3853 Cherokee Ave, North Park, CA 92104

$2,499,000
List Price
$2,499,000
Days on Market
6
Status
ACTIVE
MLS#
180056883
Property Type
Multifamily

Property Description

Great VALUE-ADD MULTI-FAMILY OPPORTUNITY in San Diego for INVESTORS. 13-Units situated on a 14,000 sqft lot located in the up and coming Cherokee point neighborhood in and around the vibrant communities of North Park / City Heights / Normal Heights. This great VALUE-ADD MULTI-FAMILY OPPORTUNITY in San Diego for INVESTORS has strong current cash-flow and also has fantastic rental income upside that the new owner can take advantage of since CURRENT RENTS ARE WELL BELOW MARKET. The sale of this great VALUE-ADD MULTI-FAMILY OPPORTUNITY for INVESTORS consists of two separate parcels: Property #1 is located at 3853-3859 Cherokee Ave (APN# 447-472-06-00); and Property #2 is located at 3861-3865 Cherokee Ave (APN# 447-472-05-00). Property #1 consists of EIGHT 1-bed / 1-bath units and THREE Studio units situated on a 7,701 sqft lot. Property #2 consists of TWO 2-bed / 2-bath multi-family units situated on a 6,299 sqft lot. This great VALUE-ADD MULTI-FAMILY OPPORTUNITY in San Diego. See supplements for proforma.

Additional Information

Construction
Other/Remarks
Cooling
Other
Laundry
Owned
Roof
Other/Remarks
Stories
1 Story, 2 Story
Style
Com-Res Income

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Titan Pacific Group Inc

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