Property Detail

Description

Updated triplex in North Park, one of San Diego’s fastest growing communities! The detached cottage style main home is a spacious 2 bedroom 2 bath with stainless steel appliances, wood flooring, A/C, security system & fenced in private patio & side yard. The rear 2nd story unit offers an open & airy 2 BR 1 bath with a front 10X12 view patio deck. The ground floor one BR 1 bath has it's own exclusive fenced in yard. Both duplex units enjoy gated entry from assigned parking spaces. attached 15 X 40 garage is partitioned & rented as storage units with the potential for an ADU conversion. Pro Forma gross monthly rents of $8,275, & a cap rate of 5.5, ideal for an owner occupant with rent producing units. The property has not had a vacancy in over 10 years! A few blocks to outstanding restaurants and night life that the North Park community enjoys so much. Location is close to all, including the state of the art Wilson Middle School.