North Park 4plex

San Diego, CA, 92103

Pending

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

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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.

Contact Agent

Kenneth Herskind

(858) 699-4013

01872460

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Property Details

Property Type

Multifamily

Units

4

SqFt

2,750

Unit Mix

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

Year Built

1914 & 1927

Price

Price/Unit

Price/SF

GRM

Cap Rate

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

$487,500

$709

Property Location

North Park