4454 Illinois Street, Normal Heights, CA 92116

$1,600,000

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List Price
$1,600,000
Status
ACTIVE
MLS#
260014322SD
Lot Size
3,640
Acres
0.08
Days on Market
48
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

We are pleased to present 4454–60 Illinois Street, a boutique multifamily offering ideally positioned in the heart of North Park, one of San Diego’s most vibrant and supply-constrained urban rental markets. Located within the highly walkable 92116 zip code, the property boasts a Walk Score of 84, providing residents with immediate access to neighborhood dining, retail, parks and daily conveniences - a lifestyle feature that continues to drive strong tenant demand. The property is comprised of five well-designed apartment homes, featuring four one-bedroom/one-bathroom residences averaging 585 square feet and one expansive two-bedroom/two-bathroom residence measuring approximately 1,300 square feet. These efficient and functional floorplans cater to a wide range of renters seeking comfort, usability, and proximity to San Diego’s most desirable central neighborhoods. Situated within a high-demand rental corridor known for its walkability, charm, and limited multifamily inventory, 4454–60 Illinois Street benefits from consistent occupancy and long-term renter appeal. With its central location, neighborhood amenities, and strong connectivity to the greater San Diego region, the property represents a compelling opportunity for stable, durable rental performance.

Additional Information

Cooling
Yes
Attached Structure
Detached
Number Of Units Total
5
Gross Scheduled Income
$112,200
Operating Expense
46633

Listing courtesy of Listing Agent: Austin Huffman (ahuffman@ipausa.com) from Listing Office: Marcus & Millichap.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.