3675 Mississippi St - North Park 3675-79 Mississippi 3 Unit Apartment Building Offered at $1,749,000 at a 3.98% Cap Rate San Diego, CA 92104

This 3-Unit residential property is certain to delight. 2bed 2bath front residence and 2 of studio units in the rear with an additonal bonus room. Perched above the street with exceptional draught tolerant xeriscape front landscape and abundant curb-appeal. This Spanish style hacienda consists of 3 residential dwellings. Records show an original date built of approximately 1920, current records show an effective year built of 2020 due to the substantial improvements completed. Front-facing house (3675) improvements include full interior renovation creating an open living space where the use of light, honey oak wood-effect tile floors, quartzite, stone, complement the clean original exterior with the updated modern, contemporary interior style. Great room floor plan offers a spacious flow from the living/dining area to the impressive, well-appointed kitchen which includes stainless steel appliances and a center waterfall island with bar-height counter seating that steals the show. Direct access to the exterior patio from the kitchen makes alfresco dining a pleasure. Two bedrooms include a primary bedroom with ensuite bath offering full glass enclosure shower and a spacious 2nd bedroom with adjacent bath including a whirlpool tub for ultimate relaxation. A 4-zone mini-split system covers all spaces. This residence offers both gorgeous finishes, natural light and wood-effect tile floors and the list of improvements also include foundation repairs, reconfigured floor plans, upgraded electrical, plumbing, HVAC, water heater, drainage system and more. The rear building accessed from the driveway houses 2 studio units, 3675.5 and 3679.5. Each tastefully updated and includes recently installed appliances, mini-split system, hot water heaters. The rear lot with ample spaces and surrounded by trees creates a peaceful haven. It offers two substantial new resin storage sheds, a laundry closet, 3 separate flagstone patio areas and a bonus detached structure (thought to have been an original garage) currently assigned to unit 3679.5 and used as storage/den. Located 2-1/2 blocks away from North Parks Morely Field sport complex this neighborhood offers an abundant array of recreation, local area eateries, entertainment and conveniences. The famous San Diego Zoo and Balboa Park are slightly over 1-mile away. Ease of access to freeways, San Diego beaches and San Diego International Airport make North Park one of San Diegos treasured residential neighborhoods.