3420 22 Cherokee, San Diego, CA 92104

Property Description

Location location location! Drive this property and see just how quiet the area is. 3420-3422 Cherokee Ave is a craftsman-style "two on one" property located in the highly desirable North Park (92104) neighborhood of San Diego. Sitting near the end of the street with no outlet, these homes offer maximum privacy for their occupants. The detached homes feature a 2 bed/1 bath ($2,795/ month) and a 3 bed/2 bath ($2,960/ month). Unit 3422 has had a phenomenal long term tenant and was upgraded prior to move in approximately 3 & 1/2 years ago. Unit 3420 in the front of the property has a long driveway which leads to a single car garage, providing plenty of room for parking. The garage also can potentially be converted to an ADU, giving a future owner even more upside in both rent and property value. Furthermore, 3420 has been very recently upgraded and currently features: hardwood flooring, new paint, new bathroom with new tub, contemporary glass doors and shower tile with a new vanity. It has brand new kitchen cabinets, sink and stainless steel appliances (Gas stove, large double door refrigerator, a built-in microwave, dishwasher/disposal). Additional tenant amenities for both homes include a private patio area and laundry in each unit. This immaculately groomed and perfectly located asset allows a future owner the opportunity to lock in 30 year fixed financing at historically low rates, a value-add opportunity, a long-term hold opportunity and the chance to become an owner in one of the highest-demand rental markets in Southern California. Exterior: Wood/Stucco Unit # for Unit 1: 3420 Unit # for Unit 2: 3422 Number of Furnished Units: 0 Topography: LL Frontage: Open Space