3312 Lincoln Ave, North Park, CA 92104

$2,050,000

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List Price
$2,050,000
Status
ACTIVE
MLS#
260023781SD
Lot Size
4,709
Acres
0.11
Days on Market
0
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

Opportunity to acquire 3312–3322 Lincoln Avenue, a fully renovated five-unit multifamily property located in the highly desirable North Park neighborhood of San Diego. Built in 1960 and fully renovated in 2020, the property features five cottage-style residences totaling approximately 2,050 rentable square feet on a 4,709-square-foot lot, with a unit mix of four (4) one-bedroom/one-bathroom units and one (1) studio. The property has been extensively improved inside and out with modern kitchens and bathrooms, vinyl plank flooring, recessed lighting, dual-pane windows, mini-split A/C, and select in-unit laundry. The cottage-style layout, private outdoor areas, and turnkey condition provide a unique residential setting with limited near-term capital requirements. Located in the heart of North Park, the property offers convenient access to the neighborhood’s dining, retail, entertainment, recreation, and major employment centers throughout central San Diego.

Additional Information

Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Attached Structure
Detached
Number Of Units Total
5
Gross Scheduled Income
$134,100
Operating Expense
48770

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

Mortgage Calculator

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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.