San Diego, CA 92103,3639 Georgia Street
San Diego, CA 92103,3639 Georgia Street
San Diego, CA 92103,3639 Georgia Street
San Diego, CA 92103,3639 Georgia Street
San Diego, CA 92103,3639 Georgia Street
San Diego, CA 92103,3639 Georgia Street
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$2,070,000

$2,050,000

1.0%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 08/17/2022

Key Details

Sold Price $2,070,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision North Park

MLS Listing ID 220018369SD

Sold Date 08/17/22

HOA Y/N No

Year Built 1927

Property Description

Georgia & Cypress is a unique high quality apartment property in an A+ area of North Park, San Diego, with 3 addresses associated with 92103 (Hillcrest) and 1 address associated with 92104 (North Park). The property sits just 2 blocks to the world renown Balboa Park and is within walking distance of trendy restaurants, upscale grocery stores, coffee shops and nightlife. Georgia & Cypress consists of 2 – 2 Bedroom / 1 Bathroom units and 2 – 1 Bedroom / 1 Bathroom units WITH EXCESS LAND TO POTENTIALLY ADD AN ADDITIONAL 2 UNITS TO THE SITE. The property is on a corner lot and has 4 designated parking spaces in the rear of the property. Each unit has a large storage area and 3 of the 4 units have washer/dryer hookups with one unit having adequate space to add this feature. The property also boasts a new roof (2021), newer dual pane windows, a complete exterior painting (2020) and landscaping. The interiors have been kept very well over the years with various upgrades to 3 of the 4 units. Although the property is meticulously maintained, due to long term ownership, the in-place rents are very low. There is significant upside potential through a complete renovation of unit 3647 Georgia St. & minor updates to the remaining units. Unit 3639 Georgia St. (2BR/1BA) will be delivered vacant at the close of escrow, allowing a buyer the opportunity to live in the unit and rent out the others, or to complete additional updates to bring the rent up to market. Georgia & Cypress offers an opportunity for the long term investor or owner occupier to own a rarely offered, highly unique property Unit # for Unit 1: 3639 Unit # for Unit 2: 3641 Unit # for Unit 3: 3647 Unit # for Unit 4: 1905 Number of Furnished Units: 0

Location

State CA

County San Diego

Area 92103 - Mission Hills

Zoning RM-3-7

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Fence None

Roof Type Rolled/Hot Mop

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 4532913700

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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California Regional MLS (CRMLS)
Listed by Corey McHenry • David Santistevan
Bought with Saeid Baha • Baha & Associates Inc

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