SOLD
$3,375,000
Date 09/28/2022

Address Not Available
San Diego, CA 92104

Mixed Use
Residence
0.1608
Lot Size
Listing Agent: James Carter CalDRE: 01352336 - Apartment Realty Group (ARG)

Description for Address Not Available San Diego, CA 92104

-Prime Central San Diego Location – North Park -Value-Add Opportunity (78% Upside in Rents) -Excellent Unit Mix of 1Bdrm & 3Bdrm Units -High Demand Rental Market -Garages and Off-Street Parking -Spacious Floor Plans -Easy Access to Local Services and Major Freeways -Located Near Shops, Restaurants and Transportation The Iowa Street Apartments, a nine (9) unit apartment complex in North Park, San Diego, represents a unique value-add investment opportunity. There is substantial upside in rental income (approximately78%). The subject property is located on a 7,004sf lot consisting of three (3) 3bedroom /1.5bathroom and six(6)1bedroom /1bathroom units. The property has ample off-street parking plus two (2) double-car garages. ***The identical building located at 3960 Idaho Street is also listed for sale and can be sold to the same buyer for a total of 18-Units.*** Ideal value-add opportunity located in one of San Diego's best rental markets.

Property Details

220019167SD
Mixed Use, Other
San Diego
0.1608 Acres
Block,Stucco
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Listing Agent: James Carter CalDRE: 01352336 - Apartment Realty Group (ARG)
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