$1,475,000
PENDING

Estimated payment $9,644/month

Total Views 5,081
7 Beds
4 Baths
2,350 Sq Ft
$628 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Tankless Water Heater
  • Gated Home
  • Gated Community
  • Laundry Facilities
  • 5-minute walk to Teralta Park

About This Home

Introducing a fully renovated 3-unit gem in the heart of Cherokee Point, perfectly positioned between North Park and Normal Heights! This exceptional property features three detached units, each boasting modern upgrades and incredible investment potential. The front house is a spacious 1,100 sq. ft., 3-bedroom, 2-bath beauty. The middle unit offers a comfortable 600 sq. ft. with 2 bedrooms and 1 bath, while the back unit is a charming 650 sq. ft., 2-bedroom, 1-bath retreat with alley access, complete with gated parking for up to 3 vehicles. All units have been meticulously updated with new roofs, cabinets, counters, bathrooms, appliances, plumbing, HVAC systems, and three tankless water heaters. The property also features fresh landscaping, new interior/exterior doors, updated driveways, and beautifully refinished flooring. An onsite laundry building with two stacked units adds convenience for tenants. With close proximity to the 15 and 805 freeways, walking distance to trendy eateries along University Avenue, and easy access to public transportation, this location is ideal for long-term tenants, traveling nurses, or Airbnb guests. The fenced private yard is perfect for children or pets, making this a versatile and desirable rental opportunity. Whether you're looking for a solid long-term investment or a property with strong Airbnb potential (Airbnb analysis available), this 3-unit masterpiece checks all the boxes. Don't miss out on this rare opportunity!

Listing Agent

Brian Duarte

Millennial Realty Group License #01468181 Listed on: 10/18/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Parking

  • Alley Access
  • RV Access or Parking

Utilities

  • Heating Available
  • Separate Water Meter
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4474220900

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Normal Heights Community

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Gated Community

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: University
  • Neighborhood: Normal Heights
  • Stories: 1 Story
  • Total Stories: 1
  • Year Built: 1926
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 4
  • Prkng Non Garage Spac U3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Garage/Parking

  • Parking for RV: On-Site Parking, Potential Space

Utilities

  • Cooling: Central Forced Air
  • Security: Gated Community
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Tankless

Condo/Co-op/Association

  • Complex Name: Normal Heights
  • Pets Allowed: Yes
  • Community: NORMAL HEIGHTS
  • Complex Features: Gated Community, Laundry Facilities

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 4474220900

Rental Info

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

Multi Family

  • No. of Units: 3
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

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
11/29/2024 11/29/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $1,475,000 +202.9% $628 / Sq Ft
11/23/2015 11/23/15 Sold $487,000 -2.4% $216 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
09/02/2015 09/02/15 For Sale $499,000 -- $222 / Sq Ft
Source: San Diego MLS

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Source: San Diego MLS

MLS Number: 240024780

San Diego MLS

APN: 447-422-09-00