Active

4204 Boundary

North Park CA, 92104

$3,450,000


$338.77 per sqft

Active

3 Beds

10,184 sqft

Commercial

Nestled in the heart of North Park, this investment opportunity beckons with a Spanish-style charm and abundant potential. Comprising of 10 spacious units, including a mix of 8 one-bedroom and 1 bathroom units, as well as 2 two-bedroom and 2 bathroom units, this multifamily property stands out for its versatile layout. Select units feature fenced patios, while a lavish garden adds a touch of tranquility to the surroundings. The property boasts a multistory design, enhancing its visual appeal. Two of the units will be vacant at the close of escrow allowing a new Buyer to commence whatever upgrades/improvements they desire. Situated in a prime North Park location, this investment holds significant value-add potential (approximately 100% of rental upside potential). Off-street parking, complemented by 3 garages, ensures convenience for residents. With on-site laundry facilities, the property caters to modern living needs. The potential for an Accessory Dwelling Unit (ADU) further enhances the investment appeal. Easy alley access adds a practical dimension to the property, making it a promising venture in one of San Diego's sought-after neighborhoods.

240001170

MLS ID

January 16, 2024

Listed

February 15, 2024

Updated

Map

4204 Boundary
North Park CA, 92104

Interior Features

Total Stories

2


Bedrooms

3 Beds


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Other Property Details

Area Name

Metro Uptown


Days on Market

22


Garage

Yes


Parking Total

7


View

No


County

San Diego


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

2/8/2024

Price Change

$3,450,000

-8%

2/7/2024

Price Change

$3,450,000

-8%

Listed by The Browar Group, Josh Browar,
Listing Contact: 858-414-4398 

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