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Key Details
Sold Price $3,000,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 250046288SD
Lot Size 6,995 Sqft
Property Sub-Type Mixed Use
Property Description
$200K PRICE IMPROVEMENT!!! 9 Unit Apartment Building in North Park For Sale! 4.5% CAP RATE. 14.9 GRM. Property is gated with intercom access, 4 Garages in the alley and 4 tandem off-street parking spaces in front. The property is conveniently located across the street from the North Park Recreation Center and Community Park and in walking distance to multiple eateries. Unit interiors have been substantially renovated, and the concrete parking area in front was recently replaced. Large multifamily housing project on the North side of the property is currently under construction and may lead to a significant positive effect on the 4052 Oregon Street's market rents once project is completed and fully leased. ---Bring all offers / Owner may consider a seller carry back---
Location
State CA
County San Diego
Area 92104 - North Park
Interior
Heating Wall Furnace
Exterior
Roof Type Composition
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Daniel Melroy Melroy Investments Inc

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