$2,101,000
$2,168,800
3.1%For more information regarding the value of a property, please contact us for a free consultation.
4,700 Sqft Lot
SOLD DATE : 11/20/2023
Key Details
Sold Price $2,101,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Park
MLS Listing ID 230019372SD
Sold Date 11/20/23
HOA Y/N No
Year Built 1990
Lot Size 4,700 Sqft
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! Additional add-value options may exist through Complete Communities (located in tier 3 FAR 6.5) and being in a Transit Priority Area zone. 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 92104 - North Park
Building/Complex Name None
Zoning CT 5-4
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Fence Partial
Community Features Gated
View Y/N Yes
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4473840900
Security Features Gated Community
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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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! "
Scott Greenspan
Broker Owner