Detailed Introduction Of This Home
The opportunity you have been waiting for! Welcome to 4268, 4266 and 4266 1/2 Cherokee Avenue in one of San Diego’s fastest growing communities – North Park. This charming home & duplex, each with their own parking & private out door areas, including one 10 X 40 tandem garage, partitioned in half, each 200 sq. ft. as storage units with the potential for ADU conversion. Boasting Pro Forma gross monthly rents of $8,275, & a cap rate of 5.5, this property has not had one vacancy in over 10 years! The front 800 sq. ft. 2 bed 2 bath detached home, includes a private fenced yard & the 660 sq. ft. 2 bed 1 bath upper unit includes a covered private outdoor 12 X 10 deck w/ city views! The 1 bed 1 bath w/ private yard is leased at $1,675 per month. So much opportunity for a seasoned / first time investor or owner to live in one & rent the others. A few blocks to interstate 805 & 15 Freeways. The location can’t be beat!