$1,050,000
$895,000
17.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 01/25/2024
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Park
MLS Listing ID 230022835SD
Sold Date 01/25/24
HOA Y/N No
Year Built 1924
Property Description
VALUE-ADD DUPLEX IN NORTH PARK This duplex in North Park, an early 1900s craftsman-style property, presents a prime opportunity for restoration or development. Located on a 5,095 square foot lot, it features dual street frontage in a vibrant area. The property's positioning within a transportation district hints at the potential for high-density development. The duplex comprises a two-bedroom, one-bathroom home and a one-bedroom, one-bathroom apartment above a two-car garage. However, it's important to note the significant deferred maintenance issues. As a result, the property currently doesn't qualify for conventional, FHA, or VA financing, indicating a need for substantial investment and repair. This could be an ideal project for investors or developers seeking a value-add property in a desirable location.
Location
State CA
County San Diego
Area 92104 - North Park
Building/Complex Name West End
Interior
Cooling None
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4531020600
Acceptable Financing Cash
Listing Terms Cash
Financing Other
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Simon Saran • Dolan Realty Company