33
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$1,627,450
Est. payment /mo
9 Beds
5 Baths
7,028 Sqft Lot
New
3448-50 Cherokee San Diego, CA 92104
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision North Park
MLS Listing ID 260021656
Bedrooms 9
Full Baths 5
Year Built 1937
Lot Size 7,028 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Great investment opportunity to own a recently renovated Triplex in Cherokee Point with 4th 2 bed 2bath house in plans. Close proximity to downtown and Balboa Park. The Cherokee Point neighborhood is also landlocked between the 805 and 15 freeways, providing a quieter living experience compared to other parts of North Park, while still giving you easy access to all North Park has to offer including shopping, restaurants and activities. Which makes this a highly desirable location for a high performance investment. The property consists of 3 fully leased dwellings, Two 3 bedroom Houses and One 1 Bedroom. There are plans in the city for permits on an additional 2bed 2bath house. All houses have been upgraded with Newer Kitchens and Baths, LED lighting throughout, Ceiling Fans in every room, A/C and Heating, Washer and Dryer also included. This Houses are all individually Fully fenced yard and has Parking for multiple vehicles. Tenants pay all utilities. Currently priced with a 5.2 CAP. Proforma with adding the 4th dwelling will bring you over a 7plus CAP. Great turnkey investment with leases plus value-add opportunities.
Location
State CA
County San Diego
Area Metro Uptown
Zoning R-2:MINOR
Direction GPS
Interior
Heating Zoned Areas, Forced Air Unit
Cooling Zoned Area(s)
Fireplace No
Exterior
Fence Full
Utilities Available Sewer Connected
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 447-703-11-00
Acceptable Financing Cash, Conventional, Exchange, FHA, Seller May Carry, Other/Remarks
Listing Terms Cash, Conventional, Exchange, FHA, Seller May Carry, Other/Remarks
Listed by Brian Jackel, DRE#01858355 Michael Stowers
NEARBY SCHOOL & BUSINESS
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