$2,875,000

Est. payment - /mo

15 Beds

12 Baths

5,392 SqFt

UPDATED:

Key Details

Sold Price $2,875,000

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Sold

Purchase Type For Sale

Square Footage 5,392 sqft

Price per Sqft $533

MLS Listing ID 260006951

Sold Date 07/01/26

Bedrooms 15

Full Baths 12

Lot Size 7,003 Sqft

Property Sub-Type Com-Res Income

Property Description

PRICE IMPROVEMENT! 12.1 X GROSS CURRENT INCOME: Presenting the "Mara" apartments, renovated and well maintained 9 Unit apartment complex located in the heart of North Park. The property features 3 (3br-2ba) and 6 (1br-1ba) units with 2 (2) car garages off the alley! Great potential to convert garages to ADU's. Plenty of parking onsite with 11 spaces plus 2 (2) car garages. Renovated units-upgrades include entire kitchens and bathrooms, paint, flooring, ceiling fans, light fixtures and appliances. Exterior paint, landscaping,security gates and siding. This a a true "Turn Key" property with strong CURRENT rents...no need to wait for years to bring your rents close to market. The 3br units have stacked washer/dryers and other units use the onsite laundry room.

Location

State CA

County San Diego

Area Metro Uptown

Interior

Fireplace No

Exterior

View Y/N No

Total Parking Spaces 7

Building

Story 2

Others

Senior Community No

Tax ID 4453420700

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Read Less Info

Listed by Robert Rodrigues, DRE#00810769 Real Properties Group
Bought with Maxwell Brown Commercial Asset Advisors

Nearby School & Business

Get More Information

Tamra Frost

+1(619) 890-7688

Agent | CA BRE #01870290

Agent CA BRE #01870290

San Diego Communities

4341 Texas Street San Diego, CA 92104