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3028 Howard Ave San Diego CA 92104 MLS #240020546SD

We are pleased to present this six-unit investment property in the vibrant and highly desirable North Park neighborhood of San Diego. The gated 6-unit community comprises five (5) 1 BD/1 BA, and one (1) studio apartment. Additionally, the property has 6 off-street parking spots, separate laundry, and maintenance storage. Known for its strong rental market, North Park offers investors a chance to capitalize on an area that combines consistent demand with proximity to some of the city’s most iconic landmarks. The parcel comes with an age-restricted Conditional Use Permit (CUP) that allows for higher-density development, provided that at least one resident in each unit is 62 years of age or older. This CUP is designed to facilitate the creation of much-needed housing tailored to the needs of older adults. This property offers an investor the opportunity to own a multifamily asset in one of San Diego’s most sought-after neighborhoods, known for its high walkability and vibrant community.

Property Details

Price:
$1,775,000
MLS #:
240020546SD
Status:
Active
Baths:
0
Address:
3028 Howard Ave
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
92104northpark
City:
San Diego
Listed Date:
Aug 14, 2024
State:
CA
ZIP:
92104

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6.00

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