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4177 Illinois Street

San Diego CA 92104

12
12
8
5590 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

12 bedrooms
12 bathrooms
8 carspaces
5590 sq. ft. floor area
Other

Happy sellers in San Diego

92%
92% of sellers in San Diego reported that their sale price either exceeded or met their price expectations.

San Diego stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in San Diego over the last 12 months.

Local market activity for 12 bedroom other properties in San Diego

In the last 12 months, 2 numeral.12-bedroom other properties similar to 4177 Illinois Street, have been sold.

This represents a 34% increase in numeral.12-bedroom other properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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