3420 Cherokee Avenue

San Diego, CA 92104

$1,050,000
Last Sold Price
5
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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 cabin
  1. Listed by Brendan Flynn • DRE #01933302 • Brokerage DRE #01419860 • South Coast Commercial, Inc.

Property Details for 3420 Cherokee Avenue

Zoning
R-2
Cross Streets
Myrtle Ave
Source Living Area
404
Area
North Park (NOP)
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
447-703-15-00

Location

Listing Courtesy of South Coast Commercial, Inc., Brendan Flynn, DRE #01933302

Sold By Compass, Emma Lefkowitz, DRE #01480896

Add your commute
LISTING UPDATED: 06/08/2021 10:16 PM

Property Details for 3420 Cherokee Avenue

StatusSold
MLS #210009412SD
Days on Market29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size-
CountySan Diego County

Location

Listing Courtesy of South Coast Commercial, Inc., Brendan Flynn, DRE #01933302

Sold By Compass, Emma Lefkowitz, DRE #01480896

Add your commute

Building Information for 3420 Cherokee Avenue

Stories2Residences-Year Built1940Building Size-Lot Size-

Payment Calculator

$5,730 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3420 Cherokee Avenue

Community / Development
Community / Development
  • Complex Name: NA
  • Number Of Units: 2
  • Pets Allowed: Yes
  • Amenities: Laundry Facilities
  • Association Fees Include: Sewer, Trash, Water
  • Builders Tract Name: Cherokee Point
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 2
  • View: No
  • Security Features: None
  • Water: Meter on Property
  • Water District: CITY OF SAN DIEGO
Contract Info
Contract Info
  • Financing: Conventional
  • Listing Type: Exclusive Agency
  • Service Level: Entry Only
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $47,952.00
  • Gross Scheduled Income: $69,576
  • Cap Rate: 4.10%
  • Gross Rent Multiplier: $17.20
  • Other Income1: $.00
  • Total Annual Expense: 19537
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Location: Cul-De-Sac
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: None
  • Heating Type: Natural Gas
Exterior Features
Exterior Features
  • Spa: No
  • Roof: Composition
  • Fence: Cross Fenced, Full
Lease Terms
Lease Terms
  • Listing Terms: Cal Vet Loan, Cash, Conventional, Exchange, FHA, VA
  • Tenant Pays: Electricity, Gas/Propane
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $2,795.00
  • Unit Actual Rent: $2,795.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Rent: $2,960.00
  • Unit Actual Rent: $2,960.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1

Property History for 3420 Cherokee Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3420 Cherokee Avenue

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Cherokee Point Elementary School
PublicK to 5

Wilson Middle School
Public6 to 8

Hoover High School
Public9 to 12

Health Sciences High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of South Coast Commercial, Inc., Brendan Flynn, DRE #01933302

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