5 Units. 3 Buildings. An exceptional opportunity to own a high-performing, fully updated multi-unit property in the heart of North Park—one of San Diego’s most sought-after rental markets. Situated on a large lot just steps from Balboa Park, Morley Field, and the neighborhood’s top dining, coffee shops, and boutiques, this… Read More property combines location, design, and income potential. The front home features a beautifully remodeled three-bedroom, two-bath layout with modern finishes, while a well-maintained duplex offers two spacious two-bedroom, one-bath units, and an additional one-bedroom unit adds further flexibility. A freestanding one-bedroom, one-bath/one bed ADU provides immediate upside, previously rented at $1,950 per month and not included in the listed unit count or current rents. Each residence enjoys a private entrance and outdoor space, enhancing tenant privacy and retention. With all major updates complete, strong in-place income, and clear potential for growth, this property represents a rare turnkey investment delivering steady cash flow and long-term appreciation in one of San Diego’s most desirable neighborhoods. Read Less
Listing Snapshot
Days Online
63
Last Updated
Year Built
1921
MLS Number
250043660SD
Additional Details
Appliances & Equipment
GasWaterHeater, TanklessWaterHeater
Building
Built in 1921, 3 buildings, 2 stories, Levels: Two
Community
Park Name: 3365-3371 Grim Ave
Cooling
CentralAir, WallWindowUnits
Fence
Partial
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $184,800, Net Operating Income: $150,800
Pool
None
Roof
Composition
Taxes
Parcel Number: 4534920500
Tenant Pays
CableTv
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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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