4136 Cherokee
San Diego, CA, 92104 $ 1,450,000
Baths0.0 Monthly Estimate*
$ 9,155
Listed by eXp Realty of California, Inc.
Studio for $1,450,000. This home was built in 1982 on a lot size of 0.0785.
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. 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 mini-split A/C 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.
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FeaturesGeneralHeating Electric See Remarks
Cooling See Remarks
Possession Close Of Escrow
Roof Rolled/Hot Mop
Appliances Gas Water Heater
Zoning R-3:RESTRI
HOA Fee 0
Pool Features None
Year Built 1982
Tenant Pays Electricity Gas Sewer Trash Collection Water
Stories Count 2
Levels Two
County San Diego
Net Operating Income 0
Property Type Residential Income
Subdivision Name North Park
Status Active
Directions Please use Google Maps CrossStreet: Orange/Polk
City San Diego
Senior Community Y/N false
Number Of Units Total 3
MLS Area 92104 - North Park
Lot Size Units Square Feet
Lot Size Square Feet 3419
Listing Terms Cash Conventional FHA VA Loan
Spa Features None
Standard Status Active
Cap Rate 5.5
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InteriorTotal Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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ExteriorFencing Partial
Total Parking 0
Lot Size Area 3419
Park Name N/A
Number of Buildings 1
Spa true
Lot Size Acres 0.0785
Private Pool false
Lot Size Source Assessor
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* Excluded FeaturesList ByExp Realty Of California, Inc.Broker
bill.r.morton@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,155
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in San Diego, CA
Average List Price $2,204,729
Percent of Sale Price 52%
About San Diego, CA 1,417,428 Population
15% Since 2002
$ 72,408 Median Income
36.37 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/17/2026 | $1,450,000 | | Listed Price |