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Key Details
Sold Price $1,780,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $1,271
Subdivision North Park
MLS Listing ID 220002177
Bedrooms 4
Full Baths 4
Year Built 1963
Type of Financing Cash,Conventional
Property Description
Location, location, location!! Prime North Park location with a great walking score to almost everything your heart desires. Complete Communities zone w/FAR Tier 3 & the ability to build up to 6.5 FAR & Transit Priority Area w/no parking requirement!! Potential to build 36+ units depending on size & FAR. Existing residences include a 2 bed, 2 bath downstairs (approx. 1400 sqft) w/generous covered patio. The upstairs residence is a 1 bed, 1 bath (approx. 1000 sqft). Large yard could easily allow additional ADU instead of development. 3962 was originally built as a 1 bed, 1 bath approx. 400 sqft unit next to 3 1-car garages. The garages were converted into additional living space, permit status unknown. With some TLC, you can cash flow the high rents of North Park while you work on your building permits for development.
Location
State CA
County San Diego
Community North Park
Area North Park (92104)
Interior
Heating Natural Gas
Cooling Central Forced Air
Exterior
Exterior Feature Other/Remarks
Garage Spaces 1.0
Fence Other/Remarks
Roof Type Other/Remarks
Building
Story 1
Sewer Sewer Connected
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Other/Remarks
Pets Description Yes
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Bought with Chad Dannecker • Compass
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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