$1,050,000
$895,000
17.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
SOLD DATE : 01/25/2024
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision North Park
MLS Listing ID 230022835
Sold Date 01/25/24
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1924
Property Description
VALUE-ADD DUPLEX IN NORTH PARK This duplex in North Park, an early 1900s craftsman-style property, presents a prime opportunity for restoration or development. Located on a 5,095 square foot lot, it features dual street frontage in a vibrant area. The property's positioning within a transportation district hints at the potential for high-density development. The duplex comprises a two-bedroom, one-bathroom home and a one-bedroom, one-bathroom apartment above a two-car garage. However, it's important to note the significant deferred maintenance issues. As a result, the property currently doesn't qualify for conventional, FHA, or VA financing, indicating a need for substantial investment and repair. This could be an ideal project for investors or developers seeking a value-add property in a desirable location.
Location
State CA
County San Diego
Community North Park
Area North Park (92104)
Building/Complex Name West End
Interior
Fireplaces Number 1
Exterior
Exterior Feature Wood
Garage Spaces 2.0
Fence Partial
Roof Type Composition
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Other/Remarks
Pets Allowed Yes
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Bought with Simon Saran • Dolan Realty Company
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