$1,295,000
$1,295,000
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6,969 Sqft Lot
SOLD DATE : 08/31/2018
Key Details
Sold Price $1,295,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Park
MLS Listing ID 180028490
Sold Date 08/31/18
HOA Y/N No
Year Built 1931
Lot Size 6,969 Sqft
Property Description
Located in "Hip & Trendy North Park", this well maintained 4 unit rental property is a great investment or owner occupant opportunity, that offers 4 separate gas & electric meters, 1 water meter and 4 large garages off the alley! All 4 units are occupied by very long term tenants, currently paying under market rent. Offers a main front house, 3 units behind, a great central courtyard, 3 units with beamed cathedral ceilings, etc. ALL TENANTS ON MONTH-TO-MONTH LEASES. A MUST SEE! Resting on a spacious 7,013 square foot lot in desirable North Park, this well maintained 4 unit property offers, (1.) ONE: 3 bedroom, 2 bathroom unit (Approximately 1,027 square feet) (Built in 1931), (2.) THREE: 2 bedroom, 1 bathroom units (Each unit a approximately 752 square feet) (Built in 1958), (3.) FOUR: Large garages off the alley in the rear of the property (Approximately 1,320 square feet, including laundry and storage rooms) (Built in 1958), (4.) ONE: Laundry room with coin operated washer & dryers, professionally managed by a independent company (no long term contract), (5.) ONE: Water Meter for all units, (6.) FOUR: Separate Gas and Electric Meters for each unit (In addition, each tenant manages and pays their own cable/internet/phone service). Neighborhoods: North Park Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 4162 Unit # for Unit 2: 4156 Unit # for Unit 3: 4158 Unit # for Unit 4: 4160 Number of Furnished Units: 0
Location
State CA
County San Diego
Area 92104 - North Park
Building/Complex Name North Park Bungalows
Zoning R-3:RESTRI
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Pool None
View Y/N Yes
Roof Type Composition,Rolled/Hot Mop
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Tax ID 4473112300
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Trade
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Bought with Jack Buckley • Peter Buckley
15910 Ventura Blvd. Suite 101 Encino CA 91436, Encino, CA, 91436, USA