3448 50 Cherokee, San Diego, California 92104

  • $1,585,000
  • $1,627,450
3448 50 Cherokee, San Diego, California 92104
Active
3448 50 Cherokee, San Diego, California 92104
3448 50 Cherokee, San Diego, California 92104
  • $1,585,000
  • $1,627,450

Description

Live in one large 3bed house and rent out the other houses for income and to off set your monthly expenses or have a Great investment opportunity to own a recently renovated Triplex in Cherokee Point with a4th 2 bed 2bath house in plans. Close proximity to downtown and Balboa Park. The Cherokee Point neighborhood is also landlocked between the 805 and 15 freeways, providing a quieter living experience compared to other parts of North Park, while still giving you easy access to all North Park has to offer including shopping, restaurants and activities. Which makes this a highly desirable location for a high performance investment. The property consists of 2 fully leased dwellings and one available for move in or rental, there are Two 3 bedroom Houses and One 1 Bedroom. There are plans in the city for permits on an additional 2bed 2bath house. All houses have been upgraded with Newer Kitchens and Baths, LED lighting throughout, Ceiling Fans in every room, A/C and Heating, Washer and Dryer also included. This Houses are all individually Fully fenced yard and has Parking for multiple vehicles. Tenants pay all utilities. Currently priced with a 5.2 CAP. Proforma with adding the 4th dwelling will bring you over a 7plus CAP. Great turnkey investment with leases plus value-add opportunities. Great investment opportunity to own a recently renovated Triplex in Cherokee Point with 4th 2 bed 2bath house in plans. Close proximity to downtown and Balboa Park. The Cherokee Point neighborhood is also landlocked between the 805 and 15 freeways, providing a quieter living experience compared to other parts of North Park, while still giving you easy access to all North Park has to offer including shopping, restaurants and activities. Which makes this a highly desirable location for a high performance investment. The property consists of 3 fully leased dwellings, Two 3 bedroom Houses and One 1 Bedroom. There are plans in the city for permits on an additional 2bed 2bath house. All houses have been upgraded with Newer Kitchens and Baths, LED lighting throughout, Ceiling Fans in every room, A/C and Heating, Washer and Dryer also included. This Houses are all individually Fully fenced yard and has Parking for multiple vehicles. Tenants pay all utilities. Currently priced with a 5.2 CAP. Proforma with adding the 4th dwelling will bring you over a 7plus CAP. Great turnkey investment with leases plus value-add opportunities.

  • Address 3448 50 Cherokee, San Diego, California 92104
  • City San Diego
  • State/county CA
  • Zip/Postal Code 92104
  • Area North Park
  • Country US

Details

Updated on October 26, 2026 at 11:20 pm
  • Property ID: 260021656SD
  • Price: $1,585,000
  • Land Area: 0.1613 Acres
  • Year Built: 1937
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Conventional, FHA
  • Roof: Composition
  • Cooling: Zoned
  • Heating: Forced Air, Zoned
  • County: San Diego
  • Property Type: Residential Income

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