$999,000
Rare opportunity to acquire a great four-unit multifamily property in Cherokee Point, offering significant value add potential! Situated on an approximately 7,900 SF parcel, the property features an existing four-unit configuration with room to remodel and/or develop. One unit is currently tenant-occupied, while the remaining three vacant units are offer opportunity to renovate. This is an opportunity for a investor, developer or 1031 exchange buyer to reposition an existing multifamily asset and explore potential future development and ADU opportunities. Convenient location with access to surrounding neighborhoods, freeways and amenities. Bike or walk to some of both North Park and Normal Heights famous coffee shops and restaurants!
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