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Key Details
Sold Price $2,255,000
Property Type Single Family Home
Sub Type Com-Res Income
Listing Status Sold
Purchase Type For Sale
Square Footage 5,116 sqft
Price per Sqft $440
MLS Listing ID 250024907
Sold Date 08/12/25
Bedrooms 11
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
Situated in the hour glass of North Park, this well-maintained 7-unit apartment property offers a rare investment opportunity with immediate upside. With two vacant units and all tenants on month-to-month leases, new ownership can capitalize on strong existing financials while increasing rents to market rate. The 7,000 SF lot and favorable zoning present potential for ADU development (buyer to verify). The property features 11 bedrooms, 8 bathrooms, off-street parking, and is located just minutes from some of San Diego's best dining, shopping, and nightlife. A turn-key asset with day-one value-add potential in one of San Diego's most desirable rental markets.
Location
State CA
County San Diego
Area Metro Uptown
Zoning RM1-2
Interior
Heating Wall
Cooling Wall/Window
Flooring Slab, Wood
Fireplace No
Laundry Owned
Exterior
Parking Features Garages, Spaces
View Y/N No
Building
Story 2
Others
Tax ID 447-384-08-00
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Bought with Twana Rasoul Compass
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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