$2,980,000
$3,000,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/06/2024
Key Details
Sold Price $2,980,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240011466SD
Sold Date 08/06/24
HOA Y/N No
Property Description
9-Unit value add opportunity in premium location of North Park. Situated only one block south of University Avenue, the property is within walking distance to all the best North Park has to offer. Three blocks south of the property is San Diego’s world famous 1,200 acre Balboa Park. Built in 1962, the large units consists of a mix of (1) two bedroom / one bathroom unit, (7) one bedroom / one bathroom units and (1) studio unit. Attractive tenant offerings include: secure gated entry, on-site laundry, five open and four tuck-under parking spaces with tandem spots behind those. The tuck-under parking combined with the storage areas may potentially be converted to ADUs based on CA density bonus law. There are also several medium to large storage areas which may potentially add to existing unit’s bedroom counts.
Location
State CA
County San Diego
Area 92104 - North Park
Interior
Fireplace No
Exterior
Carport Spaces 4
Total Parking Spaces 13
Others
Tax ID 45306225
Financing Cash
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Bought with Thomas McCartin • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
310 Third Ave Suite # C-3, Chula Vista, California, 91910, United States