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4204 Boundary San Diego, CA 92104
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Key Details
Sold Price $3,010,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240001170SD
Property Description
Nestled in the heart of North Park, this investment opportunity beckons with a Spanish-style charm and abundant potential. Comprising of 10 spacious units, including a mix of 8 one-bedroom and 1 bathroom units, as well as 2 two-bedroom and 2 bathroom units, this multifamily property stands out for its versatile layout. Select units feature fenced patios, while a lavish garden adds a touch of tranquility to the surroundings. The property boasts a multistory design, enhancing its visual appeal. Two of the units will be vacant at the close of escrow allowing a new Buyer to commence whatever upgrades/improvements they desire. Situated in a prime North Park location, this investment holds significant value-add potential (approximately 100% of rental upside potential). Off-street parking, complemented by 3 garages, ensures convenience for residents. With on-site laundry facilities, the property caters to modern living needs. The potential for an Accessory Dwelling Unit (ADU) further enhances the investment appeal. Easy alley access adds a practical dimension to the property, making it a promising venture in one of San Diego's sought-after neighborhoods.
Location
State CA
County San Diego
Area 92104 - North Park
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Bought with Krista Losito • KB Investments