Rare opportunity to acquire a great four-unit multifamily property in Cherokee Point, offering significant value add potential! Situated on an approximately 7,900 SF parcel, the property features an existing four-unit configuration with room to remodel and/or develop. One unit is currently tenant-occupied, while the remaining three vacant units are offer opportunity to renovate. This is an opportunity for a investor, developer or 1031 exchange buyer to reposition an existing multifamily asset and explore potential future development and ADU opportunities. Convenient location with access to surrounding neighborhoods, freeways and amenities. Bike or walk to some of both North Park and Normal Heights famous coffee shops and restaurants!
Listing courtesy of Listing Agent: Kristina Quesada (kristina.quesada@elliman.com) from Listing Office: Douglas Elliman of California, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.