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$1,799,999
Est. payment /mo
5 Beds
3 Baths
Open House
Sat May 16, 12:00pm - 3:00pm
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision North Park
MLS Listing ID 260011355
Bedrooms 5
Full Baths 3
Year Built 1931
Property Sub-Type Res Income 2-4 Units
Property Description
Well-located, 2/3rd occupied triplex in the heart of North Park, one of San Diego's most vibrant and high-demand rental markets. 3572–74 Nile Street presents a compelling investment opportunity with immediate income and additional upside potential. The property features three fully upgraded units with functional layouts, ample natural light, with mini-split heating and cooling, and private living spaces that continue to attract and retain tenants. Current occupancy provides stable, in-place cash flow from day one, making this an ideal turnkey investment. Situated on a desirable residential street, the asset offers a blend of neighborhood charm and walkable access to North Park's renowned dining, coffee shops, and nightlife. With limited inventory in this vibrant submarket and continued rental demand, Nile Street stands out as a strategic acquisition for investors seeking both stability and growth.
Location
State CA
County San Diego
Area Metro Uptown
Interior
Cooling Zoned Area(s)
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Rolled/Hot Mop
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 453-754-28-00
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Listed by Ben Lucas, DRE#02056740 Compass
NEARBY SCHOOLS & PROPERTIES
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878