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4053 Cherokee Avenue

Active

Featured Listing

4053 Cherokee Avenue

4053 Cherokee Avenue

$2,655,000

UNITS

9

PROPERTY TYPE

Multifamily

SQUARE FEET

5,908

CAP RATE

AE

Arby Eivazian

DRE# 01948830 · South Coast Commercial

619-990-4436

Property Details

Property Name

4053 Cherokee Avenue

Address

4053 Cherokee Avenue, San Diego, CA

Asking Price

$2,655,000

Units

9

Building Size

5,908 SF

Property Type

Multifamily

Cap Rate

Price Per Unit

$295,000

Status

Active

Broker

South Coast Commercial

Investment Opportunity

South Coast Commercial is pleased to present 4053 Cherokee Avenue, a fully renovated 9-unit multifamily investment in the highly desirable North Park neighborhood of San Diego. The unit mix includes six 1-bedroom/1-bath units and three 2-bedroom/1-bath units, each thoughtfully updated with faux-wood flooring, modern white cabinetry, grey quartz countertops, stainless steel appliances, and contemporary fixtures. Additional improvements include fresh paint, upgraded closet and interior doors, new bath vanities, and windows.

Exterior renovations include newer paint, updated fencing, refreshed landscaping, modern lighting, new mailboxes, a shared BBQ and picnic area, and a controlled-access entry system. On-site amenities include nine off-street parking spaces, leased laundry facilities, and additional storage. Professionally maintained and consistently 100% occupied, the property offers investors a low-maintenance, income-generating asset in a high-demand infill location.

Why This Property

Strong in-place income

High-demand urban corridor

Rental upside potential

Limited competing inventory

Suitable for 1031 exchange

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Interested in This Property?

Request the full offering memorandum, financial details, and schedule a private showing.

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