$2,101,000
$2,168,800
3.1%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
8 Baths
SOLD DATE : 11/20/2023
Key Details
Sold Price $2,101,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision North Park
MLS Listing ID 230019372
Sold Date 11/20/23
Bedrooms 12
Full Baths 8
Year Built 1990
Property Sub-Type Res Income 2-4 Units
Property Description
REDUCED $100K (10/25)! RARE FIND FOURPLEX offering four 3bed/2bath units fully rented with long-term leases! Located in the heart of San Diego with ample access to freeways, transportation, jobs, entertainment, and North Park nightlife blocks away. All units in great shape with two offering new kitchens installed within the last year. The property was completely rebuilt in 1990 (no cast-iron!). Property location qualifies the subject for add-value considerations under the Complete Communities zone (subject tier 3 FAR 6.5), Transit Priority Area zone, and the Opportunity Zone, which may qualify for substantial tax benefits. Tesla Solar installed passes on thousands of dollars in savings each year towards tenant electric bills Don't miss your chance to own a fantastic long-term rental with strong rents and leases in place!
Location
State CA
County San Diego
Area Metro Uptown
Zoning CT 5-4
Direction Best to Utilize GPS.
Interior
Cooling Wall/Window
Fireplace No
Exterior
Fence Partial
Utilities Available Sewer Connected
View Y/N Yes
Water Access Desc Meter on Property
View Other/Remarks
Roof Type Composition
Building
Story 2
Water Meter on Property
Level or Stories 2
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Bought with Kimberly Schmidt Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "