Listing ID210028165
Sold For$1,950,000
StatusSOLD
SqFt
7,000
CountySan Diego
Year Built2018
Property Type2-4 Units
Great investment opportunity to complete the construction of the Hamilton Townhomes Project in North Park. Partially built, this 4-unit multi-family project features a modern layout for each unit with 3 bedrooms, 3 bathrooms, a 2-car enclosed garage, 3 outdoor patios, and a rooftop deck with city and mountain views. Approved architectural and landscape plans available upon request. The original developer halted construction a couple years ago, though more than half of the project has already been completed. It’s time for a new developer to add the finishing touches and enjoy upwards of $20k/mo in rental income. Additionally, developer could consider subdividing the project into 4 for-sale condos. Perfect location! Easy walk to the neighborhood centers of North Park, University Heights and Normal Heights.Quick access to I-8 and I-805. Take advantage of this unique, value-add development opportunity.
County
San Diego
City
San Diego
Property Type
2-4 Units
Year Built
2018
Cooling
N/K
Heat Equipment
N/K
Heat Source
Natural Gas
Levels
3 Story
Total Stories
3
Unit 1 Estimated SqFt
1722
Unit 1 Laundry Hook Ups
Yes
Unit 1 Number of Bedrooms
3
Unit 1 Number of Full Baths
3
Unit 1 Number Total Baths
3
Unit 2 Estimated SqFt
1695
Unit 2 Laundry Hook Ups
Yes
Unit 2 Number of Bedrooms
3
Unit 2 Number of Full Baths
3
Unit 2 Number Total Baths
3
Unit 3 Estimated SqFt
1695
Unit 3 Laundry Hook Ups
Yes
Unit 3 Number Bedrooms
3
Unit 3 Number of Full Baths
3
Unit 3 Number of Half Baths
1
Unit 3 Number Total Baths
4
Unit 4 Estimated SqFt
1722
Unit 4 Laundry Hook Ups
Yes
Unit 4 Number of Bedrooms
3
Unit 4 Number of Full Baths
3
Unit 4 Number Total Baths
3
Unit Number for Unit 1
Unit 1
Unit Number for Unit 2
Unit 2
Unit Number for Unit 3
Unit 3
Unit Number for Unit 4
Unit 4
Entry Only
yes
Exterior
Stucco
Fencing
N/K
Frontage
N/K
Irrigation
N/K
Lot Size
4,000-7,499 SF
Neighborhood
North Park
Number of Buildings
1
Number of Units
4
Number of Units w/Garage
4
Number of Units w/Patios
4
Parking Garage Unit 1
Attached
Parking Garage Unit 2
Attached, Gated
Parking Garage Unit 3
Attached, Gated
Parking Garage Unit 4
Attached, Gated
Parking Non-Garage Unit 1
None Known
Parking Non-Garage Unit 2
None Known
Parking Non-Garage Unit 3
None Known
Parking Non-Garage Unit 4
None Known
Pool
N/K
Pool Heat
None Known
Roof
Other/Remarks
Site
Alley Access, Public Street, Sidewalks, Street Paved
Spa
N/K
Spa Heat
None Known
Unit 1 Parking Garage Space
2
Unit 2 Parking Garage Space
2
Unit 3 Parking Garage Space
2
Unit 4 Parking Garage Space
2
Water
Available
Water District
CITY OF SAN DIEGO
Water Heater Type
Other/Remarks
Community
NORTH PARK
Complex/Park
Hamilton Townhomes
Country
United States
Market Area
Metro Uptown
Topography
Level
View
City, Evening Lights, Mountains/Hills
Zip/Area
NORMAL HEIGHTS (92116)
Miscellaneous
N/K
Property Type
2-4 UNITS
Supplement
Quick access to I-8 and I-805. Take advantage of this unique, value-add development opportunity.
Telecommunications
N/K
Age Restrictions
N/K
Financing
Other/Remarks
Other Fee Type
N/K
Possession
Close of Escrow
Sale/Rent
For Sale
Sales Restrictions
N/K
Short Sale
no
Tenant Pays
N/K
Terms
Cash, Conventional
Unit 1 Projected Rent
5000
Unit 2 Projected Rent
4800
Unit 3 Projected Rent
4800
Unit 4 Projected Rent
5000
Vacation Rental By Owner
no
Contact - Listing ID 210028165
Lawrence Dy
11440 W. Bernardo Ct #300
San Diego, CA 92127
Phone: 8584491253
Phone Alt: 8584491253
Data services provided by IDX Broker
