Sold

3960 Idaho St

North Park CA, 92104

$3,000,000


$558.35 per sqft

Sold

4 Beds

5,373 sqft

Commercial

-Prime Central San Diego Location - North Park -Value-Add Opportunity (60% Upside in Rents) -Excellent Unit Mix of 1Bdrm & 3Bdrm Units -High Demand Rental Market -Garages and Off-Street Parking -Spacious Floor Plans -Easy Access to Local Services and Major Freeways -Located Near Shops, Restaurants and Transportation The Idaho Street Apartments, a nine (9) unit apartment complex in North Park, San Diego, represents a unique value-add investment opportunity. There is substantial upside in rental income (approximately 60%). The subject property is located on a 7,004sf lot consisting of three (3) 3bedroom / 1.5bathroom and six (6) 1bedroom / 1bathroom units. The property has ample off- street parking plus two (2) double-car garages. ***The identical building located at 4152 Iowa Street is also listed for sale and can be sold to the same buyer for a total of 18-Units.*** Ideal value-add opportunity located in one of San Diego's best rental markets.

220019166

MLS ID

July 22, 2022

Listed

February 10, 2024

Updated

Map

3960 Idaho St
North Park CA, 92104

Interior Features

Total Stories

2


Bedrooms

4 Beds


Appliances

Range, Refrigerator, Disposal


Floor Description

Concrete, Wood, Other


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Other/Remarks

Exterior/Building Features

Lot Size

0.16 Acres


Exterior Features

Remarks


Roof

Wood

Other Property Details

Area Name

Metro Uptown


Taxes

$36,966


Tax Frequency

Annually


Days on Market

6


Garage

Yes


Parking

Garage, Spaces


Parking Total

11


View

No


County

San Diego


Pool

No


Zoning

RM-3-9


Buyer Agency Compensation

1.5%

Listed by Apartment Realty Group (ARG), James V Carter,
Listing Contact: 619-784-1031 

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Data last updated 2:04 AM UTC, 2/10/2024

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