REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,775,000
Est. payment | /mo
$ 1,775,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240020546
Property Description
We are pleased to present this six-unit investment property in the vibrant and highly desirable North Park neighborhood of San Diego. The gated 6-unit community comprises five (5) 1 BD/1 BA, and one (1) studio apartment. Additionally, the property has 6 off-street parking spots, separate laundry, and maintenance storage. Known for its strong rental market, North Park offers investors a chance to capitalize on an area that combines consistent demand with proximity to some of the city’s most iconic landmarks. The parcel comes with an age-restricted Conditional Use Permit (CUP) that allows for higher-density development, provided that at least one resident in each unit is 62 years of age or older. This CUP is designed to facilitate the creation of much-needed housing tailored to the needs of older adults. This property offers an investor the opportunity to own a multifamily asset in one of San Diego’s most sought-after neighborhoods, known for its high walkability and vibrant community.
Location
State CA
County San Diego
Area North Park (92104)
Exterior
Total Parking Spaces 6
Building
Story 2
Lot Size Range .25 Acres or less
Others
Space Rent $103,620
Listed by Doug Taber • Keller Williams Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "