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Key Details
Sold Price $1,675,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision North Park
MLS Listing ID 240000925
Sold Date 03/13/24
Bedrooms 7
Full Baths 5
HOA Y/N No
Year Built 1927
Lot Size 6,192 Sqft
Property Description
REDUCED FOR QUICK ESCROW ! Investor's Delight! This remarkable multi-unit property is comprised of a brand new 3 bed/2 bath main house, 1 bed/1 bath ADU up above, a detached 2 bed/1 bath residence, and a 1 bed/1 bath cottage, each with their own separate access, parking, and exclusive use yards. Upgrades include stainless steel appliances, quartz countertops, custom cabinets, driftwood style plank flooring, dual pane windows, premium fixtures, and many other superior finishes throughout. 4338 Cherokee Avenue is conveniently located in the heart of North Park where residents can enjoy easy access to freeways, schools, shopping, dining, nightlife, and endless nearby attractions. With nearly $10,000 in both current and projected monthly rents, this is an excellent value for investors and buyers who want to own or live in San Diego's most desirable metro area neighborhood, while collecting a solid rental income at the same time.
Location
State CA
County San Diego
Community North Park
Area North Park (92104)
Building/Complex Name NA
Zoning R-3:RESTRI
Interior
Cooling Other/Remarks
Fireplaces Number 1
Exterior
Exterior Feature Stucco
Fence Partial
Roof Type Composition
Building
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $82
Acceptable Financing Cash, Conventional, Exchange, VA
Space Rent $1,750
Listing Terms Cash, Conventional, Exchange, VA
Financing Exchange
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Bought with Samantha M Berns • HomeSmart Realty West