$1,195,000
PENDING

Estimated payment $7,807/month

Total Views 6,225
4 Beds
2 Baths
1,319 Sq Ft
$906 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Level Lot
  • 1-Story Property
  • Gated Home
  • Heating System Uses Natural Gas

About This Home

Turnkey Furnished Duplex – Active Short-Term Rental in Cherokee Point Located in the highly sought-after Cherokee Point neighborhood near North Park, this fully remodeled duplex offers an exceptional opportunity for investors seeking strong short-term and long-term rental potential. Together, the two units have averaged $10,000–$12,000 per month in gross rental income, with high-season months reaching up to $18,000. Each of the two detached 2-bedroom, 1-bath units has its own private entrance, dedicated driveway parking (with EV charger), and private fenced-in yard—perfect for house hacking, long-term tenants, or short-term rental strategies. Both units have been extensively upgraded with brand-new appliances, all-new electrical, new windows, newer roofs, new fencing, newly poured concrete patios and walkways, and updated kitchens. The front unit includes existing in-unit laundry, and the back unit has 240V power availability by the brand new storage shed. Located in a walkable area near trendy restaurants, shops, and nightlife—with easy access to the 15, 805, and 8 freeways—this location consistently draws renters and holds long-term property value. The property also lies within a designated Opportunity Zone, adding meaningful long-term equity upside. Airbnb income history to be included with all seller disclosures. AirBnB income and owner expenses to be included with all seller disclosures.

Listing Agent

Seth Struiksma

Compass License #01868552 Listed on: 06/26/2025

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 3,818 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot

Parking

  • RV Access or Parking

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Wired For Data

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 447-411-26-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • 4066 Cherokee Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $124,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Polk Ave & Cherokee
  • Neighborhood: Cherokee Point - North Park
  • Supplement: AirBnB income and owner expenses to be included with all seller disclosures.
  • Stories: 1 Story
  • Total Stories: 1
  • Year Built: 1944
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco, Wood/Stucco
  • Fencing: Full, Gate

Garage/Parking

  • Parking for RV: On-Site Parking, Potential Space

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Telecommunications: Wired High Speed Internet

Condo/Co-op/Association

  • Complex Name: 4066 Cherokee
  • Pets Allowed: Yes
  • Community: NORTH PARK
  • Manager Name: Owner
  • Manager Phone: 714-448-4699

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Sidewalks, Street Paved
  • Topography: Level
  • Zoning: R-3:RESTRI
  • Assessor Parcel Number: 447-411-26-00
  • Estimated Lot Sq Ft: 3818
  • Estimated Number of Acres: 0.09
  • Map Code Column: G
  • Map Code Page: 1269
  • Map Code Row: 5

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 124800
  • Annual Expense Actual: 67200
  • Gross Rent Multiplier Actual: 16.0
  • Gross Sched Income Actual: 192000
  • Number Of Buildings: 2
  • Number Of Furnished Units: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $1,195,000 +53.4% $906 / Sq Ft
09/01/2020 09/01/20 Sold $779,000 0.0% $599 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $779,000 +71.2% $599 / Sq Ft
11/27/2019 11/27/19 Sold $455,000 -8.8% $352 / Sq Ft
11/09/2019 11/09/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $499,000 -- $386 / Sq Ft
Source: San Diego MLS

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Source: San Diego MLS

MLS Number: 250031736

San Diego MLS

APN: 447-411-26-00