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Listing 17 out of 500
$2,499,000 For Sale

3853 Cherokee Ave
San Diego, CA 92104

13 units | Multi Family 5+ - MLS# 180056883
Property Photo
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Description

Great VALUE-ADD MULTI-FAMILY OPPORTUNITY in San Diego for INVESTORS. 13-Units situated on a 14,000 sqft lot located in the up and coming Cherokee point neighborhood in and around the vibrant communities of North Park / City Heights / Normal Heights. This great VALUE-ADD MULTI-FAMILY OPPORTUNITY in San Diego for INVESTORS has strong current cash-flow and also has fantastic rental income upside that the new owner can take advantage of since CURRENT RENTS ARE WELL BELOW MARKET. The sale of this great VALUE-ADD MULTI-FAMILY OPPORTUNITY for INVESTORS consists of two separate parcels: Property #1 is located at 3853-3859 Cherokee Ave (APN# 447-472-06-00); and Property #2 is located at 3861-3865 Cherokee Ave (APN# 447-472-05-00). Property #1 consists of EIGHT 1-bed / 1-bath units and THREE Studio units situated on a 7,701 sqft lot. Property #2 consists of TWO 2-bed / 2-bath multi-family units situated on a 6,299 sqft lot. This great VALUE-ADD MULTI-FAMILY OPPORTUNITY in San Diego. See supplements for proforma.

Features

  • Property Type: Multi Family 5+
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: San Diego County
  • Zip Code: 92104
  • Stories: 1 Story, 2 Story
  • Units: 13 units
  • Actual Gross Schd Income: 130200
  • Actual Operating Expense: 18180
  • Gross Equity: 100
  • Laundry: Owned
  • Listing Area: NORTH PARK (92104)
  • Parking: Garages, Spaces
  • Siding: Remarks
  • SqFt Source: Buyer to Verify
  • SqFt of Improvement: 8150
Courtesy of Titan Pacific Group Inc

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Travis Winfield
Travis Winfield
Big Block Realty
San Diego, CA 92108

619-888-2954
Contact Us

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Travis Winfield | CA DRE# 01895786 | 619-888-2954 | Contact Us
BBR Temecula office -  27450 Ynez Rd #316, Temecula, CA 92591-4638 
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