eXp Realty of California, Inc.
Listed by eXp Realty of California, Inc.
$1,450,000
N/A
Details
APN 447-341-24-00
Property Type Multifamily
Sub Type Apartment Building
Units 3
Cap Rate 5.50%
Year Built 1982
Buildings 1
Acreage 0.080
Zoning R-3:RESTRI
Multifamily | 5.50% CAP | 3 Units
Marketing description
3 INCOME-PRODUCING UNITS WITH HUGE UPSIDE POTENTIAL IN RENTS! Located in the heart of North Park, this turnkey triplex at 4136 Cherokee Ave offers a rare opportunity for investors seeking immediate cash flow with room to grow. All three units are currently occupied and generating income. Each unit lives like a townhome rather than a typical rental, featuring 2 bedrooms, 1.5 baths, in-unit laundry, a private yard, and 2 dedicated parking spots. Every unit has been recently renovated with newer kitchens and baths, updated flooring, windows, and doors, stainless steel appliances, upgraded cabinetry, and individual Central A/C and Heating systems for tenant comfort and efficiency. Ideally situated close to everything North Park has to offer — trendy restaurants, breweries, boutique shops, and parks — with easy freeway access for commuters. Whether you're building a rental portfolio or looking for a turnkey multi-unit investment with strong upside, this property checks every box.
Listing Contacts
eXp Realty of California, Inc.
Listed by eXp Realty of California, Inc.
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