$ 2,300,000
4045 Cherokee Ave San Diego, CA 92104
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$ 2,300,000
Est. payment | /mo
7,004 Sqft Lot
$ 2,300,000
Est. payment | /mo
7,004 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240025551SD
HOA Y/N No
Lot Size 7,004 Sqft
Property Description
Excellent North Park - City Heights location in one of the most vibrant rental areas in Metro San Diego. This property consists of 3 two bedroom/one bath units and 6 one bedroom/one bath units with onsite laundry as well as parking with 4 spaces in the front and 5 spaces off the alley. Ideally located on a 7,005 square foot parcel, incredible opportunities exist for the new owner who wishes to renovate and personalize the interior and exterior spaces. This property has been in the same family for 49 years and has been well maintained with moderate updating. Walkscore.com rates this property as a 90 out of 100 with nearby parks and shopping, so daily errands may not require a car. Actual Operating Expenses listed here are an average for the years 2021-24. Gross Rent Multiplier uses actual gross scheduled rents. Square footage of improvements shown here is an estimate based upon the property management company's estimate of each unit. Cap rate is annualized and adjusted for Capital Expenditures
Location
State CA
County San Diego
Area 92104 - North Park
Interior
Fireplace No
Exterior
Total Parking Spaces 9
Others
Tax ID 4474120900
Listed by Brian Yaw • Scott & Quinn Real Estate