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4447 Cherokee Ave, San Diego, CA 92116

Property · 2 recorded sales since 2013

4447 Cherokee Ave, San Diego, CA 92116 Sold October 2017 CRMLS
$915,000Sold October 2017

Listing Agent: Adam Pascu (DRE #01907343) · Listing Office: 73 Degrees Realty · Contact: 858-761-1707 · Bought with: Mark Schwartz · Re/Max Elite Properties · MLS #170049634 · Source: CRMLS

6,012 sqft
Lot Size
1939
Year Built
Property
Type
1
Stories
WallWindowUnits
Cooling
FloorFurnace, NaturalGas
Heating

About this property

Great opportunity for investors & owner occupants alike! Front house is 2/1, 863 sq ft., w/recently upgraded bath. Kitchen ~5-10 years new, is open to dining & living areas with newer floors. 2 identical Back units 1/1, 560 sf, have their own washer/dryer & front unit has one in 2-car garage. Front house has fenced front yard w/new landscaping. Backyard opened up to be an inviting common area w/covered bar, sitting area, deck, fireplace, garden & small yard. Roofs are newer, too. Driveway has 2-3 spots. What a fantastic property! The current owners have created more of a group living situation with the backyard common area that all tenants enjoy. An owner occupant could fence off the backyard again if they wanted that for themselves, as that is how it was when seller bought it. The possibilities are multiple - great cap rate for pure investors and an excellent living situation and nicely upgraded property for owner-occupants that love the uptown lifestyle, but can't afford a detached home of their own. Check with your lender about FHA - broker believes triplex limit to be $948,500. Neighborhoods: Normal Heights Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 4447 Unit # for Unit 2: 4449 Unit # for Unit 3: 4451 Number of Furnished Units: 0 Topography: LL

Listing description from the October 2017 sale, as reported to CRMLS.

Sale history

$915,000
Sold October 2017 · listed $949,000, on market September 2017 · MLS #170049634 · Source: CRMLS
Listing Agent: Adam Pascu · Listing Office: 73 Degrees Realty · Contact: 858-761-1707 · Bought with: Mark Schwartz · Re/Max Elite Properties
$517,500
Sold January 2013 · listed $549,000, on market October 2012 · MLS #120050347 · Source: CRMLS
Listing Agent: Dean Marchant · Listing Office: Marchant & Associates, Inc. · Contact: 805-440-3996 · Bought with: Adam Pascu · 73 Degrees Realty
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