North Park Properties between $2,000,000 and $3,000,000 for Sale

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Newest North Park Properties between $2,000,000 and $3,000,000 for Sale

$2,485,000

12 Beds ⋅ 12 Baths ⋅ 260017952 MLS ⋅ ACTIVE Status

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.

4177 Illinois St, North Park

$2,199,000

5 Beds ⋅ 4 Baths ⋅ 260016994 MLS ⋅ ACTIVE Status ⋅ 2911-15 Kalmia BLDG.

Nestled on a desirable street in the heart of South Park with second-story views of Downtown San Diego. Just minutes from Balboa Park and the world famous San Diego Zoo, 2911-15 Kalmia St offers a rare combination of timeless charm, thoughtful modern updates, and exceptional versatility. The main residence features 4 bed, 2.5 bath, and approximately 2,300 sqft of beautifully designed living space. Tastefully remodeled while preserving its original character, the home showcases energy efficient windows, central heating and air conditioning, and a solar system with 41 panels that power both homes plus an EV charger, delivering year round comfort and impressive energy savings. Period details, warm architectural touches, and a charming gazebo covered patio create inviting spaces for everyday living and entertaining. Privately situated on the property is a recently remodeled detached 1 bed, 1 bath guest house of approximately 520 sqft, providing the perfect space for extended family, overnight guests, a private home office, or independent living. With alley access and a generous 6,966 sqft lot, the property offers flexibility for a variety of lifestyles while still presenting future income or ownership possibilities. Located just moments from South Park's beloved cafes, restaurants, boutiques, and neighborhood parks offering golf, tennis, swimming, and baseball, this is a rare opportunity to own a beautifully maintained home that blends historic character with modern efficiency in one of San Diego's most soughtafter communities.

2911-15 Kalmia St, North Park

$2,820,000

14 Beds ⋅ 13 Baths ⋅ 260016954 MLS ⋅ ACTIVE Status

Offered at the lowest price per unit in all of 92104, this bread-and-butter apartment property presents a rare value-add opportunity in a strong rental submarket. The property consists of 12 legal units plus an additional non-conforming studio, offering meaningful upside beyond current in-place income. Current actual income reflects only the 12 legal units; income from the studio is not included in these figures. Ownership has initiated the permitting process for the studio and, once complete, pro forma income reflects the studio as a fully permitted 13th unit. With rental upside across the unit mix and an attractive basis relative to the surrounding market, this offering is well suited for investors seeking both stable current income and long-term upside.

4151 35th, North Park

$2,695,000

11 Beds ⋅ 7 Baths ⋅ 260014833 MLS ⋅ ACTIVE Status

3736 Mississippi Street is a meticulously maintained 6-unit multifamily asset located in the heart of Prime North Park. Built in 1986 and owner-operated by the same hands-on proprietor since acquisition, this property reflects a level of pride of ownership seldom found in today's marketplace. The owner purchased the asset as his personal residence and approached every capital improvement accordingly — selecting quality materials and long-term solutions over short-term fixes. The result is a turn-key building with a strong unit mix, compelling in-place rents, and an established RUBS program with zero deferred maintenance for a new operator to inherit. The property also features four (4) on-site single-car garages with strong ADU conversion potential, offering a clear path to increasing unit count and revenue while retaining six (6) parking spaces — a meaningful competitive advantage in a neighborhood where off-street parking has become increasingly scarce and valuable. North Park consistently ranks among San Diego's most resilient and in-demand rental submarkets, drawing a renter base that is educated, professionally employed, and willing to pay a premium for well-located, well-maintained housing in a walkable, amenity-rich urban environment. For a buyer seeking a newer-vintage, turn-key asset in an irreplaceable location — with multiple levers to drive yield through strategic renovations, rent growth, and ADU execution — 3736 Mississippi Street is exactly the type of opportunity that rarely comes to market.

3736 Mississippi, North Park

$2,999,000

260013374 MLS ⋅ ACTIVE Status

CALL FOR OFFERS Offers Due: July 31, 2026 Ownership reserves the right to accept an offer prior to the deadline. Rare ±13,986 SF infill development and owner-user opportunity in North Park. Exclusively listed for sale for the first time, the property features an existing ±7,645 SF building with strong street frontage, off-street parking, and rear alley access. Ideal for restaurant, brewery, fitness, office, or retail use. Zoned CC-3-9 with Tier 3 Complete Communities designation, offering high-density mixed-use redevelopment potential. Prime walkable location with strong demographics and consistent foot traffic.

