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$2,100,000
23 Days Online

4020 Cherokee
San Diego, CA 92104

For Sale|Multi-Family|Active
County:
San Diego
Listed by Sez Sezer of Douglas Elliman of California sez@carmelvalley.com

Questions? Call or text Jean and Ken Tritle/ Buyer's Agents at DreamWell Homes Realty # 760-798-9024. Thanks!

Call Now: 760-798-9024
Is this the home for you? We can help make it yours.
760-798-9024
4020 Cherokee4020 Cherokee4020 Cherokee4020 Cherokee
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Monthly Payment (Est.)

$9,581
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Investment Opportunity Awaits. 10-Unit Multifamily Gem in Prime Location 4020 Cherokee Ave presents an unparalleled value-add investment opportunity for those looking to capitalize on the booming real estate market. This multifamily property, featuring a generous 6,585 sqft of living space on a sprawling 7,742 sqft lot, offers the perfect blend of potential and location. Comprising six 1-bedroom, 1-bathroom units and four 2-bedroom, 2-bathroom units, this property caters to a wide range of tenants. With 8 of the 10 units currently occupied, investors will enjoy immediate income generation. The two vacant units present an excellent opportunity for cosmetic enhancements to maximize rental income. Each unit comes with a dedicated parking spot, totaling 10 parking spaces. This highly desirable amenity enhances tenant satisfaction and retention. While structurally sound, this property is a blank canvas awaiting your vision. Cosmetic updates can significantly increase its value and rental appeal, offering an attractive ROI to the savvy investor. Located in the vibrant 92104 ZIP code, tenants have easy access to local amenities, public transportation, and major employment hubs. This multifamily property is a rare find for investors seeking to expand their portfolio with a project that promises both immediate returns and long-term capital appreciation. Whether you're looking to apply cosmetic updates to reposition the asset or hold it as a steady income source, 4020 Cherokee Ave offers a solid foundation for success.

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Listing Snapshot
Price 
$2,100,000
Days Online 
23 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,585 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
7,742 Acres
Year Built 
1968
MLS® Number 
NDP2402876
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
12 hours agoListing updated with changes from the MLS®
3 weeks agoListing first seen online
General Features
Parking Spaces 
10
Number of Stories 
2
Property Sub Type 
Multi Family
Zoning 
Commercial
Listing Conditions 
Standard
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Exterior Features
Lot 
Item01 Unit Acre
Community Features
Association Dues 
0
MLS Area 
92104 - North Park
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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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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Call or Text DreamWell Homes Realty at 760-798-9024 for more information. Thank you!