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Key Details
Sold Price $2,875,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 260006951SD
Sold Date 07/01/26
HOA Y/N No
Lot Size 7,004 Sqft
Property Sub-Type Mixed Use
Property Description
PRICE IMPROVEMENT! 12.1 X GROSS CURRENT INCOME: Presenting the "Mara" apartments, renovated and well maintained 9 Unit apartment complex located in the heart of North Park. The property features 3 (3br-2ba) and 6 (1br-1ba) units with 2 (2) car garages off the alley! Great potential to convert garages to ADU's. Plenty of parking onsite with 11 spaces plus 2 (2) car garages. Renovated units-upgrades include entire kitchens and bathrooms, paint, flooring, ceiling fans, light fixtures and appliances. Exterior paint, landscaping,security gates and siding. This a a true "Turn Key" property with strong CURRENT rents...no need to wait for years to bring your rents close to market. The 3br units have stacked washer/dryers and other units use the onsite laundry room.
Location
State CA
County San Diego
Area 92104 - North Park
Interior
Fireplace No
Exterior
Total Parking Spaces 7
Others
Tax ID 4453420700
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
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Bought with Maxwell Brown Commercial Asset Advisors
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