6
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$2,485,000
Est. payment /mo
12 Beds
12 Baths
5,590 SqFt
New
4177 Illinois St San Diego, CA 92104
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Key Details
Property Type Single Family Home
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 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
Listed by Thomas McCartin, DRE#01427348 Marcus & Millichap
NEARBY SCHOOL & BUSINESS
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