**8 Units Value-Add - Under $299k/unit - 7.97% Proforma CAP** Located in the heart of North Park, this 8-Unit Apartment Community is an incredible opportunity for the value-add investor or developer. With 75% upside in rental income and RM-3-7 zoning / Complete Communities Tier 3: 6.5 FAR, there is massive potential for the astute investor. Situated across four buildings on a 7,020sf parcel, the property consists of seven (7) 1Bedroom/1Bathroom units, and one (1) 2Bedroom/1Bathroom unit. Tenant amenities include an onsite laundry facility and common area yard (which has potential for ADU’s). With a WalkScore of 94, tenants are a short walk to shops, restaurants, and everything North Park has to offer. Don’t miss the opportunity to acquire this incredible value-add community in one of San Diego’s most sought after rental markets.