3853 Cherokee Ave

  • San Diego

  • $2,499,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
Great VALUE-ADD MULTI-FAMILY OPPORTUNITY in San Diego for INVESTORS. 13-Units situated on a 14,000 sqft lot located in the up and coming Cherokee point neighborhood in and around the vibrant communities of North Park / City Heights / Normal Heights. This great VALUE-ADD MULTI-FAMILY OPPORTUNITY in San Diego for INVESTORS has strong current cash-flow and also has fantastic rental income upside that the new owner can take advantage of since CURRENT RENTS ARE WELL BELOW MARKET. The sale of this great VALUE-ADD MULTI-FAMILY OPPORTUNITY for INVESTORS consists of two separate parcels: Property #1 is located at 3853-3859 Cherokee Ave (APN# 447-472-06-00); and Property #2 is located at 3861-3865 Cherokee Ave (APN# 447-472-05-00). Property #1 consists of EIGHT 1-bed / 1-bath units and THREE Studio units situated on a 7,701 sqft lot. Property #2 consists of TWO 2-bed / 2-bath multi-family units situated on a 6,299 sqft lot. This great VALUE-ADD MULTI-FAMILY OPPORTUNITY in San Diego. See supplements for proforma.
Essential
MLS #180056883
Sub-TypeCommercial/Residential
CountySan Diego
StateCA
StatusActive
Listing BrokerageTitan Pacific Group Inc
Listing AgentOmid Yousofi
Listing Agent BRE #01702974
Co-Listing AgentMilaad Forootan

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Based on information from California Regional Multiple Listing Service, Inc. as of Monday, October 15, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.