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Key Details
Sold Price $1,750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Park
MLS Listing ID 240020562SD
Sold Date 09/30/24
HOA Y/N No
Year Built 1926
Lot Size 3,593 Sqft
Property Description
INCREDIBLE OPPORTUNITY TO OWN THE MOST DESIRABLE INVESTMENT PROPERTY IN THE HIGHLY COVETED MORLEY FIELD AREA! Just steps away from Morley Field, Balboa Park and the vibrant North Park scene. This beautiful tri-plex is perfect for an investor, a 1031 exchange, or to purchase and live in 1 unit and rent the other 2 out. All 3 units are @ 700 sq. ft., 2 bedrooms, 1 bath units with indoor laundry and 3 individual small garages. This tri-plex is a true money maker and too adorable for words. The seller has invested well over $300,000 in the last couple of years on remodeling and infrastructure improvements. 2 of the units have been completely remodeled and updated including interior paint, remodeled kitchens, new appliances, refrigerators, and remodeled bathrooms. The plumbing and electrical has been updated as well. Exterior upgrades and infrastructure improvements include: complete exterior paint, new retaining wall, french drains, sump pump, back patio decking, plumbing, lateral sewer line hydro-jetted and vinyl lining. Enjoy the convenience of this low maintenance yard. The location, the attention to detail and the incredible value makes this a perfect investment opportunity! Some photos feature virtual staging.
Location
State CA
County San Diego
Area 92104 - North Park
Interior
Heating Combination, Natural Gas
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4533821700
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Financing VA
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Bought with Seth Boisvert • Big Block Realty, Inc.