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Pending

4125 Georgia

4125-31 Georgia St, San Diego, CA, USA

$1,800,000 - $1,850,000

North Park 4plex

Property Description

Nestled between three prominent neighborhoods North Park, Hillcrest, and University Heights. This property is walking distance to trendy restaurants, bars, upscale grocery stores, and coffee shops. In addition to the 4 units, it also offers common areas / outdoor space and has possibilities for laundry hookups on-site. There are also views to the east on a gently sloping lot with access to an alley in the back. With a lot SF of 6,996, this is a value-add property with redevelopment possibilities. It is also within an Economic Opportunity Zone and Complete Communities Tier 3 = 6.5 FAR.

Property Details

Property Type

Multifamily

Price

$1,800,000 - $1,850,000

Units

4

Price/Unit

$487,500

SqFt

2,750

Price/SF

$709

Unit Mix

(1) 1bed + 1bath (3) 2bed + 1bath

GRM

Year Built

1914 & 1927

Cap Rate

Market

North Park

Contact Agent

Kenneth Herskind

(858) 699-4013

01872460

Maxim Delbecq, MBA

858.333.7701

DRE # 01964069

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KEN_0377_edit_edited.jpg

Property Location

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