Sold
3639 Georgia Street
Mission Hills CA, 92103
$2,070,000
$734.56 per sqft
Sold
6 Beds
4 Baths
2,818 sqft
Multi-family
Built in 1927
Georgia & Cypress is a unique high quality apartment property in an A+ area of North Park, San Diego, with 3 addresses associated with 92103 (Hillcrest) and 1 address associated with 92104 (North Park). The property sits just 2 blocks to the world renown Balboa Park and is within walking distance of trendy restaurants, upscale grocery stores, coffee shops and nightlife. Georgia & Cypress consists of 2 - 2 Bedroom / 1 Bathroom units and 2 - 1 Bedroom / 1 Bathroom units WITH EXCESS LAND TO POTENTIALLY ADD AN ADDITIONAL 2 UNITS TO THE SITE. The property is on a corner lot and has 4 designated parking spaces in the rear of the property. Each unit has a large storage area and 3 of the 4 units have washer/dryer hookups with one unit having adequate space to add this feature. The property also boasts a new roof (2021), newer dual pane windows, a complete exterior painting (2020) and landscaping. The interiors have been kept very well over the years with various upgrades to 3 of the 4 units. Although the property is meticulously maintained, due to long term ownership, the in-place rents are very low. There is significant upside potential through a complete renovation of unit 3647 Georgia St. & minor updates to the remaining units. Unit 3639 Georgia St. (2BR/1BA) will be delivered vacant at the close of escrow, allowing a buyer the opportunity to live in the unit and rent out the others, or to complete additional updates to bring the rent up to market. Georgia & Cypress offers an opportunity for the long term investor or owner occupier to own a rarely offered, highly unique property
220018369
MLSⓇ ID
July 1, 2022
Listed
February 10, 2024
Updated
Map
3639 Georgia Street
Mission Hills CA, 92103
Interior Features
Total Stories
1
Bedrooms
6 Beds
Bathrooms
4 Baths
Appliances
Range/Oven, Refrigerator, Dryer, Washer
Laundry Description
Unit 1 Hookups, Unit 2 Hookups, Unit 4 Hookups
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
No
Exterior/Building Features
Roof
Rolled/Hot Mop
Other Property Details
Area Name
Metro Uptown
Days on Market
31
Garage
No
View
No
County
San Diego
Pool
No
Zoning
RM-3-7
Buyer Agency Compensation
2.5%
Listed by David Santistevan, Corey McHenry,
Listing Contact: 619-565-0179
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Data last updated 2:01 AM UTC, 2/10/2024