4441 Cherokee Ave - Apartments FOR SALE


San Diego, CA 92116- Normal Heights
$1,500,000 USD
760-419-5300
4441 Cherokee Ave, San Diego, CA for Sale
$1,500,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

4441 Cherokee Ave
San Diego, CA 92116
Normal Heights


OVERVIEW

Charming and well-located, this triplex in the heart of Normal Heights offers an exceptional investment opportunity. Situated at 4441–4445 Cherokee Avenue, the property features three units totaling 7 bedrooms and 3 bathrooms across 2,308 square feet on a 4,500-square-foot lot. Built in 1926 and renovated in 1950, the unit mix includes a front house with 3 bedrooms and 1 bathroom, and a rear duplex with two 2-bedroom, 1-bath units. The front house has been tastefully updated with a modern kitchen featuring granite countertops, refinished original hardwood floors, and new windows, roof, and foundation. Each unit is equipped with in-unit laundry, stainless steel appliances, and updated bathrooms with soaking tubs. Off-street parking is available. Ideally located within walking distance to Adams Avenue and close to North Park, Kensington, Mission Valley, and University Heights, the property offers convenient access to top dining, shopping, and entertainment, as well as downtown San Diego. With strong rental demand, recent improvements, and potential for value-add, this property is well-suited for both owner-occupants and investors looking to grow their portfolio in one of San Diego’s most desirable neighborhoods.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$650 USD /SF

# OF UNITS

3

PRICE/UNIT

$500,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,116 SF

ZONING

RM-1-1

APN/PARCEL ID

447-112-10-00

ASK ABOUT THIS PROPERTY

Will CreaganSouthwest Equity PartnersMore Info
760-419-5300

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Will CreaganSouthwest Equity PartnersMore Info
760-419-5300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.