$1,999,000
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.
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Listed by Sherry Chen with Compass (619) 353-5799
Property Type
Residential Income
Status
Active
MLS Number
250044041SD
Year Built
2025
Lot Size
3,258 sq ft