$6,850,000

Regal Properties is pleased to present 4364–4372 Alabama Street, a 13-unit apartment property where North Park, University Heights and Hillcrest meet. It combines 9 newly built units, completed in May 2026, with 4 well-kept 2BR/1BA residences on one parcel, for a total of about 9,840 rentable SF. The new building has two 1BR/1BA and seven 2BR/2BA floor plans with modern finishes, in-unit laundry / central AC. Location is the story. The property sits at the crossroads of three of San Diego's most sought-after urban neighborhoods. Residents can walk to the restaurants, coffee shops, breweries and nightlife along 30th Street, Adams Ave, Park Boulevard and El Cajon. The area has some of the highest walkability in the city, and El Cajon Boulevard's Rapid bus line connects to Downtown and the rest of Mid-City. Major employers are minutes away, including UC San Diego Health–Hillcrest, Scripps Mercy Hospital and the surrounding medical offices, plus Downtown, Mission Valley and Balboa Park. Making it an ideal place for professionals who want to live near where they work. A new-construction asset in an infill location with very little land for new building, offering stable in-place income and rent growth through lease-up. New construction and cost segregation benefits.