Sold
4152 Iowa St
North Park CA, 92104
$3,375,000
$636.31 per sqft
Sold
4 Beds
5,304 sqft
Commercial
-Prime Central San Diego Location - North Park -Value-Add Opportunity (78% 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 Iowa 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 (approximately78%). 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 3960 Idaho 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.
220019167
MLSⓇ ID
July 22, 2022
Listed
February 10, 2024
Updated
Map
4152 Iowa 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
Composition
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-3-7
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 2:05 AM UTC, 2/10/2024