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P r o p e r t y I n f o r m a t i o n

APN 445·702·07·00

Gross Scheduled Income · $181,968

Operating Expenses · $44,539

Net Operating Income · $138,750

Cap Rate · 4%

List Price $3,450,000

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San Diego, CA

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Renovated 10-unit complex in the of North Park, one of San Diego's premier walk-able neighborhoods.

Culturally diverse North Park is home to Craftsman cottages, cafes and diners, pubs and coffee shops, craft breweries, distilleries and urban wineries, boutiques and the North Park Farmers Market. Close to downtown, the San Diego airport and surrounded by freeways, North Park offers a village lifestyle in the center of it all.

A strong sense of community exudes from this neighborhood for locals and newcomers alike.

Tenants pay their own gas and electric and vacancies in the area are consistently well below average.

N O R T H P A R K E X C L U S I V E

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This revitalized neighborhood, with many of its 1920s Craftsman-style homes still standing, has added vegan tacos,

vintage clothing and live music to the mix.

The restaurant scene is heavy on brunch spots, upscale pubs, taquerias and sushi lounges, and nightlife often revolves around the Observatory North Park, a 1929 theater that hosts rap, rock,

indie and electronica. The North Park Thursday Market also features live music.

T H E N E I G H B O R H O O D

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W H E R E T O E A T & D R I N K

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LOCAT ION

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L I V I N G & B A T H R O O M

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K I T C H E N & B E D R O O M

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S C O T T . D E M O S S @ C O M PA S S . C O M

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V I E W L I S T I N G

C O M P A R A B L E S A L E S

4078 Hamilton · 10 Units · PENDING $4,195,0002814 30th Street · 10 Units · SOLD $3,650,000

3680 Alabama Street · 10 Units · SOLD $3,650,000

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