4266 Cherokee Avenue San Diego, CA 92104

Updated triplex in North Park, one of San Diego’s fastest growing communities! The detached cottage style main home is a spacious 2 bedroom 2 bath with stainless steel appliances, wood flooring, A/C, security system & fenced in private patio & side yard. The rear 2nd story unit offers an open & ai...ry 2 BR 1 bath with a front 10X12 view patio deck. The ground floor one BR 1 bath has it's own exclusive fenced in yard. Both duplex units enjoy gated entry from assigned parking spaces. attached 15 X 40 garage is partitioned & rented as storage units with the potential for an ADU conversion. Pro Forma gross monthly rents of $8,275, & a cap rate of 5.5, ideal for an owner occupant with rent producing units. The property has not had a vacancy in over 10 years! A few blocks to outstanding restaurants and night life that the North Park community enjoys so much. Location is close to all, including the state of the art Wilson Middle School. Continue reading