4104 Arizona Street, San Diego, California 92104, San Diego, 92104 - 0 bed, 0 bath
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4104 Arizona Street
San Diego, California 92104
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,636Sq Ft
6,983Lot Size
Property Price
LIST PRICE$1,550,000
SUMMARY
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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
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 The presence of a wall heater indicates an outdated HVAC system, and while the hardwood floors are a plus, the overall infrastructure and finishes require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: McKinley Elementary School (9/10).
- Prime Walkable Location
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.
- Ample Off-Street Parking
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.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
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.
- Potential Yield Compression
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.
About 4104 Arizona Street
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1954
- Lot Size
- 6,983 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Garfield Elementary School
Grades K-5 • 0.4 mi
8/10
Jefferson Elementary School
Grades K-5 • 0.5 mi
6/10
Birney Elementary School
Grades K-5 • 0.6 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.9 |
| Baths | 0.0 | 3.1 |
| Square foot | 2,636 | 1,907.722 |
| Lot Size | 6,983 | 6,135.853 |
| Price | $1.55M | $1.09M |
| Price per sq ft | $588 | $597 |
| Built year | 1954 | 1971 |
| HOA | $0 | $365 |
| Days on market | 71 | 62 |
Pricing History
Listed for Sale
Sep 26, 2026
$1,550,000
$1,750,000
-11% Price Drop
Initial Listing
Price Change
Aug 15, 2026
$1,750,000
Initial Listing