$200K PRICE IMPROVEMENT!!! 9 Unit Apartment Building in North Park For Sale! 4.5% CAP RATE. 14.9 GRM. Property is gated with intercom access, 4 Garages in the alley and 4 tandem off-street parking spaces in front. The property is conveniently located across the street from the North Park Recreation Center and Community Park and in walking distance to multiple eateries. Unit interiors have been substantially renovated, and the concrete parking area in front was recently replaced. Large multifamily housing project on the North side of the property is currently under construction and may lead to a significant positive effect on the 4052 Oregon Street’s market rents once project is completed and fully leased. —Bring all offers / Owner may consider a seller carry back—
Property Details
Price:
$3,600,000
MLS #:
240007521SD
Status:
Active
Baths:
0
Address:
4052 Oregon Street
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
92104northpark
City:
San Diego
Listed Date:
Apr 9, 2024
State:
CA
ZIP:
92104
Schools
Interior
Heating
Wall Furnace
Exterior
Parking Spots
12.00
Roof
Composition
Financial
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Courtesy of Melroy Investments Inc. 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 include the name of the listing broker. Neither the listing company nor 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.
4052 Oregon Street
San Diego, CA
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