Photo of Tom Chek

Tom Chek

DRE# 01726400

760.335.6700



$3,500,000

  • COMMERCIAL-RES INCOME
  • ACTIVE
  • MLS# 190005681

Description

Reduced to $3,500,000! 10 Units - North Park! Incredibly unique complex, with Eight 1BR-1BA Bungalow Units - 497 Sq Ft each + Two 2BR-1BA units 844 Sq Ft. Prime North Park location - walking distance to all amenities. Units are currently rented well under-market - 1BR's estimated rent $1,800 each - 2BR's estimated rent $2,600. Garages could add $100 per space estimated. Gated & secured complex - fully fenced & key entry. Over $100,000 in upgrades since 2015 - Newer roofs & rain gutters - newer windows - low maintenance yard - fresh stucco upgrades - fresh paint - garage enhancements. Urban living at it's finest makes this a winner. Current rents are well below market - rental amounts estimated herein are not guaranteed

Property Details

Property type:
Commercial-Res Income
Number of Buildings:
9
Number of Stories:
2
Number of Units w/Garage:
8
Total Number of Parking Spaces:
8

Location

County:
San Diego

Directions

Mapquest, WAZE

Additional Details

Number of Units:
10
Number of Stories:
2
Total Monthly Rent:
$11,925
Price Per Unit:
$375,000
Down Payment:
$937
Gross Equity:
$3,750,000
Existing Finance:
Other/Remarks
SqFt of Improvement:
5,664
Lot Size:
.25 Acres or less
Lot Square Footage:
10,496
Assessors Parcel #:
446-363-24-00
Zoning:
C-C-3-6
Tenant Pays Gas:
Yes
Tenant Pays Electric:
Yes
Units with Disposals:
10
Units with Ranges:
10
Flood Zone:
Hazard Unknown
Geological Hazard Zone:
Hazard Unknown
Cooling:
Wall/Window
Exterior:
Front Sprinklers, Fully Landscaped, Remarks
Heating Equipment:
Floor Furnace, Wall, Other/Remarks
Roof:
Composition
Parking:
Garages, Other/Remarks

Unit Details

Unit 1
Number of Units:
8
Number of Bedrooms:
1
Number of Baths:
1
Unit 2
Number of Units:
2
Number of Bedrooms:
2
Number of Baths:
1

Dimensions

Lot:
75 x 140

Features

Amenities:
Other/Remarks
Floor Coverings:
Hardwood, Vinyl, Wall to Wall Carpet, Other/Remarks
Construction Features:
Frame, Stucco

Listing provided by

Best Homes Team
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North Park

North Park’s residential neighborhoods feature elegant and varied architectural styles, including Craftsman, California bungalow, Spanish/Mission Revival and Mediterranean. Because many of the houses were designed by renowned designer David Owen Dryden, the area is home to the Dryden Historic District. In 2012, Forbes magazine named North Park as one of America's best hipster neighbo... Read More

Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.


Presented By
Tom
Chek

DRE# 01726400

760.335.6700

Email Me
Presented By
Tom
Chek

DRE# 01726400

760.335.6700

Email Me

Willis Allen Real EstateThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 Sandicor®, Inc.