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Sherry Chen
Patrick Kappel

3322-28 Nile St

$1,899,000 3322-28 Nile St, San Diego, CA 92104
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.
  • For Sale
    Status
  • 5
    Bedrooms
  • 4
    Bathrooms
  • 2025
    Year Built
  • 2,405 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 2,405 Sq.Ft.
  • Total Area: 2,405 Sq.Ft.
  • MLS® ID: 260006419
  • Type: Multi-Family
  • Year Built: 2025

Interior

  • Total Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 4

Exterior & Building

  • Water Source: Meter on Property
  • Utilities: Sewer Connected
  • Roof: Composition
  • Heat Type: Forced Air Unit, Wall/Gravity
  • Air Conditioning: Central Forced Air
  • Security Features: N/K

Financial

  • Sales Price: $1,899,000
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3322-28 Nile St

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Veteran owned and operated, the Kappel Realty Group is a team of Realtors focused on educating and assisting real estate buyers and sellers in the San Diego region. Nearly all of our agents have advanced degrees and master’s degrees in real estate or finance and half our agents are military veterans.
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