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Key Details
Sold Price $1,550,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision North Park
MLS Listing ID PV24119095
Sold Date 08/10/24
HOA Y/N No
Year Built 1925
Lot Size 7,000 Sqft
Property Description
North Park is known for its high rental demand, making it an ideal location for investors looking to secure steady rental income or developers looking to rebuild into new units (check with City)
This 3 unit property consisting of two 2 bedroom and 1 bath and one 3 bed 1 bath units ,offers significant potential for development, providing an excellent chance for growth and increased property value.
Situated in the heart of North Park, residents will enjoy easy access to trendy cafes, boutique shops, parks, and vibrant nightlife. The community's charm and convenience make it a highly desirable area to live.
Benefit from the high rental market and secure a solid return on investment.
Utilize the development opportunity to enhance and expand the property, increasing long-term value.
Or Live in one unit and rent out the others, offsetting your mortgage and enjoying passive income.
Location
State CA
County San Diego
Area 92104 - North Park
Zoning RM-3-9
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Fireplace No
Laundry Inside
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs
Total Parking Spaces 1
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4456910900
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Trade
Special Listing Condition Standard
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Bought with Theresa Crowder • State Houses Real Estate, Inc.
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