3925 Ohio, North Park

$2,495,000

4 Beds ⋅ 4 Baths ⋅ 260012812 MLS ⋅ ACTIVE Status

A rare, truly one-of-one North Park Craftsman estate, meticulously reimagined and rebuilt—where historic character meets modern engineering, refined design, and income-producing opportunity. Expanded by approximately 700 sq ft, this exceptional 2-on-1 residence is anchored by an Accessory Dwelling Unit (ADU), thoughtfully designed as a true independent living space, with permitting currently in progress—generating $40,000+ in verifiable annual income. Originally renovated with no intention of ever selling, the level of craftsmanship is immediately evident—a caliber of design rarely seen in Craftsman homes today. Every detail has been carefully curated, blending timeless architecture with modern performance. The designer chef’s kitchen features marble countertops and premium appliances, including Bosch French door ovens, a Viking 6-burner gas cooktop, Fisher & Paykel dishwasher, and JennAir refrigerator. The spa-inspired primary suite offers a steam shower, heated floors, towel rack, and jetted soaking tub. Extensive upgrades include electrical, plumbing, owned solar, Marvin dual-pane windows, Level 2 EV charging, and Trex decking for seamless indoor-outdoor living. Situated in the heart of North Park near Communal Coffee, Modern Times, Underbelly & Alexander's on 30th. A truly exceptional offering—rarely matched and even more rarely replicated.

3388 Bancroft St, North Park

$2,395,000

9 Beds ⋅ 8 Baths ⋅ 260012402 MLS ⋅ ACTIVE Status

**North Park Value-Add @ $299k/unit** • 4.34% CAP Rate // 7.97% Proforma CAP Rate • 8-Unit Property w/ Cottage Style Feel (4 Buildings) • Huge Value-Add Opportunity in One of San Diego’s Strongest Submarkets • 56% Upside in Rental Income • Seven (7) 1Bed/1Bath Units + One (1) 2Bed/1Bath Unit • Onsite Laundry Facility • Zoned RM-3-7 | Complete Communities Tier 3: 6.5 FAR • A Short Walk to Shops, Restaurants, and Local Services (94 WalkScore)

4018 Hamilton St, North Park

$2,850,000

16 Beds ⋅ 8 Baths ⋅ 260012283 MLS ⋅ ACTIVE Status

4221–27 Kansas Street is an 8-unit multifamily property located in the heart of North Park. Built in 1956, the property consists of eight (8) 2-bedroom / 1-bath units totaling approximately 6,736 square feet, offering a consistent unit mix. The property includes five (5) off-street parking spaces and on-site laundry. Units are in good overall condition, with several recently updated, providing stable in-place income. Conveniently located near North Park’s restaurants, retail, and local amenities, with access to Interstate 805 and Interstate 15.

4221-27 Kansas St, North Park

$2,950,000

12 Beds ⋅ 9 Baths ⋅ 260011441 MLS ⋅ ACTIVE Status

Pleased to present 4161 Arizona Street, a nine-unit apartment community ideally positioned in the highly coveted North Park neighborhood of San Diego, CA. Built in 1966, the property offers a well-balanced unit mix of three 2-bedroom/1-bath units and six 1-bedroom/1-bath units, providing broad appeal across the renter demographic. The property is fully parked with nine dedicated off-street parking spaces — a meaningful amenity in a neighborhood where parking is at a premium. Additional operational highlights include on-site laundry, a recently upgraded main electrical panel, and partial upgrades to sub-panels, providing a strong capital foundation for an incoming investor.

