$1,899,000

3322 28 Nile St, San Diego, CA 92104

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon3,258sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

Welcome to 3322–28 Nile St, now offered at a newly improved price—an exceptional 4-unit opportunity in the heart of North Park, one of San Diego’s most vibrant and walkable neighborhoods. Just steps from some of the city’s best restaurants, coffee shops, and nightlife this location offers an unbeatable lifestyle for owner-occupants and enduring appeal for tenants. The front building features two updated 1BD/1BA units, thoughtfully updated with modern kitchens and bathrooms while preserving the charm of original hardwood floors. Tucked behind, the newly completed (2025) three-story building showcases two brand-new units. The lower level offers a sleek, modern 1BD/1BA, while the upper floors unveil a sun-drenched, two-story 2BD/1BA with a bonus loft and sweeping views of North Park—truly the crown jewel of the property. Residents enjoy modern comforts including in-unit laundry, A/C, a shared outdoor common area, and the benefit of owned solar for energy savings. Positioned in a high-demand rental pocket of Altadena within North Park, this property presents a rare blend of turnkey condition and long-term upside. With two brand-new construction units, new roofs, new individual electric and gas meters, and new ABS sewer lines this property offers low-maintenance ownership and strong, consistent rental demand. Whether you’re a 1031 investor seeking stable cash flow and appreciation or an owner-occupant looking to offset your mortgage while enjoying a walkable urban lifestyle, this property delivers on all fronts.

Listing Status:
Active
Date Added:
March 19, 2026
Data Last Updated:
April 1, 2026 at 8:17PM
Listing Office:
Compass : 619-353-5799
Listing Agent:
Sherry Chen : 858-231-0397
MLS ID:
260006419SD
  • Appliances: Electric Water HeaterGas Water HeaterTankless Water Heater
  • A/C: Central Air
  • Heating: ElectricForced AirNatural Gas
  • Parking: Parking spaces: 0
  • Roofing: Composition
  • General: Multi/Split
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_SAND
  • County: San Diego
  • Zoning: 4537611700
  • Fencing: Partial
  • Source: CRMLS_SAND

This listing courtesy of Sherry Chen , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

McKinley Elementary School

3045 Felton St, San Diego, CA, 92104

Grades KG-5

0.29 miles away

W

Wilson Middle School

3838 Orange Ave, San Diego, CA, 92105

Grades 6-8

1.05 miles away

A

Alba

4041 Oregon St, San Diego, CA, 92104

Grades 1-12

1.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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