Historical Multifamily Sale Listing - Build 4 Townhome Units-Site Dev Permit & Plans

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Build 4 Townhome Units-Site Dev Permit & Plans

1921 Polk Avenue, San Diego, CA 92104

Exterior Front

Exterior Front

  • N/A
  • 4
  • 7,420 SF
  • Multifamily
  • Duplex/ Triplex/ Fourplex
  • Investment
  • Yes
  • 2.75%
  • 2
  • 1923
  • 5,000 SF
  • 3 / 1,000 SF
Last Verified  12/9/2009 Listing ID  15956097

Highlights

  • Great Opportunity for Owner/Builder/Investor! Great Location in NorthPark/Hillcrest!
  • Comes w/Site Development Permit for 4 Townhome Units & Preliminary Plans
  • Rent out the Two 1 Car Garages + Basement Storage w/Direct Alley Access
  • House Features: 2 BRs, 2 BAs + Office/Bonus Rm, Galley Kitchen w/SS Appliances, Large, Fenced Private Backyard
  • Sell Existing Home for Additional Profit & Move Another Location
  • Build Four Townhomes 3-Level, 3 BRs, 2.5 BAs w/Attached 2-Car Garages - Great Future Value!

Description

HUGE PRICE REDUCTION - SHORT SALE. Build 4 townhome units on this lot! Buy now, get great rents from the existing house, then build. Great opportunity for owner/builder/investor! The existing house is a North Park Vintage Craftsman and includes many original wood built-in cabinets & door & window casings, hardwood floors, light & bright bonus/office room, galley kitchen w/stainless steel appliances, separate laundry room, two 1 car garages off the alley & tons of storage in the basement space. This home feels spacious & features a functional floorplan. The large, private back yard is perfect for gardening & entertaining. The property comes with a Site Development Permit & Preliminary Plans -- sell & move the home to another location & build four townhomes 3-level, 3 bedrooms, 3.5 bathrooms with attached 2-car garages. Currently rented at $1700. Could get more plus rents for separate 1 car garages and 500sq basement space directly off-alley.

Walking distance to Park & University & the heart of Hillcrest in San Diego.

Map of 1921 Polk Avenue, San Diego, CA 92104 (San Diego County)

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Created 10/22/2008

Additional Information for 1921 Polk Avenue, San Diego, CA 92104