Description
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 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.
Property Details
- MLS #250024907SD
- MLS #250024907SD
- Original List Price$2,400,000
- CountySan Diego
- Property TypePurchase
- Property SubtypeMixedUse
- Cost2400000
- Acres0.1598
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Said Abdallah (#SAND-703982)
Listing Office: Compass (#SAND-991248)
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