3781 Alabama St, North Park, CA 92104

$1,695,000

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List Price
$1,695,000
Status
ACTIVE
MLS#
260014182SD
Days on Market
48
Property Type
Land
Neighborhood
North Park

Property Description

3781 Alabama St is a rare value-add development opportunity in the heart of North Park. Presently the property includes a fully renovated 2-bed / 2-bath single-family residence and will be delivered with ready to issue plans & permits for the development of (9) ground up 1-bed / 1-bath apartment units behind the home. Located within walking distance of North Park’s vibrant dining, retail, and entertainment amenities along University Avenue, the property offers residents exceptional walkability and convenience with easy access to Downtown San Diego and Balboa Park. Combined with permit-ready plans and attractive projected rental income, 3781 Alabama St offers investors the opportunity to capitalize on a premier development site in one of San Diego’s strongest rental markets.

Additional Information

Water
See Remarks
Attached Structure
Detached

Listing courtesy of Listing Agent: Carson Trujillo (carson@whitewatercre.com) from Listing Office: Whitewater CRE Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.