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4676-4678 Cherokee Ave
San Diego, CA 92116
Cherokee Avenue Apartments · Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 5,292 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1956/2017 |
| Building Class | C | Parking Ratio | 1.7/1,000 SF |
| Zoning | R3, San Diego | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,292 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1956/2017 |
| Parking Ratio | 1.7/1,000 SF |
| Zoning | R3, San Diego |
ABOUT 4676-4678 CHEROKEE AVE , SAN DIEGO, CA 92116
The Cherokee Ave Apartments is an eight unit multi-residential property located just South of Adams Ave in the highly sought after community of Normal Heights. The property is situated on a 7,000sqft lot with 5,292sqft of improved space and a pitched roof. The eight 1BR/1BA units are significantly larger than a typical 1BR unit with an average size of 660sqft, each unit has its own off street parking space with a total of 9 parking spots. The property is extremely well maintained with recent renovations including: new stucco and paint, retrofit windows and updated landscaping and exterior facade. Interior spaces are clean and well appointed but, further investment should yield increased rents and an overall improved return on investment, at a potential 5% Cap Rate. Seller will consider all offers! *DRIVE BY ONLY*DO NOT DISTURB TENANTS*
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | $1,350 | 640 |
PROPERTY TAXES
| Parcel Number | 440-582-08 | Improvements Assessment | $1,040,400 |
| Land Assessment | $1,508,580 | Total Assessment | $2,548,980 |
PROPERTY TAXES
