3780-3782 Arizona Street, North Park, CA 92104

$1,574,999
List Price
$1,574,999
Price Change
▼ $24,000 1714017678
Days on Market
126
Status
ACTIVE
MLS#
240002673
Lot Size(Range)
4,000-7,499 SF
City
North Park
Neighborhood
North Park
Complex/Building Name
Pauly Addition
Property Type
Multifamily
Year Built
1939

Property Description

FHA ASSUMABLE LOAN AT 3.875% & CASH COW PROPERTY! Motivated Seller and Incredible Opportunity! Zoning Permits for up to 30ft Max Structure Height, thanks to Complete Communities, Unlimited Potential! Live In One and Rent Out the Other, Lay Back and Watch the Endless Cash-Flow, or Build the investment of your DREAMS, Thanks to TPA too! Your Beautiful Modern Craftsman Homes offers 2700 Additional Buildable Square Footage Not Including the THREE STRUCTURES Already On the Premise (That Can Be Built to 3-Stories EACH!) Both Units Have Been Renovated in 2022 and The Front Home Has Been a Successful AirBnB for a Year (Grossing Roughly $116,628, just the front home Maintaining an Occupancy Rate of 93%!) and Back Unit is Tenant Occupied and Has a Potential AirBnB Gross Profit of $54,120! Detached Garage Serves As An Easy Conversion to a 1-Bedroom Unit!! Neither Home Spares Any Expense in Upgrades! French Oak Floors, Light and Bright Kitchen With Beautiful Overhang Island, Resort-Style Master Bathroom with 12 SHOWER HEADS (Including 2 Rainfall Shower Trims), Spanish Tile in Both Bathrooms, Smart HALO Dimmable Can-less Lights Throughout, and HUGE Front & Back Yards, Custom Painted North Park Mural! Back Home has Hard Oak Floors, Calcutta Unique Countertops, and a European Flow! 3 min Walk to 30th Street, 5 min Walk to Hillcrest, 3 min Walk to Balboa Park, and 5 min Drive to Downtown! Taking Over this Substantial Property Can Bring in a Profit of $170,748/$14,229 per Month!!! Hard to Ask for a Better Opportunity! Check out the Virtual Tour to see the Renovations of 3782 (Back House)

Additional Information

Building Name
Pauly Addition
Lot Size Range
4,000-7,499 SF
Neighborhood
North Park
Stories
1 Story
Style
Res Income 2-4 Units
Year Built
1939

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Christopher T Burgos (754-777-3333) from Listing Office: Coldwell Banker West.

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