3509-13 Louisiana St, North Park, CA 92104

$1,400,000
4
BD
3
BA
69,000
SqFt
List Price
$1,400,000
Days on Market
2
Status
PENDING
MLS#
220000658
Bedrooms
4
Bathrooms
3
Living Sq. Ft
69,000
Lot Size(Range)
4,000-7,499 SF
Lot Size(apprx.)
6,920
City
North Park
Neighborhood
North Park
Complex/Building Name
N/A
Property Type
Multifamily
Year Built
1935

Property Description

Incredible location with huge upside potential! Quiet, family friendly North Park neighborhood a block from Morley Field /Dog Park /Balboa Park. 3 Units. Front house: 1,025 sq. ft. Craftsman w/ 2 bedroom + office/den, washer/dryer hook-ups, private yard and a 2 car garage. Unit 2: 787 sq. ft. 1 bedroom + office/den, garage and view balcony. Unit 3: 532 sq. ft. 1 bedroom w/ attached garage. One additional garage not used currently could be rented, converted to a dwelling or converted to a laundry room for additional income source. This location is one of the finest parts of North Park with easy access to restaurants, coffee, shopping, Down Town and minutes to the airport. Current rents are well below market value. Projections included are pre-renovation estimates. The potential is immense.

Additional Information

Building Name
N/A
Cooling
N/K
Gross Rent Multiplier Actual
25
Gross Rent Multiplier Project
16
Gross Scheduled Income Actual
54000
Heat Equipment
Wall/Gravity
Living Area
69,000
Lot Size
6,920
Lot Size Range
4,000-7,499 SF
Neighborhood
North Park
Pets
Yes
Roof
Composition
Stories
2 Story
Style
Res Income 2-4 Units
Tenant Pays
Cable TV, Electricity
Year Built
1935

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams SD Metro

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