4161 Arizona St, North Park

$2,695,000

5 Beds ⋅ 5 Baths ⋅ 260010995 MLS ⋅ ACTIVE Status ⋅ . BLDG.

A century apart. A perfect match. 3760 Pershing Avenue is the rare property that makes you realize how well the 1920s and the 2020s understand each other — when the right architect is involved. At the front, a 1920s Craftsman bungalow stands exactly as it was meant to: hardwood floors, original Gumwood trim, a private courtyard patio draped in mature citrus, and the kind of quiet dignity that only a century of good bones can produce. Two bedrooms, a den, 1.5 baths — and a presence that no amount of new construction has ever successfully imitated. At the rear, celebrated San Diego architect Jeff Svitak answers with three stories of considered modern design — sliding walls of glass, private patios, concrete and hardwood floors, quartz counters, and a top-floor unit that trades the Craftsman’s rootedness for something equally compelling: panoramic views that stretch from sunrise to sunset, with approved rooftop deck plans ready for the buyer who wants the final word. The two buildings share a 6,250 SF lot and almost nothing else — and that tension is precisely the point. One speaks in warm wood and history. The other responds in glass and light. Together they create something that neither could be alone: a place that feels both timeless and entirely of the moment. Every unit separately metered. New owned solar. Tankless water heaters. No HOA. No monthly fees. Three modern units in immaculate, never-occupied condition. Four units. Two centuries. One address that belongs in a category of its own.

3760-66 Pershing Ave, North Park

$2,550,000

7 Beds ⋅ 6 Baths ⋅ 260006489 MLS ⋅ ACTIVE Status

**6 Units in Prime North Park** Cottage Style Units • 5 Detached Buildings Spread Across a Large 9,371 sqft Lot • 27% Upside in Rental Income • (5) 1Bedroom/1Bathroom + (1) 2Bedroom/1Bathroom • (6) Garages and (2) Off-street Parking Spaces • All Units Have Balconies/Patios • Well Maintained & Clean Property • ADU Potential Through Garage Conversion and/or Redevelopment of the Oversized Lot

3938-42 Florida St, North Park

$2,000,000

PTP2601668 MLS ⋅ ACTIVE Status

Six-unit multifamily consisting of four (4) one-bedroom/one-bath units, one (1) larger one-bedroom/one-bath unit with a private balcony, and one (1) detached three-bedroom/one-bath house at the front of the property. Recent improvements include dual-pane windows, partial ABS sewer line upgrades, new electrical subpanels, and balconies that have passed SB-721 inspection requirements. Additional features include two single-car garages, two carport spaces, three storage closets, and an approximately 200 square foot storage shed, offering potential additional storage and parking options. PLEASE DO NOT DISTRUB TENANTS! Six-unit multifamily consisting of four (4) one-bedroom/one-bath units, one (1) larger one-bedroom/one-bath unit with a private balcony, and one (1) detached three-bedroom/one-bath house at the front of the property. Recent improvements include dual-pane windows, partial ABS sewer line upgrades, new electrical subpanels, and balconies that have passed SB-721 inspection requirements. Additional features include two single-car garages, two carport spaces, three storage closets, and an approximately 200 square foot storage shed, offering potential additional storage and parking options. PLEASE DO NOT DISTRUB TENANTS!

4010-4016 Illinois St, North Park

$2,790,000

13 Beds ⋅ 8 Baths ⋅ 250039649 MLS ⋅ ACTIVE Status

3245-57 Bramson Place, a fully occupied 8-unit multifamily property in North Park, San Diego. The property features (3) one-bedroom and (5) two-bedroom units and offers immediate value-add potential through an increase in rents and the conversion of three garages into additional rental units. With nine dedicated parking spaces and on-site laundry, the property supports tenant retention while providing significant potential to increase cash flow. Highly accessible to downtown San Diego, Mission Valley, and key employment and lifestyle destinations, the area attracts a large and affluent renter base. Situated in the heart of North Park, the property is surrounded by one of San Diego’s most established urban neighborhoods. Residents benefit from immediate access to Balboa Park, Downtown, and major employment corridors, as well as a wide array of dining, breweries, boutique retail, and cultural venues. North Park’s combination of connectivity, amenities, and historic character continues to distinguish it as one of the city’s most desirable residential communities. Across the street from the coming soon Sprouts Market. Limited multifamily supply and strong demand for quality rental housing position 3245–57 Bramson Place for both near-term revenue growth and long-term appreciation, making it a compelling investment opportunity in one of San Diego’s most desirable urban communities.

3245-57 Bramson Pl, North Park

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