 3583 Utah St
    • San Diego, CA

    3583 and 3583 1/2 Utah Street is situated in the center of North Park on one of the quietest streets. This craftsman home was originally built in 1915. It was then fully gutted and remodeled in 2022 keeping in time with vintage sourced hardware, windows, and lighting, but upgrading all systems to present day. The front home features 4 bedrooms, 2 baths, and an unfinished 405 sq. ft. loft, a side

    Laura Alexon Heritage Re David Waitley Co B

    Section Image
  • 3652 Louisiana St, San Diego, CA 92104

    $2,595,000

    • 8 Beds
    • 6 Baths
    • 3,850 Sq Ft
    • 3652 Louisiana St
    • San Diego, CA

    LIVE IN LUXURY, EARN WITH RENTALS – BRAND-NEW NORTH PARK HOME + INCOME PRODUCING DUPLEX! (3 TOTAL UNITS) A rare opportunity to own a brand-new, custom-built 4-bed, 3.5-bath front house plus a stacked duplex with two 2-bed, 1-bath units in North Park. Nothing else like it exists in the area. Perfect for an owner-occupant seeking rental income or an investor targeting a high-demand location. The

    Daniella Wiseman 18 Doors Real Estate

    Section Image
  • 1725-35 Edgemont St, San Diego, CA 92102

    $1,995,000

    • 7 Beds
    • 5 Baths
    • 1725-35 Edgemont St
    • San Diego, CA

    This fully renovated triplex at 1725-35 Edgemont St in San Diego’s desirable South Park neighborhood offers an exceptional investment opportunity with strong rental income potential and an assumable VA loan at 3.875%. The property includes three units: a detached 3BD/1.5BA rented for $4,150/month to great tenants, a 2BD/2BA currently occupied by the owner, and a 2BD/1BA operating as a successful

    Jason Lee Nara Advisors, Inc.

    Section Image
  • 4095 Front St, San Diego, CA 92103

    $2,269,000

    • 7 Beds
    • 3 Baths
    • 4095 Front St
    • San Diego, CA

    A rare find in San Diego’s vibrant Hillcrest community, this charming 3BR/1BA single-family residence blends classic character with modern convenience. Featuring original period details, built-ins, a fully functional fireplace, hardwood floors, and original interior doors, the home exudes timeless charm. Additional highlights include a dedicated laundry room, inviting front porch, private deck,

    Seth Watje Starker West, Inc.

    Section Image

Source: San Diego MLS

MLS Number: 250028717

San Diego MLS