Situated in the hour glass of North Park, this well-maintained 7-unit apartment property offers a rare investment opportunity with immediate upside. With two vacant units and all tenants on month-to-month leases, new ownership can capitalize on strong existing financials while increasing rents to market rate. The 7,000 SF lot and… Read More favorable zoning present potential for ADU development (buyer to verify). The property features 11 bedrooms, 8 bathrooms, off-street parking, and is located just minutes from some of San Diego’s best dining, shopping, and nightlife. A turn-key asset with day-one value-add potential in one of San Diego’s most desirable rental markets. Read Less
Property listed by Compass, Said Abdallah 619-353-5799
Listing Snapshot
Days Online
79
Last Updated
Property Type
Mixed Use
Lot Size
0.16 Acres
MLS Number
250024907SD
30 Days Snapshot Of 92104
$975k
+8%
(avg) sold price
19
-13%
homes sold
45
-8%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1 building, Construction materials: Stucco
Cooling
WallWindowUnits
Expenses
Operating expense: $22,035
Heating
WallFurnace
Lot
0.1598 acres, 6,962 square feet, Size: 6,962
Parking
10 totals parking
Property
Zoning: RM1-2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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