Active

4052 Oregon Street

North Park CA, 92104

$3,600,000


$632.36 per sqft

Active

3 Beds

5,693 sqft

Commercial

$200K PRICE IMPROVEMENT!!! 9 Unit Apartment Building in North Park For Sale! 4.5% CAP RATE. 14.9 GRM. Property is gated with intercom access, 4 Garages in the alley and 4 tandem off-street parking spaces in front. The property is conveniently located across the street from the North Park Recreation Center and Community Park and in walking distance to multiple eateries. Unit interiors have been substantially renovated, and the concrete parking area in front was recently replaced. Large multifamily housing project on the North side of the property is currently under construction and may lead to a significant positive effect on the 4052 Oregon Street's market rents once project is completed and fully leased. ---Bring all offers / Owner may consider a seller carry back---

240007521

MLS ID

April 9, 2024

Listed

July 13, 2024

Updated

Map

4052 Oregon Street
North Park CA, 92104

Interior Features

Total Stories

2


Bedrooms

3


Appliances

Dishwasher, Range, Refrigerator, Disposal


Laundry Description

Leased


Floor Description

Concrete, Vinyl


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Features

Sprinklers In Front, Landscaped


Roof

Composition

Other Property Details

Area Name

Metro Uptown


Days on Market

60


Garage

Yes


Parking

Garage, Spaces


Parking Total

12


View

No


County

San Diego


Pool

No


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

5/16/2024

Price Change

$3,600,000

-6%

Listed by Melroy Investments Inc, Daniel J Melroy,
Listing Contact: 858-414-1853 

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