NEWLY LISTED
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$1,275,000 USD
3933 Utah
San Diego, California 92104
USA
San Diego, California 92104
USA
Residential For Sale, Other Residential
Land size: 521 m2 ::
5,604 sqft
Sale price per sqm: 0
Remarks:
Fully occupied duplex in the heart of North Park delivering $6,180/month ($74,160/yr) in gross rental income. Unit 1: 1BR/1BA | 574 SF | $2,660/mo. Unit 2: 2BR/1BA | 945 SF | $3,520/mo. Both units were thoughtfully renovated in 2023 with updated appliances and fresh finishes throughout, move-in ready for an owner/user or a turnkey hold for the investor who wants stable income from day one. For the value-add buyer, the 2023 renovation provides a clean, well-maintained canvas with clear runway to elevate finishes to a premium tier and push rents meaningfully higher in a submarket that consistently rewards quality. North Park boasts a WalkScore of 97, 60+ restaurants and bars, 20+ craft breweries, and sits within 15 minutes of 450,000+ jobs. Tenant demand here is structural and durable. Beyond the income, this parcel is one half of a permit-approved assemblage for an 8-story, 70-unit multifamily development by Ehrlich Yanai Rhee Chaney Architects with entitlement risk already eliminated. Combined with adjacent Parcel B, the 0.26-acre site is shovel-ready. Both parcels must be acquired together to complete the development. Architectural plans and permits for the 70-unit development are available for separate purchase. Inquire with agent for details and pricing.
Features:
- Year Built: 1922
- Heating System: Gas
- Roofing: Composition/shingle
Location:
3933 Utah, San Diego, California 92104, USA
Listed By CENTURY 21 Affiliated
The Residential For Sale, Other Residential located at 3933 Utah, San Diego, California 92104, USA is currently for sale. 3933 Utah, San Diego, California 92104, USA is listed for $1,275,000 USD. If the property located at 3933 Utah, San Diego, California 92104, USA isn't what you're looking for, search California Real Estate to see other Homes For Sale in San Diego.
