4.4% CURRENT CAP RATE | 4.7% TURNOVER CAP RATE. 4440 Boundary Street is a like new, extensively renovated (2017), 12 unit URBAN luxury multi-family asset located in the heart of upscale North Park in mid-city San Diego. The asset is in a class “A” location and has been completely redesigned and upgraded throughout. The property unit mix includes 2 – 2BR/2BA’s; 2 – 2BR/1BA’s & 8 – 1BR/1BA’s. This highly desirable property and location attracts an upscale resident with substantial income and credit rating. The property offers an opportunity for the long term investor to own a rarely offered, highly upgraded property in one of San Diego’s top urban locations. Property can be purchased individually or with: 4647 Alabama St., San Diego, CA 92116.