2416-18 Polk Ave 2416 Polk Ave Immeuble residentiel 2 lots 1 488 401 € (744 201 €/Lot) San Diego, CA 92104

Newer Construction Duplex with Two Separate APN's - Condo Conversion Potential
CBRE is pleased to present 2416-2418 Polk Ave, a two-unit apartment building in San Diego’s coveted North Park neighborhood. Built in 2013, the property consists of two large 2 Bed / 2 Bath units totaling 1,337 sf each. The units were designed with modern open floorplans and high ceilings which optimize space and comfort for residents. Each unit is two stories and features an attached two car garage, private rear yard, private roof deck, ducted heating and air conditioning and full-size washers and dryers. Kitchens are designed with butcher block countertops, farmhouse-style sinks and sleek cabinetry that provide abundant storage.
Current rents are well below market leaving significant upside for a new owner. The property is exempt for California AB 1482 rent control laws until 2028, allowing a new owner to raise rents to market immediately. The property's prime North Park location also creates a great short term rental opportunity ( Buyer to verify with City of San Diego).
The property has two separate APN's, allowing for future condo conversion potential and for the units to be sold invividually. Buyer to verify this ability with City of San Diego Development Department.