4250 Oregon St

4250 OREGON ST, SAN DIEGO, CA 92104

Whitewater Commercial Real Estate is pleased to present Parkline, a 94-unit, six-story multifamily community completed in 2023 in the heart of North Park. Ideally positioned within one of San Diego's premier transit-oriented neighborhoods, residents enjoy exceptional walkability with immediate access to restaurants, cafés, shopping, nightlife, major employment centers, and multiple public transit options.

The property features approximately 69,167 of gross square feet, consisting of studio, one-bedroom, and two-bedroom residences, complemented by secured parking, two elevators, a rooftop terrace with skyline views, and modern unit interiors with in-unit laundry, central air conditioning, and private patios or balconies.

Stabilized at approximately 96% occupancy, Parkline offers durable in-place cash flow, the low maintenance benefits of new construction, and exemption from California's AB 1482 rent caps, providing ownership greater flexibility to drive long-term rental growth.

LINK TO VIRTUAL DEAL ROOM

PROPERTY DETAILS

Purchase Price - $38,000,000

ASSET TYPE

LOCATION

69,167

94

SQ. FT.

UNITS

2023

96%

YEAR BUILT

OCCUPANCY

North Park

Institutional

PROPERTY HIGHLIGHTS

LISTING TEAM

01 / Ninety-Four Units

A 94-unit multifamily community currently stabilized at approximately 96% occupancy, providing strong in-place cash flow with long-term rental growth potential.

02 / North Park Location

Located in North Park, just behind Park Blvd and El Cajon Blvd, the neighborhood’s retail corridor with popular cafes, restaurants, bars and breweries within steps.

03 / Class A Multifamily

Completed in 2023, Parkline offers modern Class A construction with high-quality finishes, resident amenities, and a low-maintenance operating profile.