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$ 3,199,000
Est. payment | /mo
4,206 SqFt
$ 3,199,000
Est. payment | /mo
4,206 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,206 sqft
Price per Sqft $760
MLS Listing ID CL24455505
HOA Y/N No
Year Built 1986
Lot Size 7,022 Sqft
Acres 0.16
Property Description
Presenting an exceptional investment opportunity with a 5.1% Cap Rate in the highly desirable North Park area of San Diego. Located just three blocks from Morley Field and Balboa Park, this 4,710-square-foot, six-unit multifamily building offers tenants convenient access to a wide range of amenities, including tennis courts, a dog park, and expansive athletic facilities all within walking distance. This fully occupied, well-maintained property features two 1-bedroom, 1-bath units; three 2-bedroom, 1-bath units; and one 3-bedroom, 2-bath unit. It also features four 1-car garages, 6 uncovered parking spots, and ample off-street parking, a rare find in this neighborhood. Recent updates include upgraded kitchens and refreshed landscaping minimizing maintenance costs and maximizing return on investment. The spacious and thoughtfully designed units are in great condition, attracting quality tenants and offering robust rental income potential. Positioned in the heart of North Park, one of San Diego's trendiest and most vibrant neighborhoods, this property benefits from its proximity to popular local attractions, shopping, and dining hotspots. Residents can enjoy renowned restaurants like The Smoking Goat, Urban Solace, and Tribute Pizza, along with entertainment venues such as the Obser
Location
State CA
County San Diego
Area Listing
Zoning RM-1
Interior
Heating Forced Air
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 4530213000
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Brandon Meneses • The Beverly Hills Estates
GET MORE INFORMATION
Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com