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$1,627,450
9 Beds 5 Baths 260021656 MLS ACTIVE Status Cherokee Point BLDG.
Great investment opportunity to own a recently renovated Triplex in Cherokee Point with 4th 2 bed 2bath house in plans. Close proximity to downtown and Balboa Park. The Cherokee Point neighborhood is also landlocked between the 805 and 15 freeways, providing a quieter living experience compared to other parts of North Park, while still giving you easy access to all North Park has to offer including shopping, restaurants and activities. Which makes this a highly desirable location for a high performance investment. The property consists of 3 fully leased dwellings, Two 3 bedroom Houses and One 1 Bedroom. There are plans in the city for permits on an additional 2bed 2bath house. All houses have been upgraded with Newer Kitchens and Baths, LED lighting throughout, Ceiling Fans in every room, A/C and Heating, Washer and Dryer also included. This Houses are all individually Fully fenced yard and has Parking for multiple vehicles. Tenants pay all utilities. Currently priced with a 5.2 CAP. Proforma with adding the 4th dwelling will bring you over a 7plus CAP. Great turnkey investment with leases plus value-add opportunities. Great investment opportunity to own a recently renovated Triplex in Cherokee Point with 4th 2 bed 2bath house in plans. Close proximity to downtown and Balboa Park. The Cherokee Point neighborhood is also landlocked between the 805 and 15 freeways, providing a quieter living experience compared to other parts of North Park, while still giving you easy access to all North Park has to offer including shopping, restaurants and activities. Which makes this a highly desirable location for a high performance investment. The property consists of 3 fully leased dwellings, Two 3 bedroom Houses and One 1 Bedroom. There are plans in the city for permits on an additional 2bed 2bath house. All houses have been upgraded with Newer Kitchens and Baths, LED lighting throughout, Ceiling Fans in every room, A/C and Heating, Washer and Dryer also included. This Houses are all individually Fully fenced yard and has Parking for multiple vehicles. Tenants pay all utilities. Currently priced with a 5.2 CAP. Proforma with adding the 4th dwelling will bring you over a 7plus CAP. Great turnkey investment with leases plus value-add opportunities.

3448-50 Cherokee, North Park

$1,899,000
4 Beds 5 Baths 260019822 MLS ACTIVE Status
Holy cow! A big single family home in the heart of North Park?! Walkable to everything? Who knew? Yard space, 2 balconies, 5 parking spots, everything is new - built in 2019. The unassuming exterior does not prepare you for the amazing interior! This home has it all, multiple-zoned HVAC, laundry room, Cat 5 internet, recessed lighting, dual-pane windows, custom open-concept kitchen with a huge island. Every bedroom has its own private bathroom AND there is a powder room downstairs for guests. Multi-generational living is perfect with the full bed/bath downstairs and a loft upstairs that can allow for a second tv/living space. There are high ceilings throughout, a low-maintenance fireplace, and no carpet. If you are looking for an investment property in SD, this house is perfect. No HOA means short-term rentals are allowed. This is the best way to live in North Park, in a sizable home, and not have to worry about old plumbing and old electrical. Newly built and ready for you! Come check it out!!

4067 Ohio, North Park

$2,395,000
5 Beds 5 Baths 260019680 MLS ACTIVE Status . BLDG.
Artful design by architect Jeff Svitka brings an immaculate 1920s craftsman to life with a seamless modern masterpiece creating this unique four unit income property in the heart of North Park Priced to sell. This incredibly well-performing income property stays constantly occupied and commands a premium in one of San Diego's strongest rental markets. The 2 bed plus office / 2 bath Craftsman has been tastefully remodeled while maintaining the charm that is so highly desired and expected in a historic 1920s craftsman and sit's very privately on the lot with it's own private yard. In the back, the 3 story build completed in 2023 is a work of art that combines modern aesthetic and outdoor living into remarkable units adorned with high end finishes including wood floors and handmade tiles. The impressive glass walls flood each unit with light and the integrated gardens bring life to each unit. The third floor has panoramic views through to the Coronado bridge and the rooftop prepped for a rooftop deck enclosed with gardens presenting an opportunity to add immediate value to the property. All units are separately metered for gas and electric. There are 2 water meters. Owned Solar. In-Unit laundry for each unit. AC for each unit. Parking for each unit including 2 garages.

3760-66 Pershing Ave, North Park

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