North Park

Great investment opportunity to own a recently renovated Triplex in Cherokee Point with 4th 2 bed 2bath house in plans. Close proximity to downtown and Balboa Park. The Cherokee Point neighborhood is also landlocked between the 805 and 15 freeways, providing a quieter living experience compared to other parts of North Park, while still giving you easy access to all North Park has to offer including shopping, restaurants and activities. Which makes this a highly desirable location for a high performance investment. The property consists of 3 fully leased dwellings, Two 3 bedroom Houses and One 1 Bedroom. There are plans in the city for permits on an additional 2bed 2bath house. All houses have been upgraded with Newer Kitchens and Baths, LED lighting throughout, Ceiling Fans in every room, A/C and Heating, Washer and Dryer also included. This Houses are all individually Fully fenced yard and has Parking for multiple vehicles. Tenants pay all utilities. Currently priced with a 5.2 CAP. Proforma with adding the 4th dwelling will bring you over a 7plus CAP. Great turnkey investment with leases plus value-add opportunities. Great investment opportunity to own a recently renovated Triplex in Cherokee Point with 4th 2 bed 2bath house in plans. Close proximity to downtown and Balboa Park. The Cherokee Point neighborhood is also landlocked between the 805 and 15 freeways, providing a quieter living experience compared to other parts of North Park, while still giving you easy access to all North Park has to offer including shopping, restaurants and activities. Which makes this a highly desirable location for a high performance investment. The property consists of 3 fully leased dwellings, Two 3 bedroom Houses and One 1 Bedroom. There are plans in the city for permits on an additional 2bed 2bath house. All houses have been upgraded with Newer Kitchens and Baths, LED lighting throughout, Ceiling Fans in every room, A/C and Heating, Washer and Dryer also included. This Houses are all individually Fully fenced yard and has Parking for multiple vehicles. Tenants pay all utilities. Currently priced with a 5.2 CAP. Proforma with adding the 4th dwelling will bring you over a 7plus CAP. Great turnkey investment with leases plus value-add opportunities.

Welcome to 4164 Cherokee Avenue, Unit E, an inviting 2-bedroom, 1.5-bath condo offering comfortable living in a convenient central San Diego location. Step inside to a bright and welcoming interior featuring vaulted ceilings, abundant natural light, neutral finishes, and a cozy fireplace that creates a warm focal point in the living area. The functional kitchen offers crisp white cabinetry, generous counter space, full-size appliances, and a window above the sink that brings in additional natural light. Both bedrooms are comfortably sized with ample closet space, while the versatile floor plan makes excellent use of every square foot. Whether enjoying a quiet evening at home, entertaining friends, or creating a dedicated work-from-home space, this condo offers an easy, low-maintenance lifestyle. Ideally located near North Park and surrounded by some of San Diego’s popular dining, coffee shops, shopping, entertainment, parks, and everyday conveniences, with easy access to Downtown San Diego and major freeways. Whether you're a first-time buyer, looking to downsize, or simply searching for a well-located San Diego home, 4164 Cherokee Avenue, Unit E offers a fantastic opportunity to make this charming condo your own.

Also listed as a residential income property. Opportunity awaits to own a beautifully updated triplex in the heart of North Park. Each unit is tastefully redone.The property consists of 3 units professionally designed, all with A/C in a high rent area, near restaurants and nightlife. All units offer custom features, stainless steel appliances and private accessibility. Conveniently located south of El Cajon Blvd, north of University and west of the 805 freeway. The first of the 3 units is a stand-alone unit, cottage style home with 2 bedrooms, 1 remodeled bathroom, small enclosed sun porch, private fenced in side yard and 1 car garage with washer and dryer, Second unit also features 2 bedroom, 1 bathroom and features an open floor plan, A/C, fenced in patio area and washer, dryer. Third unit is similar to the second unit.

Rare North Park duplex offering an exceptional opportunity for both owner-occupants and investors in one of San Diego's most sought-after neighborhoods. This charming property features two separate residences, each with its own unique character, flexible living spaces, and timeless architectural details. Outside the expansive front patio creates an inviting outdoor space perfect for relaxing or entertaining. Inside, you'll find bright and spacious interiors with abundant natural light and hardwood flooring. The living areas are warm and welcoming, while the kitchens offer generous cabinetry, ample prep space, and convenient adjacent laundry/storage areas. The versatile floor plan provides excellent flexibility for multi-generational living, rental income, or a dedicated home office. The lower residence also benefits from bonus living space and direct access to a private outdoor area, while both units enjoy patios for indoor-outdoor living. Located in the heart of North Park, just blocks from Morley Field, Balboa Park, popular restaurants, coffee shops, breweries, shopping, and entertainment, this property offers the perfect blend of historic charm, modern updates, and prime urban convenience. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this is a rare opportunity in San Diego.

