4159 63 35th St, North Park, CA 92104

List Price
$1,250,000
Status
ACTIVE
MLS#
250031116SD
Property Type
Multifamily
Year Built
1946

Property Description

We are pleased to present 4159-63 35th Street, located in the highly regarded Cherokee Point neighborhood of San Diego, CA. This building consists of three (3 one-bedroom/one-bath units and one (1 two-bedroom/one-bathroom single family home. Additionally, this property two single car garages presenting ADU conversion potential. Located between Interstates 805 and 15 and bordered by Normal Heights to the north, City Heights to the east, and North Park to the west, Cherokee Point is known for its vibrant culinary scene, lively bars, and unique thrift stores, making it a highly attractive area for renters. This property presents a significant value-add opportunity for investors aiming to capitalize on the growth and demand in one of San Diego's prime rental markets. The central location and dynamic community of Cherokee Point ensure strong demand for rental units, with strategic renovations and upgrades offering considerable potential to elevate the property's value and achieve market-standard rental rates. 4159-63 35th Street is a compelling investment opportunity in a thriving neighborhood. Its prime location, vibrant community, and potential for significant value appreciation make it attractive to both renters and investors. This property offers a promising chance to invest in a flourishing market, with substantial returns possible through strategic enhancements and management.

Additional Information

Stories
Two Levels
Year Built
1946

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Austin Huffman (austin.huffman@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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