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Browse More Listings in Multifamily For Sale, San Diego, CA or California

Multifamily Property For Sale

Build 4 Townhome Units-Site Dev Permit & Plans

1921 Polk Avenue, San Diego, CA 92104

Price:
$410,000
No. Units:
4
Building Size:
7,420 SF
Price/Unit:
$102,500
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Distressed:
Yes
Commission Split:
2.75%
No. Stories:
2
Year Built:
1923
Lot Size:
5,000 SF
Parking Ratio:
3 / 1,000 SF
Find Out More...

Last Verified 11/6/2009 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

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Build 4 Townhome Units-Site Dev Permit & Plans

1921 Polk Avenue, San Diego, CA, 92104