San Diego CA Real Estate & Commercial for Sale

9 Unit Apartment Building in North Park For Sale! 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. ---Bring all offers / Owner may consider a seller carry back---

Investment Opportunity Awaits. 10-Unit Multifamily Gem in Prime Location 4020 Cherokee Ave presents an unparalleled value-add investment opportunity for those looking to capitalize on the booming real estate market. This multifamily property, featuring a generous 6,585 sqft of living space on a sprawling 7,742 sqft lot, offers the perfect blend of potential and location. Comprising seven 1-bedroom, 1-bathroom units and three 2-bedroom, 2-bathroom units, this property caters to a wide range of tenants. With 8 of the 10 units currently occupied, investors will enjoy immediate income generation. The two vacant units present an excellent opportunity for cosmetic enhancements to maximize rental income. Each unit comes with a dedicated parking spot, totaling 10 parking spaces. This highly desirable amenity enhances tenant satisfaction and retention. While structurally sound, this property is a blank canvas awaiting your vision. Cosmetic updates can significantly increase its value and rental appeal, offering an attractive ROI to the savvy investor. Located in the vibrant 92104 ZIP code, tenants have easy access to local amenities, public transportation, and major employment hubs. This multifamily property is a rare find for investors seeking to expand their portfolio with a project that promises both immediate returns and long-term capital appreciation. Whether you're looking to apply cosmetic updates to reposition the asset or hold it as a steady income source, 4020 Cherokee Ave offers a solid foundation for success.

NORTH PARK is HIP and happening, fun, buzzing, trendy, active, delicious, entertaining, and the place to be! Move right in to this affordable, clean and sharp unit, starting your new business that you have been dreaming of! Enjoy roof top deck and laundry provided by the The Palisade Gardens Condominiums. Gated parking space in back of building. Plenty of street parking on University and side streets. Buy it or rent to own.... THIS IS IT!

NORTH PARK is HIP and happening, fun, buzzing, trendy, active, delicious, entertaining, and the place to be! Move right in to this affordable, clean and sharp unit, starting your new business that you have been dreaming of! Enjoy roof top deck and laundry provided by the The Palisade Gardens Condominiums. Gated parking space in back of building. Plenty of street parking on University and side streets. Buy it or rent to own.... THIS IS IT!

Lowest price per door and 60+% 2brs this property has significant room for 30% upside in rents! Next owner gets all the upside without the heavy renovation costs. 1986 Construction, 11 two-bedroom units, 6-one bedroom, 1 studio features all new stucco/paint, vinyl windows, new appliances, quartz countertops, tiled in showers, private fenced in patios.

We are pleased to present "The Oliver", located at 4020-24 Iowa St. The unit mix features two (2) one-bedroom / one-bathroom units, two (2) two-bedroom / two-bathroom cottage style units, and one (1) three-bedroom / two-bathroom cottage style unit. The property boasts five (5) covered carports in the ally, two (2) subsurface parking spaces out front, and gated pedestrian access in the front and rear of the property. The Oliver underwent extensive interior and exterior renovation program in 2017 and has operated as a true pride of ownership asset since then. With ample parking, in unit laundry facilities, and a low density layout, "The Oliver" is poised for ease of management ownership. The subject property is located in North Park, one of the most coveted locations for renters in San Diego. The property boasts a walkability score of 96 which walkscore.com calls a walkers paradise. It is approximately one-and-one-half mile from Morley Field/Balboa Park which offers tennis courts, public pool, baseball fields, archery range, hiking trails, dog park, disk golf course, playground, and a speed track for bicyclist. Residents at the subject property enjoy immediate walking access to the many bars and restaurants on Adams Avenue, El Cajon Blvd and 30th Street. Lastly, residents enjoy easy access to Interstate 805 and are just minutes away from San Diegos largest employment centers including Downtown, Mission Valley, and Kearny Mesa. Please contact listing agent: Graeme Henderson Graeme.Henderson@marcusmillichap.com (503)929-9432

4/17 price reduction. Almost a 6 cap on Proforma. Property shows well. Less than $350,000 per unit. For sale is a stabilized multifamily investment property located at 4270 34th St. San Diego, Ca 92104, in the popular North Park Community. This is an 8 unit Huffman style apartment building property consisting of (5) 1bed / 1 bath units and (3) 2 bed / 1 bath units. All units are rented at or near market rents allowing the future owner to keep pace with rising rents. Located on the alley are (4) 1 car garages that can be converted into multiple ADU's adding tremendous value with relatively little investment dollars. Easy upside to a 5.7 cap by adding RUBS, laundry, parking income and increase units to market rents.

Do not disturb the tenants. Showings are by appointment only. The current tenants will vacate by close of escrow. HOA is $429.38 monthly. There are 2 assigned parking spaces for the unit, right behind the building with a back door entrance from the parking lot to the unit.

Do not disturb the tenants. Showings are by appointment only. The current tenants will vacate by close of escrow. HOA is $429.38 monthly. There are 2 assigned parking spaces for the unit, right behind the building with a back door entrance from the parking lot to the unit.