1913-27 Georgia Ct, North Park, CA 92104

$3,250,000
14
BD
9
BA
5,100
SqFt

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List Price
$3,250,000
Days on Market
58
Status
ACTIVE
MLS#
260016918
Bedrooms
14
Bathrooms
9
Living Sq. Ft
5,100
City
North Park
Property Type
Multifamily

Property Description

We are pleased to present the exclusive listing for 1913–27 Georgia Court, a 9-unit multifamily investment opportunity located on the highly desirable border of the North Park and Hillcrest neighborhoods in San Diego, California.? Originally constructed between 1930 and 1950, the character-rich property features a durable concrete foundation, classic stucco exterior, wood-framed roofing, and a distinctive courtyard-style layout.? Offered for the first time in over 20 years, this unique property combines low-density, cottage-style living with strong near-term rental upside and long-term redevelopment potential.? The 5,100-square-foot property consists of five 2-bedroom / 1-bathroom cottages and four spacious 1-bedroom / 1-bathroom units.? The attractive unit mix, select units with private yards and large designated storage space for each cottage unit.? Abundant off-street parking includes (9) dedicated spaces (one per unit), and each unit is separately metered for SDG&E.? Recent exterior capital improvements include a new concrete driveway, dual-pane windows in four units, and all-new exterior siding on Cottage Unit 1919.? Through a modern renovation, an investor could capture significant upside and bring rents to current market levels.?

Additional Information

Living Area
5,100
Stories
2

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ben Sierpina (858-775-9825) from Listing Office: Marcus & Millichap.

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