4045 Cherokee Ave, San Diego, CA 92104

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Property Description

Excellent North Park - City Heights location in one of the most vibrant rental areas in Metro San Diego. This property consists of 3 two bedroom/one bath units and 6 one bedroom/one bath units with onsite laundry as well as parking with 4 spaces in the front and 5 spaces off the alley. Ideally located on a 7,005 square foot parcel, incredible opportunities exist for the new owner who wishes to renovate and personalize the interior and exterior spaces. This property has been in the same family for 49 years and has been well maintained with moderate updating. Walkscore.com rates this property as a 90 out of 100 with nearby parks and shopping, so daily errands may not require a car. Actual Operating Expenses listed here are an average for the years 2021-24. Gross Rent Multiplier uses actual gross scheduled rents. Square footage of improvements shown here is an estimate based upon the property management company's estimate of each unit. Cap rate is annualized and adjusted for Capital Expenditures


Interior Features

Bedroom Information
Bedrooms N/A

Listing Information

Address 4045 Cherokee Ave
City San Diego
State CA
Zip 92104
County San Diego
Listing Agent Brian Yaw DRE #01302422
Co-Listing Agent Jim Scott DRE #00830226
Courtesy Of Scott & Quinn Real Estate
List Price $2,300,000
Status Active
Type Commercial
Subtype Mixed Use
Structure Size N/A
Lot Size 7,005

Listing information courtesy of: Brian Yaw, Jim Scott, Scott & Quinn Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 9th, 2024 at 6:45 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.