4204 Boundary, San Diego, CA 92104
Commercial property
Sold June 2024
Listing Agent: Josh Browar (DRE #01824454) · Listing Office: The Browar Group · Contact: 858-414-4398 · Bought with: Krista Losito · KB Investments · MLS #240001170SD · Source: CRMLS
About this commercial property
Nestled in the heart of North Park, this investment opportunity beckons with a Spanish-style charm and abundant potential. Comprising of 10 spacious units, including a mix of 8 one-bedroom and 1 bathroom units, as well as 2 two-bedroom and 2 bathroom units, this multifamily property stands out for its versatile layout. Select units feature fenced patios, while a lavish garden adds a touch of tranquility to the surroundings. The property boasts a multistory design, enhancing its visual appeal. Two of the units will be vacant at the close of escrow allowing a new Buyer to commence whatever upgrades/improvements they desire. Situated in a prime North Park location, this investment holds significant value-add potential (approximately 100% of rental upside potential). Off-street parking, complemented by 3 garages, ensures convenience for residents. With on-site laundry facilities, the property caters to modern living needs. The potential for an Accessory Dwelling Unit (ADU) further enhances the investment appeal. Easy alley access adds a practical dimension to the property, making it a promising venture in one of San Diego's sought-after neighborhoods.
Listing description from the June 2024 sale, as reported to CRMLS.
Sale history