A rare North Park Craftsman compound delivering $112,800 in gross annual income at a 4% cap rate — turnkey, fully documented, and built for the long-term investor or owner-occupant seeking legacy ownership with immediate cash flow. The Main Residence (3BD/2BA | 1,554 SF) A true expression of Craftsman artistry —… Read More original lath and plaster walls, meticulously refinished hardwoods, and period hand-finished hardware. A rare stained-glass window leads to a kitchen reimagined with quartzite countertops, custom cabinetry, and Miele appliances. System Integrity Documented capital improvements include a new roof (2020), full PEX plumbing (2023), updated electrical, foundation and drainage improvements, and whole-home filtration. Fifteen years of thoughtful stewardship reflects a disciplined approach to long-term ownership. Given the exceptional condition and scope of recent upgrades, a buyer can realistically anticipate minimal maintenance demands for years to come — a meaningful advantage when underwriting long-term returns. The Botanical Sanctuary A private courtyard featuring 25 rare specimen palms, a custom water feature, flagstone patio, and professional landscape lighting that transforms the collection into a cinematic nightscape. The Income Compound (Two 1BD/1BA Residences) Separately metered and fully updated, the dual rear units generate $4,400/month combined. One unit is leased through October 2026; the second is available for immediate occupancy. Both feature separate gated alley access and dual-pane windows.The Income Compound (Two 1BD/1BA Residences) The North Park Unicorn: 8-CAR PARKING SPACES A 2-car garage, 4 off-street spaces for the main residence, and 2 dedicated alley spots for the income units — unheard of for the area. Read Less
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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