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Key Details
Sold Price $1,750,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $2,500
Subdivision North Park
MLS Listing ID 240020562
Sold Date 09/30/24
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1926
Lot Size 3,594 Sqft
Property Description
INCREDIBLE OPPORTUNITY TO OWN THE MOST DESIRABLE INVESTMENT PROPERTY IN THE HIGHLY COVETED MORLEY FIELD AREA! Just steps away from Morley Field, Balboa Park and the vibrant North Park scene. This beautiful tri-plex is perfect for an investor, a 1031 exchange, or to purchase and live in 1 unit and rent the other 2 out. All 3 units are @ 700 sq. ft., 2 bedrooms, 1 bath units with indoor laundry and 3 individual small garages. This tri-plex is a true money maker and too adorable for words. The seller has invested well over $300,000 in the last couple of years on remodeling and infrastructure improvements. 2 of the units have been completely remodeled and updated including interior paint, remodeled kitchens, new appliances, refrigerators, and remodeled bathrooms. The plumbing and electrical has been updated as well. Exterior upgrades and infrastructure improvements include: complete exterior paint, new retaining wall, french drains, sump pump, back patio decking, plumbing, lateral sewer line hydro-jetted and vinyl lining. Enjoy the convenience of this low maintenance yard. The location, the attention to detail and the incredible value makes this a perfect investment opportunity! Some photos feature virtual staging.
Location
State CA
County San Diego
Community North Park
Area North Park (92104)
Interior
Heating Natural Gas
Fireplaces Number 2
Appliance Fireplace, Wall/Gravity
Exterior
Exterior Feature Wood, Other/Remarks
Parking Features Unit1:Detached Unit2:Detached Unit3:Attached
Fence Partial
Roof Type Composition
Building
Story 1
Lot Size Range 1-3999 SF
Sewer Sewer Connected
Water Meter on Property
Level or Stories 1 Story
Schools
Elementary Schools San Diego Unified School District
Middle Schools San Diego Unified School District
High Schools San Diego Unified School District
Others
Acceptable Financing Cash, Conventional, Exchange, VA
Listing Terms Cash, Conventional, Exchange, VA
Financing VA
Pets Allowed Yes
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Bought with Seth A Boisvert • Big Block Realty, Inc.