4440-44 Illinois, NORTH PARK
NORTH PARK Home For Sale
A developers dream! Multiple value add opportunities and strong existing income ($9,445 monthly gross income)! This site presents an increasingly rare urban infill opportunity to purchase a 7,018 SF lot, with (3) income generating residential units in the heart of San Diego's hippest neighborhood, North Park. This property sits within the complete communities area and has a FAR of 6.5. The maximum buildable square feet is 45,617 subject to official approval to allow a complete communities project at this site. Alternatively and due to being fully remodeled, the existing units attract phenomenal renters in the asset's existing condition. The property is gated from the alley and tenants have the option to close the gate on Illinois for additional privacy. It is turfed with pavers throughout and laundry on site in the back.
Property Details
Additional Information
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- City:
- NORTH PARK
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- County:
- San Diego
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- Zip:
- 92116
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- MLS® #:
- 240014482
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- Bedrooms:
- 7
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- Bathrooms:
- 3
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- Lot Size:
- 0.00
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- Neighborhood:
- NORMAL HEIGHTS (92116)
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Listing information last updated on July 29th, 2024 at 12:34pm PDT.