4341 Texas Street, San Diego, CA 92104

San Diego
Local realty services provided by:ERA North Orange County Real Estate
4341 Texas Street,San Diego, CA 92104
$3,295,000
  • 4 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: maxwell brown
Office: commercial asset advisors
MLS#:PTP2606618
Source:San Diego MLS via CRMLS

Price summary

  • Price:$3,295,000

About this home

Price Reduced for a quick sale at a 5.6% cap rate in place! The highest return turnkey Northpark multifamily deal on the market AND it has excessive parking AND highly desirable 1987 construction! 4341 Texas Street, San Diego offers a fully renovated, 1987 construction, 9-unit multifamily asset with an excessive 14 off-street parking spaces, immediate cash flow and remaining rental upside. 100% of units have been renovated. The asset currently generates $271,172 annual GSI and $183,817 NOI, yielding a 5.58% in-place cap rate. There is approximately 10% income upside remaining with select units. The asset is forecasted to produce $290,340 GSI and a 6.11% market cap rate at full market operations, with minimal to no additional capital investment required to achieve that additional income. Parking is highly demanded and necessary to drive strong rents and occupancy in the Northpark Submarket. 4341 Texas will outperform competing rentals by providing 10 parking spaces plus an additional 4...

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Home facts

  • Listing ID #:PTP2606618
  • Added:56 day(s) ago
  • Updated:October 27, 2026 at 03:30 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3

Finances and disclosures

  • Price:$3,295,000
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