3853 CHEROKEE AVENUE, SAN DIEGO CA 92104

  • 8,150 sq.ft.
offered at $2,499,000
MLS#:OC18245283
Status: Active // Property Type:
County: San Diego

Property Description

Great VALUE-ADD MULTI-FAMILY OPPORTUNITY in San Diego for INVESTORS. This great VALUE-ADD MULTI-FAMILY OPPORTUNITY in San Diego for INVESTORS is located in the up and coming Cherokee point neighborhood that is situated 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 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 multi-family 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 6,298 sqft lot. This great VALUE-ADD MULTI-FAMILY OPPORTUNITY in San Diego lies WITHIN A VERY STRONG RENTAL MARKET with FANTASTIC GROWTH POTENTIAL as it is situated within San Diego's Transit Priority Area in and around the vibrant communities of North Park / City Heights / Normal Heights. Don't miss this great VALUE-ADD MULTI-FAMILY OPPORTUNITY in San Diego for INVESTORS. See supplements for Value-add Investment Proforma.

Listing Courtesy of Omid Yousofi, Titan Pacific Group Inc

FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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Based on information from California Regional Multiple Listing Service, Inc. as of October 11, 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.