North Park

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.

To schedule an Open House or to request more information about this property, call Walla Walla Sotheby's Realty at 6194800890...

3 INCOME-PRODUCING UNITS WITH HUGE UPSIDE POTENTIAL IN RENTS! Located in the heart of North Park, this turnkey triplex at 4136 Cherokee Ave offers a rare opportunity for investors seeking immediate cash flow with room to grow. All three units are currently occupied and generating income. Each unit lives like a townhome rather than a typical rental, featuring 2 bedrooms, 1.5 baths, in-unit laundry, a private yard, and 2 dedicated parking spots. Every unit has been recently renovated with newer kitchens and baths, updated flooring, windows, and doors, stainless steel appliances, upgraded cabinetry, and individual Central A/C and Heating systems for tenant comfort and efficiency. Ideally situated close to everything North Park has to offer — trendy restaurants, breweries, boutique shops, and parks — with easy freeway access for commuters. Whether you're building a rental portfolio or looking for a turnkey multi-unit investment with strong upside, this property checks every box. 3 INCOME-PRODUCING UNITS WITH HUGE UPSIDE POTENTIAL IN RENTS! Located in the heart of North Park, this turnkey triplex at 4136 Cherokee Ave offers a rare opportunity for investors seeking immediate cash flow with room to grow. All three units are currently occupied and generating income. Each unit lives like a townhome rather than a typical rental, featuring 2 bedrooms, 1.5 baths, in-unit laundry, a private yard, and 2 dedicated parking spots. Every unit has been recently renovated with newer kitchens and baths, updated flooring, windows, and doors, stainless steel appliances, upgraded cabinetry, and individual mini-split A/C systems for tenant comfort and efficiency. Ideally situated close to everything North Park has to offer — trendy restaurants, breweries, boutique shops, and parks — with easy freeway access for commuters. Whether you're building a rental portfolio or looking for a turnkey multi-unit investment with strong upside, this property checks every box.

Endless potential awaits in North Park Corridor. This 2 bed, 1 bath home offers 666 square feet plus two garages on a generous 3,500 square foot lot ready for your vision. Keep the current footprint, remodel, and turn the yard into your own urban oasis, or use it as the starting point for a bigger, upgraded home with room to spare. The lot's R3 zoning also opens the door to a multifamily project for the right buyer. A mobile tiny home on the property is available separately and could generate income as an AirBnB rental. Enjoy quick access to the 805 and 15, plus an easy e bike ride to Kensington, Normal Heights, North Park, and Hillcrest.

Whitewater Commercial Real Estate presents: 3781 Alabama St. a fully renovated 2-bed / 2-bath single-family residence in North Park and will be delivered with ready to issue plans & permits for the development of (9) ground up 1-bed / 1-bath apartment units behind the home. Located within walking distance of North Park’s vibrant dining, retail, and entertainment amenities along University Avenue, the property offers residents exceptional walkability and convenience with easy access to Downtown San Diego and Balboa Park. Combined with permit-ready plans and attractive projected rental income, 3781 Alabama St offers investors the opportunity to capitalize on a premier development site in one of San Diego’s strongest rental markets.

Exceptional value in the heart of North Park! This bright and airy 2BR/2BA condo features soaring vaulted ceilings, abundant natural light, an open-concept living area, and a generously sized primary suite. Move in now and personalize over time to make it truly your own. A private alley-access one-car garage plus an additional dedicated parking space directly in front—an incredibly rare North Park find! Ideally located near Balboa Park and the neighborhood’s best restaurants, coffee shops, breweries, shopping, and freeway access. Two bedrooms, two bathrooms, two parking spaces, and one prime location—this is the North Park opportunity you’ve been waiting for!

Welcome to 4076 Illinois St. #3 in trendy NORTH PARK! Situated in a prime area of North Park where all the cute shops, popular bars, highly rated restaurants, and groceries are all within blocks, yet your new home feels secluded and tucked away. Walk Score® 97. This 2bd/1ba unit has a spacious open floorplan with over 800 sq ft. Brand new oak-colored waterproof LVP flooring throughout makes the home feel cohesive and luxurious. Central heat and A/C! The kitchen has modern cabinets and countertops with stainless steel appliances: double-door refrigerator with icemaker, glass top stove/range, over-range microwave, and dishwasher. Dining room space with big picture window ready to personalize. The hallway includes a pantry with built-in shelving and a large coat/storage closet. An extra storage room (approx. 5x7') in the front of the building also belongs with the unit! The bathroom has a beautiful tiled shower/tub combo and convenient in-unit laundry with an all-in-one washer/dryer. Both bedrooms feature large windows and huge mirrored closets. One assigned parking space off the alley is deeded with the unit. HOA fee includes water, trash, and landscaping. Cute mid-century building with beautiful greenery and landscaping has had tons of upgrades in the last 5 years - new roof, upgraded electrical, water heater, and new plumbing! Gated entries in the front and back. Some photos have been virtually staged. Some photos have been virtually staged.

A rare investment and development opportunity positioned between North Park and Normal Heights, offering immediate livability with significant future potential. Set on an expansive lot, this move-in-ready 2-bedroom, 1-bath bungalow gives the next owner the opportunity to enjoy or utilize the property today while planning for what it could become. The existing home features vaulted ceilings, engineered hardwood flooring, an updated kitchen with quartz countertops, shaker cabinetry, stainless steel appliances, and a private backyard with plenty of space to relax or entertain. What sets this property apart is the opportunity beyond the existing home. Two completed development plan options are available, including a design featuring a detached 1,200 sq. ft. ADU with an attached two-car garage plus a 500 sq. ft. JADU, creating exciting possibilities for future expansion, additional living space, or potential rental income, subject to applicable approvals. Located minutes from North Park’s acclaimed restaurants, breweries, coffee shops, boutiques, Balboa Park, Downtown San Diego, and major freeways, this is an opportunity to secure a property in one of San Diego’s most sought-after urban neighborhoods with the flexibility to maximize its potential over time.

We are pleased to present 4168 32nd Street, an upgraded multifamily investment opportunity ideally located in San Diego's highly sought-after North Park neighborhood. The property benefits from a premier urban location with convenient access to major employment centers, vibrant retail and dining destinations, and regional transportation corridors, supporting strong and consistent rental demand. The property features an efficient unit mix consisting of three (3) one-bedroom/one-bathroom units, four (4) two-bedroom/one-bathroom units, and three (3) two-bedroom/two-bathroom residences with spacious floor plans averaging approximately 745 square feet. The residences have been thoughtfully updated with modern kitchens and bathrooms featuring quartz countertops, white shaker cabinetry, laminate flooring, and stainless steel appliances, including dishwashers, ranges, microwaves, and refrigerators. Residents enjoy immediate access to North Park's renowned restaurants, boutiques, coffee shops, and entertainment while remaining just minutes from Downtown San Diego, Balboa Park, and the region's major freeway network. Combining a highly desirable location, renovated interiors, and strong in-place cash flow, 4168 32nd Street presents a compelling opportunity to acquire a well-positioned multifamily asset in one of San Diego's most sought-after urban rental markets.