Great Northpark Opportunity! Option 1: House hack living in the rear unit and rent the front unit Option 2: Rent both units with a 5% CAP rate Option 3: Increase cash flow by redeveloping the property into a 4 Units. Whichever option you choose, this property sits on a 6000 square foot lot in the highly desirable Northpark area of San Diego. Great restaurants within walking distance and close to Balboa Park and Downtown San Diego. Front unit currently rented month to month to a long term tenant. Single car garage available for each unit and large back yard. Extra long driveway and plenty of street parking as well. Each unit individually metered for electric and gas. Please do not disturb tenants in front unit.
MLS# | OC20237196 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1951 |
Days On Site | 62 |
SQ Feet | 1,472 |
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Units | 2 |
Building(s) | 1 |
Area Information | |
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State | CA |
County | San Diego |
City | San Diego |
Zip Code | 92104 |
Area | 92104 - North Park92104 - North Park |
Listing VS Median (in 92104) | |
Price: $979,000 low | high Med: $799,900 SqFt: 1,472 low | high Med: 1,199 $ / SqFt: $665 low | high Med: $667 On Site: 62 low | high Med: 76 |