COSMETIC FIXER - LOCATION, SQUARE FOOTAGE AND OPPORTUNITY! Solid bones and completely livable as-is, so you can move in now and improve it over time. Just three blocks to Balboa Park-Morley Field, with tennis courts, swimming, hiking and running trails, recreation, and acres of open space - & an easy stroll to North Park’s restaurants, cafés, shops, and neighborhood favorites. Situated on a corner lot, this 3-bedroom, 3.5-bath home offers substantial space, including two exceptionally large bedrooms that are almost living spaces in their own right. Every bedroom has its own en-suite bath, plus a separate powder room for guests. Hardwood floors run through much of the home. Landscaped backyard, central heat, pull-down attic storage, one-car garage, and driveway parking. Bring your vision and create something fabulous in a dream location. Situated on a corner with two separate lots, this 3-bedroom, 3.5-bath home offers substantial space, including two exceptionally large bedrooms that are almost living spaces in their own right. Every bedroom has its own en-suite bath, plus a separate powder room for guests. Hardwood floors run through much of the home. Landscaped backyard, central heat, pull-down attic storage, one-car garage, and driveway parking. Bring your vision and create something fabulous in a dream location.

This is the 1 BR you've been looking for! Detached w/ off street parking, exclusive use yard and an oversized bedroom. Dual zone mini split provides AC in both the bedroom and main living area to keep you cool this summer! Gas stove and stainless steel refrigerator w/ quartz countertops in the kitchen. Skylight in the living room provides great natural light. Washer & dryer with an oversized storage shed. Walkable / close to all the area has to offer - Vons, freeways, bars & restaurants.

RARE NORTH PARK TRIPLEX WITH AMPLE PARKING + OWNER-USER POTENTIAL! Updated and exceptionally well-located triplex offering a compelling combination of income, parking, and privacy in one of San Diego’s most desirable and rapidly evolving neighborhoods. The detached cottage-style main home features 2 bedrooms, 2 baths, stainless steel appliances, A/C, a private fenced patio and side yard including 4 off street parking spaces. The rear duplex includes a spacious 2-bedroom, 1-bath upper unit with 2 parking spaces, with a 10’ x 12’ view deck and a 1-bedroom, 1-bath ground-floor unit with its own exclusive fenced yard and one parking space. Ample parking is a standout feature for all units plus an attached approximately 15’ x 40’ garage currently partitioned one part is use as storage units. The three-unit configuration provides an ideal opportunity for an owner-user to live in one unit and generate income from the others. The property has enjoyed over 10 years without a vacancy, demonstrating strong rental demand. Just blocks from North Park’s acclaimed restaurants, nightlife, coffee shops and entertainment, with convenient access to the best of San Diego.

Move In Special: $500 off first months rent! Bright Upstairs Apartment Near Balboa Park! Please note: This is an upstairs apartment located within a small four-unit residential community—not a single-family home. This bright, approximately 800-square-foot apartment offers 2 spacious bedrooms, 1 bathroom, a private entrance, and no shared side walls. The kitchen features crisp white cabinetry, plenty of counter space, and a cozy dining nook. Both bedrooms include window AC units, and an in-home washer and dryer makes laundry day easy. A private 8' x 8' storage shed provides additional space for bikes, camping gear, and seasonal belongings. Enjoy nearby coffee shops, neighborhood restaurants, and local favorites along University Avenue, or spend the afternoon at Morley Field or Balboa Park. Hillcrest and major freeways are also just minutes away. One-year lease. Street parking only. Pets are welcome with an additional deposit; dogs must be under 30 lbs. Tenant pays their portion of water and sewer billed by the owner and establishes their own SDG&E account. Call or text 858-281-8856 to schedule a viewing!

The highest return turnkey Northpark multifamily deal on the market AND it has excessive parking AND highly desirable 1987 construction! 4341 Texas Street, San Diego offers a fully renovated, 1987 construction, 9-unit multifamily asset with an excessive 14 off-street parking spaces, immediate cash flow and remaining rental upside. 100% of units have been renovated. The property is ideally situated in the center of Northpark, one of San Diego’s strongest and fondest rental markets. The property consists of an ideal and diverse unit mix of (6) 1 Bed / 1 Bath and (3) 3 Bed / 2 Bath units. All 3-Bedroom units possess in-unit laundry and AC. Onsite laundry is provided for the 1-bedroom units. Parking is highly demanded and necessary to drive strong rents and occupancy in the Northpark Submarket. 4341 Texas will outperform competing rentals by providing over a 1:1 off-street parking ratio plus an additional 4 garage spaces yielding 14 total parking spaces for 9 units, which is just shy of 1 parking space per bedroom, an extremely rare commodity in the dense Northpark submarket. The property features full ABS plumbing, individual unit water heaters for reduced SDGE usage,Challenger brand electrical panels with Romex wiring (400 amp/220V main service), and a pitched shingle roof. Ownership will benefit from the highly desirable infrastructure systems of a 1987 construction asset while maintaining the operational simplicity of a low-density asset, 2 story walk up building. The asset currently generates $272,612,412 annual GSI and $181,414 NOI, yielding a 5.04% in-place cap rate. There is approximately 11% income upside remaining with select units, the implementation of a utility billback program, and separated billing one of the double car garages. The asset is forecasted to produce $301,380 GSI and a 5.78% market cap rate at full market operations, with no additional capital investment required to achieve that additional income