San Diego, CA 92104,4152 Iowa St
San Diego, CA 92104,4152 Iowa St
San Diego, CA 92104,4152 Iowa St
$3,375,000
Est. payment /mo
$3,000,000
12.5%
Est.Price: ?

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7,004 Sqft Lot
SOLD DATE : 09/28/2022

Key Details

Sold Price $3,375,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 220019167

Sold Date 09/28/22

Lot Size 7,004 Sqft

Acres 0.16

Property Sub-Type Apartment

Property Description

-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.

Location

State CA

County San Diego

Area North Park (92104)

Zoning RM-3-7

Interior

Heating Other/Remarks

Cooling Wall/Window

Flooring Other/Remarks

Exterior

Exterior Feature Remarks

Parking Features Garages, Spaces

Roof Type Composition

Total Parking Spaces 11

Building

Story 2

Lot Size Range .75 through 1.5 Acres

Others

Acceptable Financing Other/Remarks

Space Rent $177,360

Listing Terms Other/Remarks

Financing Cash to New Loan

Special Listing Condition Call Agent

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San Diego Regional MLS (SDMLS)
Listed by James V Carter • Apartment Realty Group (ARG)
Bought with Florian P Sighe • The Browar Group

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agent

Melissa Eannarino

+1(760) 845-1085

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