$2,450,000
PENDING $345K PRICE DROP

Estimated payment $16,021/month

Total Views 12,125
8 Beds
6 Baths
3,850 Sq Ft
$636 Price per Sq Ft

Highlights

  • Tankless Water Heater
  • Property is Fully Fenced
  • Gravity Heating System
  • Jefferson Elementary Rated A-
  • Wood Siding

About This Home

LIVE IN LUXURY, EARN WITH RENTALS – BRAND-NEW NORTH PARK HOME + INCOME PRODUCING DUPLEX! (3 TOTAL UNITS) A rare opportunity to own a brand-new, custom-built 4-bed, 3.5-bath front house plus a stacked duplex with two 2-bed, 1-bath units in North Park. Nothing else like it exists in the area. Perfect for an owner-occupant seeking rental income or an investor targeting a high-demand location. The modern front house features Light Oak 7” wood plank floors, 10-ft ceilings, and a spacious great room with 12-ft, 4-panel sliding doors leading to enclosed front and back patios, ideal for indoor-outdoor living, fire pits, and gatherings. The chef’s kitchen boasts European cabinetry, a butler’s pantry, hidden panel-matched fridge & dishwasher, and a large island with a waterfall edge. A 6-burner professional gas range completes the space. The primary suite includes a private balcony, a custom wardrobe room with built-ins, and shelving for a showcase of 50+ shoes. The spa-like bath features a glass-enclosed shower, soaking tub, dual vanity, and a separate toilet room. An ensuite bedroom downstairs and a bonus media space upstairs offer flexibility. Designed for energy efficiency, the property includes an owned 18-panel solar system (Net Metering 2.0), all-electric HVAC, and a 240V EV charger. The back duplex features private yards, separate gas/electric meters, and one parking space per unit. The top unit has a new roof and tankless water heater. With interior updates rental income could more than double, making this a prime value-add opportunity. Brand-new construction for the front house—nothing like it in North Park. Back duplex is an excellent value-add opportunity with potential to double rental income.

Listing Agent

Daniella Wiseman

18 Doors Real Estate License #01966153 Listed on: 03/05/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024

Lot Details

  • 6,600 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gravity Heating System
  • Separate Water Meter
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 451-748-13-06

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Landis St
  • Neighborhood: North Park
  • Supplement: Brand-new construction for the front house—nothing like it in North Park. Back duplex is an excellent value-add opportunity with potential to double rental income.
  • Stories: 2 Story
  • Total Stories: 2
  • Year Built: 2024
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco, Wood
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air, Heat Pump(s)
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas, Tankless
  • Heat Equipment: Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: NORTH PARK

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 451-748-13-06
  • Estimated Lot Sq Ft: 6600

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 3
  • Annual Expense Actual: 9000
  • Gross Rent Multiplier Actual: 1.0
  • Gross Sched Income Actual: 20400
  • Gross Sched Income Projected: 168000
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1

Map

Range of Values:

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Average Value
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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
07/06/2025 07/06/25 Pending -- -- --
06/26/2025 06/26/25 Price Changed $2,450,000 -4.9% $636 / Sq Ft
06/22/2025 06/22/25 Price Changed $2,575,000 -0.8% $669 / Sq Ft
05/16/2025 05/16/25 Price Changed $2,595,000 -2.1% $674 / Sq Ft
04/23/2025 04/23/25 Price Changed $2,650,000 -2.8% $688 / Sq Ft
03/28/2025 03/28/25 Price Changed $2,725,000 -2.5% $708 / Sq Ft
03/05/2025 03/05/25 For Sale $2,795,000 -- $726 / Sq Ft
Source: San Diego MLS

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Source: San Diego MLS

MLS Number: 250020567

San Diego MLS

APN: 453-202-22-00