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4045 Cherokee Ave

San Diego, CA 92104
  • $2,195,000
  • STATUS: ACTIVE
  • ON SITE: 76 Days
  • ID#: 240025551
Price Reduced
UPDATED: 43 min ago
$2,195,000
  • 12
    BEDS
  • 0.16
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Excellent North Park - City Heights location in one of the most vibrant rental areas in Metro San Diego. This property consists of 3 two bedroom/one bath units and 6 one bedroom/one bath units with onsite laundry as well as parking with 4 spaces in the front and 5 spaces off the alley. Ideally located on a 7,005 square foot parcel, incredible opportunities exist for the new owner who wishes to renovate and personalize the interior and exterior spaces. This property has been in the same family for 49 years and has been well maintained with moderate updating. Walkscore.com rates this property as a 90 out of 100 with nearby parks and shopping, so daily errands may not require a car.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/157278106
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4045 Cherokee Ave San Diego, CA 92104

  • Price: $2,195,000
  • Status: ACTIVE
  • On Site: 76 Days
  • Updated: 43 min ago
  • ID#: 240025551
12
Beds
9
Baths
0
½ Baths
0.16
Acres
Neighborhood:
North Park (92104)
County:
San Diego
Area:
North Park (92104)
Property Description
Excellent North Park - City Heights location in one of the most vibrant rental areas in Metro San Diego. This property consists of 3 two bedroom/one bath units and 6 one bedroom/one bath units with onsite laundry as well as parking with 4 spaces in the front and 5 spaces off the alley. Ideally located on a 7,005 square foot parcel, incredible opportunities exist for the new owner who wishes to renovate and personalize the interior and exterior spaces. This property has been in the same family for 49 years and has been well maintained with moderate updating. Walkscore.com rates this property as a 90 out of 100 with nearby parks and shopping, so daily errands may not require a car.
Exterior Features

Parking Spaces Total 9

Interior Features

Sq Ft Of Improvement 6000 Units With Ranges 9 Units With Refrigerators 9

Property Features

Actual Cap Rate 4.75 Actual Gross Scheduled Income 178560.0 Actual Operating Expense 58870 Assumable Finance 0 Buildings 1 Gross Equity 2300000 Gross Multiplier 12.88 Have 9 units Mandatory Remarks None Known Market Area Metro Uptown Motive Want Sell Short Sale No Tenant Pays Electric y Tenant Pays Gas y Tenant Pays Water n Unit Number1 1 Unit Number2 2 Unit Number3 3 Unit Number4 4 Unit Number5 5 Unit Number6 6 Unit Number7 7 Unit Number8 8 Unit Number9 9 Unit Rent Total1 1599 Unit Rent Total2 1428 Unit Rent Total3 1794 Unit Rent Total4 1695 Unit Rent Total5 1534 Unit Rent Total6 1534 Unit Rent Total7 1583 Unit Rent Total8 1695 Unit Rent Total9 1963 Unit Rent1 1599 Unit Rent2 1428 Unit Rent3 1794 Unit Rent4 1695 Unit Rent5 1534 Unit Rent6 1534 Unit Rent7 1583 Unit Rent8 1695 Unit Rent9 1963

San Diego MLS logo Listing provided courtesy of Brian Yaw of Scott & Quinn Real Estate: 619-962-4663. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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4138 Napier St.
San Diego CA, 92110