3245-57 Bramson Place, a fully occupied 8-unit multifamily property in North Park, San Diego. The property features (3) one-bedroom and (5) two-bedroom units and offers immediate value-add potential through an increase in rents and the conversion of three garages into additional rental units. With nine dedicated parking spaces and on-site… Read More laundry, the property supports tenant retention while providing significant potential to increase cash flow. Highly accessible to downtown San Diego, Mission Valley, and key employment and lifestyle destinations, the area attracts a large and affluent renter base. Situated in the heart of North Park, the property is surrounded by one of San Diego’s most established urban neighborhoods. Residents benefit from immediate access to Balboa Park, Downtown, and major employment corridors, as well as a wide array of dining, breweries, boutique retail, and cultural venues. North Park’s combination of connectivity, amenities, and historic character continues to distinguish it as one of the city’s most desirable residential communities. Across the street from the coming soon Sprouts Market. Limited multifamily supply and strong demand for quality rental housing position 3245–57 Bramson Place for both near-term revenue growth and long-term appreciation, making it a compelling investment opportunity in one of San Diego’s most desirable urban communities. Read Less
Listing Snapshot
Days Online
46
Last Updated
Property Type
Mixed Use
Lot Size
0.24 Acres
MLS Number
250039649SD
30 Days Snapshot Of 92104
$969k
+17%
(avg) sold price
20
-16%
homes sold
46
-36%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1 building, Construction materials: Stucco
Expenses
Operating expense: $55,369
Income
Net operating income: $148,241
Lot
0.2412 acres, 10,507 square feet, Size: 10,507
Parking
9 totals parking
Property
Zoning: R-3:RESTRI
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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