San Diego, CA 92104,3807 Arnold Avenue
San Diego, CA 92104,3807 Arnold Avenue
San Diego, CA 92104,3807 Arnold Avenue
San Diego, CA 92104,3807 Arnold Avenue
San Diego, CA 92104,3807 Arnold Avenue
San Diego, CA 92104,3807 Arnold Avenue
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$1,070,000

$1,095,000

2.3%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 10/24/2023

Key Details

Sold Price $1,070,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision North Park

MLS Listing ID 230013664SD

Sold Date 10/24/23

HOA Y/N No

Year Built 1925

Property Description

We are pleased to present 3807 Arnold Ave, a 2-unit multi-residential community located in the North Park neighborhood of San Diego, California. Constructed in 1925, the two-story property is situated on 0.05 acres and is comprised of one (1) studio and one (1) two-bedroom/one-bathroom single family residence totaling approximately 1,384 square feet. The subject property is ideally located in the southern end of North Park, today's epicenter of rent growth in San Diego. Additionally, the property is a few blocks away from Morley Field/Balboa Park which offers tennis courts, public pool, baseball ?elds, archery range, hiking trails, dog park, disk golf course, playground, and a speed track for bicyclist. Residents at the subject property enjoy immediate walking access to the many bars and restaurants on University Avenue and 30th Street. Additionally, the property boasts a Walk Score of 96 points which is considered a “Walker’s Paradise,” meaning that daily errands do not require a car and can be accomplished on foot. Lastly, residents enjoy easy access to Interstate 805 via University Avenue. The subject property provides an investor the rare opportunity to purchase a very well-maintained investment in a high barrier to entry market. The asset is well-positioned for an investor to enjoy the high rate of rental growth that North Park has to offer. Offered free and clear of debt, allowing investors to take advantage of historically low interest rates.

Location

State CA

County San Diego

Area 92104 - North Park

Building/Complex Name Duplex

Interior

Cooling Heat Pump

Fireplace No

Exterior

Fence None

View Y/N No

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Tax ID 4530720600

Financing Other

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California Regional MLS (CRMLS)
Listed by Kire Nastevski • Marcus & Millichap
Bought with Kire Nastevski • Marcus & Millichap
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6201 E Bayshore Walk, Beach, CA, 90804, USA

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