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2842 Gunn St. San Diego, CA 92104
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Park
MLS Listing ID 230022835SD
Sold Date 01/25/24
HOA Y/N No
Year Built 1924
Property Description
VALUE-ADD DUPLEX IN NORTH PARK This duplex in North Park, an early 1900s craftsman-style property, presents a prime opportunity for restoration or development. Located on a 5,095 square foot lot, it features dual street frontage in a vibrant area. The property's positioning within a transportation district hints at the potential for high-density development. The duplex comprises a two-bedroom, one-bathroom home and a one-bedroom, one-bathroom apartment above a two-car garage. However, it's important to note the significant deferred maintenance issues. As a result, the property currently doesn't qualify for conventional, FHA, or VA financing, indicating a need for substantial investment and repair. This could be an ideal project for investors or developers seeking a value-add property in a desirable location.
Location
State CA
County San Diego
Area 92104 - North Park
Building/Complex Name West End
Interior
Cooling None
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4531020600
Acceptable Financing Cash
Listing Terms Cash
Financing Other
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Bought with Simon Saran • Dolan Realty Company