$1,600,000

Estimated payment $10,301/month

Total Views 4,109
4 Beds
3 Baths
2,000 Sq Ft
$800 Price per Sq Ft

Highlights

  • Partially Fenced Property
  • Level Lot
  • 1-Story Property
  • McKinley Elementary School Rated A

About This Home

Prime North Park House + Duplex. Desirable location within walking distance to Balboa Park and North Park amenities. 91 Walk Score (Walker's Paradise). Residents enjoy North Park's vibrant ambiance and top-rated restuarants, boutique breweries and nightlife. Easy access to Balboa Park with golf, tennis, frisbee tennis, hiking, biking, museums and more. Property includes a 2 bed, 1 bath house plus two 1 bed units. Units enjoy private yards, upgraded kitchens and bathrooms, new windows, and hard wood floors. Newer roof on duplex and upgraded electrical and plumbing. Future development potential due to Complete Communities 6.5 FAR or ADU's.

Listing Agent

ray adams

Ray Adams Investment Real Estate Inc License #00989238 Listed on: 07/21/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 6,360 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Irrigation

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4535510600

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $59,009

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Redwood
  • Neighborhood: Balboa Park
  • LP / Sq Ft: 24.95
  • Stories: 1 Story
  • Total Stories: 1
  • Year Built: 1926
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: NORTH PARK

Lot Info

  • Irrigation: Manual
  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Curbs
  • Topography: Level
  • Zoning: FAR 6.5
  • Assessor Parcel Number: 4535510600
  • Estimated Lot Sq Ft: 6360

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 59009
  • Annual Expense Actual: 30910
  • Annual Expense Projected: 30910
  • Gross Rent Multiplier Actual: 17.3
  • Gross Rent Multiplier Projected: 16.3
  • Gross Sched Income Actual: 92700
  • Gross Sched Income Projected: 97980
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $1,600,000 -- $800 / Sq Ft
Source: San Diego MLS

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Source: San Diego MLS

MLS Number: 250034076

San Diego MLS