CA > San Diego > North Park
San Diego, CA 92116,4440 44 Illinois
San Diego, CA 92116,4440 44 Illinois
San Diego, CA 92116,4440 44 Illinois
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,199,000
Est. payment /mo
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UPDATED:

10/24/2024 09:25 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision North Park

MLS Listing ID 240014482SD

HOA Y/N No

Year Built 1940

Property Description

A developers dream! Multiple value add opportunities and strong existing income ($9,445 monthly gross income)! This site presents an increasingly rare urban infill opportunity to purchase a 7,018 SF lot, with (3) income generating residential units in the heart of San Diego's hippest neighborhood, North Park. This property sits within the complete communities area and has a FAR of 6.5. The maximum buildable square feet is 45,617 subject to official approval to allow a complete communities project at this site. Alternatively and due to being fully remodeled, the existing units attract phenomenal renters in the asset's existing condition. The property is gated from the alley and tenants have the option to close the gate on Illinois for additional privacy. It is turfed with pavers throughout and laundry on site in the back.

Location

State CA

County San Diego

Area 92116 - Normal Heights

Building/Complex Name NA

Zoning RM 3-8

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Pool Private

View Y/N No

Roof Type Composition

Private Pool Yes

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 4461211900

Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, VA Loan

Listing Terms Cash, Conventional, Cal Vet Loan, FHA, VA Loan

Read Less Info
California Regional MLS (CRMLS)
Listed by Brendan Flynn • South Coast Commercial, Inc.

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