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

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