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3448 50 Cherokee

San Diego, CA 92104
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Bed 9

Bed

Bath 5

Bath

SqFt7,028

Sqft(Lot)

Great investment opportunity to own a recently renovated Triplex in Cherokee Point with 4th 2 bed 2bath house in plans. Close proximity to downtown and Balboa Park. The Cherokee Point neighborhood is also landlocked between the 805 and 15 freeways, providing a quieter living experience compared to other parts of North Park, while still giving you easy access to all North Park has to offer including shopping, restaurants and activities. Which makes this a highly desirable location for a high performance investment. The property consists of 3 fully leased dwellings, Two 3 bedroom Houses and One 1 Bedroom. There are plans in the city for permits on an additional 2bed 2bath house. All houses have been upgraded with Newer Kitchens and Baths, LED lighting throughout, Ceiling Fans in every r oom, A/C and Heating, Washer and Dryer also included. This Houses are all individually Fully fenced yard and has Parking for multiple vehicles. Tenants pay all utilities. Currently priced with a 5.2 CAP. Proforma with adding the 4th dwelling will bring you over a 7plus CAP. Great turnkey investment with leases plus value-add opportunities. Great investment opportunity to own a recently renovated Triplex in Cherokee Point with 4th 2 bed 2bath house in plans. Close proximity to downtown and Balboa Park. The Cherokee Point neighborhood is also landlocked between the 805 and 15 freeways, providing a quieter living experience compared to other parts of North Park, while still giving you easy access to all North Park has to offer including shopping, restaurants and activities. Which makes this a highly desirable location for a high performance investment. The property consists of 3 fully leased dwellings, Two 3 bedroom Houses and One 1 Bedroom. There are plans in the city for permits on an additional 2bed 2bath house. All houses have been upgraded with Newer Kitchens and Baths, LED lighting throughout, Ceiling Fans in every room, A/C and Heating, Washer and Dryer also included. This Houses are all individually Fully fenced yard and has Parking for multiple vehicles. Tenants pay all utilities. Currently priced with a 5.2 CAP. Proforma with adding the 4th dwelling will bring you over a 7plus CAP. Great turnkey investment with leases plus value-add opportunities.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,627,450

AD Id : 90991719

MLS Id : 260021656SD

Beds : 9

Lot Size : 7,028 Sqft

Year Built : 1937

County : San Diego

Subdivision: Idlewild Park

  • Map Map

Map

Feature Features

  • Interior Features

    Roof: Composition
  • Heating & Cooling

    Has Heating: Yes Heating: ForcedAir, Zoned Has Cooling: Yes Cooling: Zoned

  • Building Information

    Year Built: 1937
    Stories: 1
    Private Pool: No

  • Lot Information

    Main Square Feet: 7028 Lot Size Acres: 0.1613 Lot Size Source: PublicRecords Lot Size Square Feet: 7,028

    Property Information

    Subdivision: North Park Source Property Type: ResidentialIncome Levels: One Property Age: 89

  • Listing Price Information

    Listing Price: $1627450
    Cash, Conventional, FHA

  • Tax Information

    Parcel Number: 4477031100

  • Location Information

    Direction: GPS CrossStreet: Myrtle Ave
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ByOwner last updated this listing 09/06/2026 @ 03:39

MLS: 260021656SD LISTED BY: Brian Jackel, Michael Stowers 619-520-9138 SOURCE: CRMLS

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