$2,000,000

  • COMMERCIAL-RES INCOME
  • ACTIVE
  • MLS# 180061744

Description

Situated on the Corner of North Park Way and Granada Avenue in prime North Park, this 3 structure property offers tremendous upside in rents and future development potential. The property consists of over 7,538 square feet of structure on a 7,749 square foot lot and boasts a large owner’s 2 Bed / 2 Bath unit with a den, office, and laundry room as well as two 2 Bed / 1 Bath units, five 1 Bed / 1 Bath units and 2 single car garages. There is an additional laundry room, courtyard and a large print shop / storage room with a bathroom.

Property Details

Property type:
Commercial-Res Income
Number of Buildings:
3
Number of Stories:
2
Number of Units w/Garage:
2

Location

County:
San Diego

Additional Details

Number of Units:
8
Number of Leased Apartments:
5
Number of Stories:
2
Price Per Unit:
$250,000
Down Payment:
$2,000,000
Gross Equity:
$2,000,000
SqFt of Improvement:
7,538
Lot Square Footage:
7,749
Assessors Parcel #:
453-102-12-00

Unit Details

Unit 1
Number of Units:
1
Number of Bedrooms:
2
Number of Baths:
2
Unit 2
Number of Units:
2
Number of Bedrooms:
2
Number of Baths:
1
Rent:
$1,000
Unit Rental Total:
$2,000
Unit 3
Number of Units:
3
Number of Bedrooms:
1
Number of Baths:
1
Rent:
$600
Unit Rental Total:
$600
Unit 4
Number of Units:
2
Number of Baths:
1
Rent:
$500
Unit Rental Total:
$1,000

Listing provided by

South Coast Commercial, Inc.
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North Park

North Park’s residential neighborhoods feature elegant and varied architectural styles, including Craftsman, California bungalow, Spanish/Mission Revival and Mediterranean. Because many of the houses were designed by renowned designer David Owen Dryden, the area is home to the Dryden Historic District. In 2012, Forbes magazine named North Park as one of America's best hipster neighbo... Read More

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Presented By
Yvonne
Oberle

DRE# 01303501

619.316.3188

Email Me
Presented By
Yvonne
Oberle

DRE# 01303501

619.316.3188

Email Me

Willis Allen Real EstateThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.