NOT LISTED FOR SALE

4136 Cherokee Ave San Diego, CA 92104

Corridor Neighborhood
6 Beds
6 Baths
2,478 Sq Ft
3,419 Sq Ft Lot

Last Sold April 20, 2021

Last sale price $938,000 $379 Per Sq Ft

129 Days on Market

Highlights

  • RV Access or Parking
  • Property is Fully Fenced
  • Level Lot

About This Home

As of April 2021

3 INCOME PRODUCING UNITS WITH HUGE UPSIDE POTENTIAL IN RENTS!!!! All three units are currently rented and awaiting a new owner. Each unit has 2beds/1.5baths, individual laundry, private yards and 2 parking spots! The units are all turn key but could be renovated for a large value add to this investment. Units are close to all that NorthPark has to offer and easy access to the freeway make this the perfect investment property! Well maintained 3 units, all 2 bedroom 1.5 bath side by side apartments. Bedrooms and full bath are on the second story of each unit, with the kitchen/living/laundry/half bath and yards all on the first floor. The property is accessed from the alley and has 6 total parking spots. Every unit has its own private in unit laundry and fully fenced private yards off the living rooms. 3,419 sf lot with RM-1-2 zoning. This property is turn key with consistent rents, make it yours today!!!!!

Last Agent to Sell the Property

Dylan O'Neill

LPT Realty,Inc License #02096031 Listed on: 11/10/2020

LPT Realty,Inc

Co-Listed By

Brian Raynoha

Apartment Advisors Inc. License #01798711

Last Buyer's Agent

John Reeves

Reef Point Realty, Inc License #01861983

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 3,419 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Interior Spaces

  • 2-Story Property
  • Window Bars

Parking

  • Alley Access
  • RV Access or Parking

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 447-341-24-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 3 Units
  • Net Operating Income $32,656

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Cherokee and Orange
  • Neighborhood: Teralta
  • Supplement: Well maintained 3 units, all 2 bedroom 1.5 bath side by side apartments. Bedrooms and full bath are on the second story of each unit, with the kitchen/living/laundry/half bath and yards all on the first floor. The property is accessed from the alley and has 6 total parking spots. Every unit has its own private in unit laundry and fully fenced private yards off the living rooms. 3,419 sf lot with RM-1-2 zoning. This property is turn key with consistent rents, make it yours today!!!!!
  • LP / Sq Ft: 23.29
  • Stories: 2 Story
  • Sale Price List Price: 1.01
  • Total Stories: 2
  • Year Built: 1981
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Prkng Non Garage Spac U3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Wood/Stucco
  • Fencing: Full

Garage/Parking

  • Parking for RV: On-Site Parking

Utilities

  • Security: Security Bars
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: NORTH PARK

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Alley Access
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: RM-1-2
  • Assessor Parcel Number: 447-341-24-00
  • Estimated Lot Dimensions: 49 x 69
  • Estimated Lot Sq Ft: 3419
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.08

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 32656
  • Annual Expense Actual: 18500
  • Annual Expense Projected: 18500
  • Gross Rent Multiplier Actual: 17.72
  • Gross Rent Multiplier Projected: 15.81
  • Gross Sched Income Actual: 52020
  • Gross Sched Income Projected: 61020
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

Range of Values:

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Sold Price
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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
04/20/2021 04/20/21 Sold $938,000 +1.4% $379 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $925,000 0.0% $373 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $925,000 0.0% $373 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/05/2021 02/05/21 Price Changed $925,000 -7.0% $373 / Sq Ft
01/04/2021 01/04/21 Price Changed $995,000 -7.4% $402 / Sq Ft
11/10/2020 11/10/20 For Sale $1,075,000 -- $434 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dylan O'Neill

    Seller's Agent in 2021

    Dylan O'Neill

    LPT Realty,Inc

    (619) 672-3963

    1 in this area

    46 Total Sales

    Dylan O'Neill
    Section Image

  • B

    Seller Co-Listing Agent in 2021

    Brian Raynoha

    Apartment Advisors Inc.

    Section Image

  • J

    Buyer's Agent in 2021

    John Reeves

    Reef Point Realty, Inc

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 200051209

San Diego MLS
California San Diego County San Diego 92104 Corridor

4136 Cherokee Ave, San Diego, CA

This home is located at 4136 Cherokee Ave, San Diego, CA 92104 since 10 November 2020. This property was built in 1981. 4136 Cherokee Ave is a home located in San Diego County with nearby schools including Edison Elementary School, Wilson Middle School, and Herbert Hoover High School.

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