$1,675,000
$1,500,000
11.7%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
650 SqFt
SOLD DATE : 10/16/2024
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
Square Footage 650 sqft
Price per Sqft $2,576
Subdivision University Heights
MLS Listing ID 240021061
Sold Date 10/16/24
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1950
Lot Size 6,998 Sqft
Lot Dimensions 50' x 140' appr
Property Description
Fourplex property with 4 one-car garages in desirable University Heights/North Park location. 6,998 sf lot with Complete Communities zoning, Tier 3 (6.5 FAR). Excellent income potential at market rental rates. Potential to convert garages to ADU's. Walkable location with restaurants, bars and entertainment nearby. Great opportunity for investor, value add renovator or developer. Please drive by without distrubing any residents.
Location
State CA
County San Diego
Community University Heights
Area Normal Heights (92116)
Building/Complex Name Fourplex
Zoning RM 2-5 *
Interior
Heating Natural Gas
Appliance Wall/Gravity
Exterior
Exterior Feature Stucco
Garage Unit1:Attached Unit2:Attached Unit3:Attached Unit4:Attached
Fence Partial
Community Features Laundry Facilities, Other/Remarks
Complex Features Laundry Facilities, Other/Remarks
Roof Type Rolled/Hot Mop
Building
Lot Description Alley Access, Curbs, Public Street
Story 1
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Water Meter on Property
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $1,375
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Alexio Barbara • South Coast Commercial, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "