
San Diego, California 92104
Analysis of 4104 Arizona Street, San Diego, California 92104 is currently available with a list price of $1,750,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1954, the property is well-maintained but significantly dated. The kitchen and bathrooms feature older cabinetry, white appliances, and vinyl flooring likely exceeding 20 years in age. The presence of a wall heater indicates an outdated HVAC system, and while the hardwood floors are a plus, the overall infrastructure and finishes require modernization.
Elementary School: McKinley Elementary School (9/10).
Situated on the border of North Park and University Heights, the property boasts an exceptional walk score with immediate access to the 30th Street corridor's renowned dining, craft breweries, and boutiques.
Unlike many competing urban multi-family assets in dense San Diego neighborhoods, this site includes a dedicated garage structure and additional rear parking spaces, providing a significant competitive advantage for tenant retention.
Originally constructed in 1954, the mid-century frame-and-stucco buildings may require substantial capital expenditures for deferred maintenance or modernization of major systems to meet contemporary standards.
At a list price of $1.75M, the entry point may result in tighter cap rates for investors unless the property has been recently upgraded to command top-of-market rents in the North Park area.
Known as the Polk Avenue Apartments, this site is a multi-family residential property consisting of two separate low-rise structures set on a single corner lot. The buildings are mid-century style frame-and-stucco construction. The layout functions as a four-unit residential setup configured with a mix of one- and two-bedroom rental units. The property features off-street parking in the form of a garage structure, with additional room for vehicle spaces tucked toward the rear off the street. Neighborhood & Location: The site rests right on the border where North Park meets University Heights, two of San Diego’s most vibrant urban neighborhoods. Accessibility: It sits on the northwest corner of Arizona Street and Polk Avenue, just south of El Cajon Boulevard and a short walk from 30th Street—a corridor well-known for craft breweries, local coffee shops, diners, and boutique stores. Transit & Commute: The surrounding area is considered extremely walkable, with easy access to major bus lines along nearby arterial streets and rapid access to both the I-805 and CA-163 freeways. Local Attractions: It is located a quick drive away from Balboa Park, the San Diego Zoo, and the major medical centers in nearby Hillcrest.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.4 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,636 | 1,837.516 |
| Lot Size | 6,983 | 6,134.732 |
| Price | $1.75M | $1.07M |
| Price per sq ft | $664 | $623 |
| Built year | 1954 | 1975 |
| HOA | $0 | $365 |
| Days on market | 25 | 55 |
Aug 15, 2026
$1,750,000
Initial Listing