4674 Bancroft St

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4674 Bancroft St

San Diego, CA 92116
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Nine-unit apartment building located in San Diego
  • Asset situated in the dense North Park neighborhood
  • Strategically positioned within a high-demand rental submarket
  • Functional residential investment opportunity for diverse portfolios
  • Well-connected site within a major Southern California city

What's Special

Multi-family investors can capitalize on this nine-unit apartment building located in the established neighborhood of North Park in San Diego. The property presents a reliable addition to an existing residential portfolio, situated within a dense urban corridor known for consistent rental demand and proximity to local employment hubs. The layout supports efficient management for operators looking to scale their presence in a high-barrier-to-entry market. San Diego continues to benefit from a diverse economic base driven by biotechnology, defense, and tourism sectors. This specific submarket offers residents convenient access to major thoroughfares and public transit, facilitating connectivity across the wider metropolitan area. As regional population density trends upward, well-positioned apartment assets remain integral to meeting the ongoing housing requirements of local professionals and service-sector workers. The configuration of this building aligns with the standard operational models found throughout the San Diego County multi-family landscape.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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