3780-3782 Arizona Street, North Park, CA 92104

List Price
North Park

Property Description

ABSOLUTE CASH COW POTENTIAL!! RM 1-1 Zoning Permitting for up to 30ft Max Structure Height with Unlimited Unit Potential! Your Beautiful Modern Craftsman Home offers 2700 Additional Buildable Square Footage Not Including the THREE STRUCTURES Already On the Premise (That Can Be Built to 3-Stories EACH!) Newly Renovated Front Home Has Tenants In Process of Acceptance and Back Unit Tenant Occupied and Already Has Been Notified, and Detached Garage Serves As An Easy Conversion to a 1-Bedroom!! Front Home Spares No Expense in Upgrades! French Oak Floors, Light and Bright Kitchen With Beautiful Overhang Island, Resort-Style Master Bathroom with 10 SHOWER HEADS (Including 2 Rainfall Shower Trims), Spanish Tile in Both Bathrooms, Smart HALO Can-less Lights Throughout, and HUGE Front & Back Yards! 3 min Walk to 30th Street, 5 min Walk to Hillcrest, 5min Walk to Balboa Park, and 5 min Drive to Downtown! AirDNA Analysis Shows $84k Gross Rental Income Through AirBnB (JUST FOR THE FRONT HOUSE) $78k Gross Rental Income for Back Home = $162,000 Gross Rental Income Right off the Bat!! Hard to Ask for a Better Opportunity! NO BUILDING RESTRICTIONS, PERMITS IN PROCESS FOR ADDITIONS, and Only 10% of the Project Left for Completion!! Come Make This Incredible Opportunity Yours!

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Calculator source: Real Geeks

Courtesy of Real Broker, Christopher T Burgos.