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4334-4338 Cherokee Street

San Diego, CA 92104
  • $1,650,000
  • STATUS: ACTIVE
  • ON SITE: 30 Days
  • ID#: 220009856
$1,650,000
  • 6
    BEDS
  • 0.14
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,740
    SQFT
  • $441
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2005
County:

Description

HUGE INVESTMENT OPPORTUNITY - CHARMING IN PROGRESS TRIPLEX. Front unit is 1900sf 2 bedroom/ 2 bath with entry porch, fireplace with newly constructed upper floor, designed to be an add'l 2 bedroom/ 1 bath rental. This project is being connected with the right investor/contractor to take it completion. The back building houses two mirrored 520sf 1 bdr/ 1 bath units. 4336 is fully remodeled and renovated by a local interior design team. It boasts herringbone inlay floors, designer fixtures, all stainless appliances, new paint, new double pane windows, all new kitchen, all new bath, AC and has a tenant in place. 4334 has staged appliances and needs completion. Each back unit has a rear parking space. Front house has 2-3 car tandem driveway parking. Minutes to Starbucks, downtown nightlife, Little Italy, major freeways, beaches, parks, trendy restaurants, craft bars, nightlife, and shopping. This is a buy/hold/rent or complete/sell opportunity in one of the fastest growing and highly sought after rental markets of North Park.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.realestaterubino.com/homes/128071932
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4334-4338 Cherokee Street San Diego, CA 92104

  • Price: $1,650,000
  • Status: ACTIVE
  • On Site: 30 Days
  • ID#: 220009856
6
Beds
5
Baths
0
½ Baths
0.14
Acres
3,740
SQFT
$441
$/SQFT
2005
Built
Neighborhood:
North Park
County:
San Diego
Area:
North Park (92104)
Elementary School:
San Diego Unified School District
Middle School:
Alpine Union School District
High School:
San Diego Unified School District
Property Description
HUGE INVESTMENT OPPORTUNITY - CHARMING IN PROGRESS TRIPLEX. Front unit is 1900sf 2 bedroom/ 2 bath with entry porch, fireplace with newly constructed upper floor, designed to be an add'l 2 bedroom/ 1 bath rental. This project is being connected with the right investor/contractor to take it completion. The back building houses two mirrored 520sf 1 bdr/ 1 bath units. 4336 is fully remodeled and renovated by a local interior design team. It boasts herringbone inlay floors, designer fixtures, all stainless appliances, new paint, new double pane windows, all new kitchen, all new bath, AC and has a tenant in place. 4334 has staged appliances and needs completion. Each back unit has a rear parking space. Front house has 2-3 car tandem driveway parking. Minutes to Starbucks, downtown nightlife, Little Italy, major freeways, beaches, parks, trendy restaurants, craft bars, nightlife, and shopping. This is a buy/hold/rent or complete/sell opportunity in one of the fastest growing and highly sought after rental markets of North Park.
Exterior Features

Boat Facilities No/Unknown Exterior Stucco Fencing Gate Frontage N/K Irrigation N/K Parking For RV None Known Parking Garage Desc Unit1 Assigned Parking Garage Desc Unit2 Assigned Parking Garage Desc Unit3 Tandem Parking Garage Desc Unit4 Tandem Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 0 Parking Garage Spaces Unit4 0 Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Unit4 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 2

Interior Features

Cooling Central Forced Air Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment Forced Air Unit Heat Source Natural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2 Total Baths Unit4 1 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups Common Units With Cooling 2 Units With Dishwashers 4 Units With Dryers 0 Units With Fireplaces 1 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0

Property Features

Actual Cap Rate 2.6 Age Restrictions N/K Annual Expense Actual 0 Annual Expense Projected 0 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community North Park Complex Features N/K Complex Park Nk Cross Streets Meade & El Cajon Blvd Gross Rent Multiplier Actual 38.41 Gross Rent Multiplier Project 17.08 Gross Scheduled Income Actual 56800 Gross Scheduled Income Project 96600 Home Owners Assoc Fee Includes N/K Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Metro Uptown Miscellaneous N/K Monthly Total Fees 0 Net Operating Income Projected 94200 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Pets Yes Projected Cap Rate 5.0 Projected Other Income 0.0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays WaterElectricity Terms Cash Unit Number For Unit1 4334 Unit Number For Unit2 4336 Unit Number For Unit3 4336 Unit Number4 4338 Unit1 Deposit 1800 Unit1 Occupied Vacant Unit1 Projected Rent 1800.0 Unit1 Rent Actual 0.0 Unit2 Deposit 1600 Unit2 Occupied Tenant Unit2 Projected Rent 1800.0 Unit2 Rent Actual 1600.0 Unit3 Deposit 2450 Unit3 Occupied Vacant Unit3 Projected Rent 2450 Unit3 Rent Actual 0.0 Unit4 Deposit 2000 Unit4 Occupied Vacant Unit4 Projected Rent 2000 Unit4 Rent Actual 0.0 Water District City Of San Diego Zoning Cupd Ct2-3

San Diego MLS logo Listing provided courtesy of Keller Williams Sd Metro. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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12780 High Bluff Dr
San Diego CA, 92130