$2,570,000
FOR SALEActive3758 Louisiana St
San Diego CA 92104
N/A
SF
Mixed Use
Type
N/A
Built
N/A
Cost/SF
Listing Agent
James Carter
DRE #: 01352336
Brokerage: Apartment Realty Group (ARG)
Location Analysis
Location unavailable
About This Property
**6-Unit, Turnkey, Prime North Park** Located just south of University Ave in one of North Park's most desirable pockets, this 6-unit multifamily property offers a fully renovated, turnkey asset — including three brand-new units. Situated just south of University Ave (WalkScore of 88) with excellent walkability to shops, dining and nightlife along University Ave, convenient access to nearby neighborhoods including Mission Hills, Hillcrest, and South Park, and a short walk to Balboa Park. The property features a 3Bedroom/3Bathroom house along with (3) 1Bedroom/1Bathroom units, (1) 2Bedroom/1Bathroom, and (1) Studio, with each unit offering a private yard or patio. Significant capital improvements have been completed across both the interiors and exteriors, creating a turnkey property with steady in-place cash flow with still +20% in additional rental upside.
Property Information
Property Overview
Commercial - MixedUse
Property Type
Active
Status
6
Total Units
4.49%
Cap Rate
$115K
NOI
Property Highlights
N/A Property
Prime Location with High Visibility
4.49% Cap Rate
Location Analysis
Location unavailable
Building Details
Zoning & Use
Investment Metrics
4.49%
Cap Rate
$115,493
NOI
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Recent commercial sales in San Diego
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Closed commercial sales reported, newest first.
CRMLS
MLS# 260022823SD
Listed:
Nalren refreshed:
Last updated
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Listed by: Apartment Realty Group (ARG)
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.