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$ 2,300,000
Est. payment | /mo
6,236 Sqft Lot
$ 2,300,000
Est. payment | /mo
6,236 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250027928
Lot Size 6,236 Sqft
Property Description
4343 Cherokee Avenue is a solid 7-unit apartment building located in Normal Heights just north of El Cajon Blvd and just east of North Park. The 5,255 square feet of structure built in 1985 consists of four 2 bedroom / 2 bathroom and three 1 bedroom / 1 bathroom units as well as 2 single car garages. In addition to the structure, the 6,236 square foot lot hosts 8 surface parking spaces. There is a common laundry room. In the last 5 years, new exterior LED lights were installed, as well as a new staircase and hot water heater with recirculating pump. Five of the units have been remodeled with new vinyl plank flooring, A/C units, popcorn ceiling removal, and new appliances. All units have new dishwashers. Termite tenting was done last year. There is approximately 25% upside in the current rents. DO NOT DISTURB TENANTS.
Location
State CA
County San Diego
Area North Park (92104)
Exterior
Total Parking Spaces 10
Building
Story 2
Others
Space Rent $179,640
Listed by Benn Vogelsang • NorthMarq Multifamily
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
12750 High Bluff Dr. #300, San Diego, California, 92130, USA