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Key Details
Sold Price $450,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 585 sqft
Price per Sqft $769
Subdivision North Park
MLS Listing ID 240002384SD
Sold Date 04/11/24
Bedrooms 1
Full Baths 1
Condo Fees $341
HOA Fees $341/mo
HOA Y/N Yes
Year Built 1995
Lot Size 0.281 Acres
Property Description
TURN-KEY CONDO, BEAUTIFUL COMPLEX, RIGHT IN THE HEART OF NORTH PARK!” WHAT WE LOVE: *Located in the epicenter of coveted North Park, this home sits appox 1 mile from Balboa Park, 1 mile to Hillcrest, 1 mile to the area's best restaurants, and quick interstate access. *Unit comes w/ one car garage AND a storage locker! *Laundry in-unit *Updated kitchen, flooring, bath & windows *Pool *Alley access *Gated. WHAT WE LOVE: North Park in San Diego has long been known for its appeal to real estate investors for several reasons. This home's curb appeal from the street, charm from behind the gates and updates on the inside make it check a lot of important boxes. But here are our top five reasons why North Park is considered one of the best places to own investment real estate in all of San Diego County: Vibrant Community and Lifestyle: North Park is renowned for its vibrant cultural scene, featuring a mix of unique shops, trendy restaurants, and art galleries. This lively atmosphere attracts a diverse range of tenants, from young professionals to artists, making it a desirable area for rental properties. Strong Rental Market: Thanks to its popularity among young professionals and its proximity to major employment hubs in San Diego, North Park experiences a strong and steady rental demand. This makes it an ideal location for investors looking for consistent rental income. Appreciating Property Values: While appreciation is never guaranteed, North Park has seen a steady increase in property values over the years, driven by its desirability and ongoing community investments. This appreciation potential makes it an attractive option for long-term real estate investment. Tenants Appreciate its Proximity to Major Attractions and Employment: Being close to downtown San Diego, Balboa Park, and several universities and hospitals, and the ability to use public transit, makes North Park a convenient and appealing location for renters. Unique Charm and Character: North Park is one of our most walkable communities in Uptown so you can best take in the unique charm and character with its historic homes and architecture, appealing to renters and buyers who are looking for something beyond standard suburban living. This uniqueness can be a significant draw for long-term tenants and can help maintain high occupancy rates.
Location
State CA
County San Diego
Area 92104 - North Park
Building/Complex Name The Milano
Zoning R-1:SINGLE
Interior
Interior Features Granite Counters, Recessed Lighting
Heating Electric
Cooling None
Fireplace No
Appliance Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
Laundry Electric Dryer Hookup, Inside
Exterior
Parking Features Assigned
Garage Spaces 1.0
Garage Description 1.0
Pool Community
Community Features Pool
Amenities Available Maintenance Grounds, Hot Water, Insurance, Storage, Trash, Water
View Y/N No
Roof Type Rolled/Hot Mop
Total Parking Spaces 1
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
HOA Name The Milano
Senior Community No
Tax ID 4456912809
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Financing Conventional
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Bought with Jared Nelson • Compass