Situated in the hour glass of North Park, this well-maintained 7-unit apartment property offers a rare investment opportunity with immediate upside. With two vacant units and all tenants on month-to-month leases, new ownership can capitalize on strong existing financials while increasing rents to market rate. The 7,000 SF lot and favorable zoning present potential for ADU development (buyer to verify). The property features 11 bedrooms, 8 bathrooms, off-street parking, and is located just minutes from some of San Diego’s best dining, shopping, and nightlife. A turn-key asset with day-one value-add potential in one of San Diego’s most desirable rental markets.
MLS # | 250024907SD |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Days On Site | 64 |
Listing Provided By | Compass | Said Abdallah |
Units | 7 |
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Building(s) | 1 |
Zoning | RM1-2 |
Acreage | 0.16 |
Cooling | Wall Window Units |
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Heating | Wall Furnace |
Heating Yes / No | Yes |
Cooling Yes / No | Yes |
Construction Materials | Stucco |
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State | CA |
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County | San Diego |
City | San Diego |
Zip Code | 92104 |
Area | 92104 North Park |
Listing VS Median (in 92104) | |
Price: $2,400,000 low | high Med: $799,000 On site: 64 low | high Med: 73.000000 |
![]() | $2,000,0003862 Swift AveSan Diego, CA 92104 |