San Diego, CA 92104,3711 35Th St
San Diego, CA 92104,3711 35Th St
San Diego, CA 92104,3711 35Th St
San Diego, CA 92104,3711 35Th St
San Diego, CA 92104,3711 35Th St
San Diego, CA 92104,3711 35Th St
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$990,000

$1,100,000

10.0%
Est.Price: ?

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Est. payment /mo

3,484 Sqft Lot


SOLD DATE : 03/06/2020

Key Details

Sold Price $990,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision North Park

MLS Listing ID 190039162

Sold Date 03/06/20

HOA Y/N No

Year Built 1942

Lot Size 3,484 Sqft

Property Description

Beautifully maintained 4 unit property in Cherokee Point. Property consists of (3) 1 bedroom, 1 bath units and (1) 2 bedroom, 1 bath, a 2 car garage and a 1 car garage and 2 additional parking spots. Units to be sold in conjunction with MLS#190039160 (a 3 bedroom 1.5 bath home listed at $600,00). On record they are two separate parcel numbers, but real make-up of property is 5 units. Each parcel can be financed separately to avoid commercial financing. Property is located within an "opportunity zone". "Opportunity zones are designed to spur economic development by providing tax benefits to investors. First, investors can defer tax on any prior gains invested in a Qualified Opportunity Fund (QOF) until the earlier of the date on which the investment in a QOF is sold or exchanged, or December 31, 2026. If the QOF investment is held for longer than 5 years, there is a 10% exclusion of the deferred gain. If held for more than 7 years, the 10% becomes 15%. Second, if the investor holds the investment in the Opportunity Fund for at least ten years, the investor is eligible for an increase in basis of the QOF investment equal to its fair market value on the date that the QOF investment is sold or exchanged." Neighborhoods: Cherokee Point Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 3711 Unit # for Unit 2: 3713 Unit # for Unit 3: 3715 Unit # for Unit 4: 3719 Number of Furnished Units: 0 Topography: LL

Location

State CA

County San Diego

Area 92104 - North Park

Zoning R-3:RESTRI

Interior

Heating Natural Gas

Cooling None

Fireplace No

Appliance Gas Water Heater

Exterior

Pool None

Roof Type Composition

Private Pool No

Building

Lot Description Sprinkler System

Story 2

Entry Level Two

Level or Stories Two

Others

Tax ID 4475911500

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Financing Conventional

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California Regional MLS (CRMLS)
Listed by James Gaulke • Coldwell Banker West
Bought with Tom Brooks • Maya Cima, Broker

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