Excellent North Park – City Heights location in one of the most vibrant rental areas in Metro San Diego. This property consists of 3 two bedroom/one bath units and 6 one bedroom/one bath units with onsite laundry as well as parking with 4 spaces in the front and 5 spaces off the alley. Ideally located on a 7,005 square foot parcel, incredible opportunities exist for the new owner who wishes to renovate and personalize the interior and exterior spaces. This property has been in the same family for 49 years and has been well maintained with moderate updating. Walkscore.com rates this property as a 90 out of 100 with nearby parks and shopping, so daily errands may not require a car. Actual Operating Expenses listed here are an average for the years 2021-24. Gross Rent Multiplier uses actual gross scheduled rents. Square footage of improvements shown here is an estimate based upon the property management company’s estimate of each unit. Cap rate is annualized and adjusted for Capital Expenditures
Property Details
Price:
$2,300,000
MLS #:
240025551SD
Status:
Active
Baths:
0
Address:
4045 Cherokee Ave
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
92104northpark
City:
San Diego
Listed Date:
Oct 28, 2024
State:
CA
ZIP:
92104
Schools
Interior
Exterior
Parking Spots
9.00
Financial
Map
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Courtesy of Scott & Quinn Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
4045 Cherokee Ave
San Diego, CA
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