3028 Howard Ave

San Diego, CA 92104

PRICE REDUCED

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-$80,000 (-4.31%)

$1,775,000

List Price

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Property Description

We are pleased to present this six-unit investment property in the vibrant and highly desirable North Park neighborhood of San Diego. The gated 6-unit community comprises five (5) 1 BD/1 BA, and one (1) studio apartment. Additionally, the property has 6 off-street parking spots, separate laundry, and maintenance storage. Known for its strong rental market, North Park offers investors a chance to capitalize on an area that combines consistent demand with proximity to some of the city’s most iconic landmarks. The parcel comes with an age-restricted Conditional Use Permit (CUP) that allows for higher-density development, provided that at least one resident in each unit is 62 years of age or older. This CUP is designed to facilitate the creation of much-needed housing tailored to the needs of older adults. This property offers an investor the opportunity to own a multifamily asset in one of San Diego’s most sought-after neighborhoods, known for its high walkability and vibrant community.

Listing Information

List Price $1,775,000
Status Active
MLS 240020546SD
HOA $0
Type Commercial
Subtype Mixed Use
Lot Size N/A
Structure Size N/A
DOM 57
Courtesy Of Keller Williams Realty
Listing Agent Doug Taber DRE#01920184

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Doug Taber, Keller Williams Realty 619-483-1031. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 25th, 2024 at 5:45 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.