Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Central location on the edge of desirable North Park
  • Fully updated with current finishes
  • Individual bungalows with private yards

Executive Summary

Built when character counted, these four charming 1 bedroom/1 bath cottages each have a private entrance off a gated courtyard. Completely remodeled, they feature modern style without sacrificing charm. With individual, large backyards and storage rooms they live like tiny homes. Units are well maintained with dual-paned windows and individual tankless water heaters. Plumbing and sewer lines have been replaced. Three of the four units also feature new roofs and new sub-panels. Separate landlord-owned laundry room provides additional income. 33rd Street has lots of street parking and great walkability to shops, restaurants and bus line. (No onsite parking.)

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $128,027 $55.66
Other Income $991 $0.43
Vacancy Loss - -
Effective Gross Income $129,018 $56.09
Taxes $10,397 $4.52
Operating Expenses $25,469 $11.07
Total Expenses $35,866 $15.59
Net Operating Income $93,152 $40.50

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $128,027
Annual Per SF $55.66
Other Income (CAD)
Annual $991
Annual Per SF $0.43
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $129,018
Annual Per SF $56.09
Taxes (CAD)
Annual $10,397
Annual Per SF $4.52
Operating Expenses (CAD)
Annual $25,469
Annual Per SF $11.07
Total Expenses (CAD)
Annual $35,866
Annual Per SF $15.59
Net Operating Income (CAD)
Annual $93,152
Annual Per SF $40.50

Property Facts

Price $2,122,179 CAD
Price Per Unit $530,545 CAD
Sale Type Investment
Cap Rate 4.40%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.16 AC
Building Size 2,300 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1937/2024
Opportunity Zone Yes
Zoning R3 - R-3, Restricted Multiple

Amenities

Unit Amenities

  • Storage Space
  • Heating
  • Kitchen
  • Range
  • Tub/Shower
  • Yard
  • Double Pane Windows
  • Vinyl Flooring

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Gated
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $2,686 CAD 575
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
447-573-05
Land Assessment
$288,951 CAD (2025)
Improvements Assessment
$502,575 CAD (2025)
Total Assessment
$791,526 CAD (2025)
Annual Taxes
$10,397 CAD ($4.52 CAD/SF)
Tax Year
2026 Payable 2026
  • Listing ID: 40353129

  • Date on Market: 2026-04-30

  • Last Updated:

  • Address: 4152-4164 33rd St, San Diego, CA 92104

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}