4441 Cherokee Ave - Apartments FOR SALE


San Diego, CA 92116- Normal Heights
$1,425,000 USD
760-419-5300
4441 Cherokee Ave, San Diego, CA for Sale
$1,425,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

4441 Cherokee Ave
San Diego, CA 92116
Normal Heights


OVERVIEW

Charming and well-positioned in the heart of Normal Heights, this triplex at 4441–4445 Cherokee Avenue presents an outstanding investment opportunity. The property consists of three units totaling 7 bedrooms and 3 bathrooms across approximately 2,308 square feet on a 4,500 square foot lot. The front house was originally constructed in 1926, while the rear duplex was added in 1950, offering a blend of historic character and mid-century appeal. The front 3-bedroom, 1-bath unit has been thoughtfully updated within the last 10–15 years and features a modern kitchen with granite countertops, a dishwasher, in-unit washer and dryer, and a private backyard with an elevated wood deck—perfect for indoor-outdoor living. The upper rear unit has also been renovated and includes vinyl plank flooring and stainless steel appliances, including a refrigerator, dishwasher, and microwave. The lower rear unit has not been updated, providing a solid value-add opportunity for future improvements. All three units are equipped with in-unit laundry. The property also includes one surface parking space located in the back alley, offering added convenience for tenants. 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 options, as well as downtown San Diego. With strong rental demand, recent improvements, and room for further upside, this triplex is well-suited for both investors and owner-occupants looking to grow their portfolio in one of San Diego’s most desirable urban neighborhoods.

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$617 USD /SF

# OF UNITS

3

PRICE/UNIT

$475,000

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

1

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.