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A rare North Park Craftsman compound offering pro forma $112,800 in gross annual income at a 4% cap rate "” turnkey, fully documented, and built for the long-term investor or owner-occupant seeking legacy ownership with immediate cash flow. The Main Residence (3BD/2BA | 1,554 SF) A true expression of Craftsman artistry "” original lath and plaster walls, meticulously refinished hardwoods, and period hand-finished hardware. A rare stained-glass window leads to a kitchen reimagined with quartzite countertops, custom cabinetry, and Miele appliances. System Integrity Documented capital improvements include a new roof (2020), full PEX plumbing (2023), updated electrical, foundation and drainage improvements, and whole-home filtration. Fifteen years of thoughtful stewardship reflects a disciplined approach to long-term ownership. Given the exceptional condition and scope of recent upgrades, a buyer can realistically anticipate minimal maintenance demands for years to come "” a meaningful advantage when underwriting long-term returns. The Botanical Sanctuary A private courtyard featuring 25 rare specimen palms, a custom water feature, flagstone patio, and professional landscape lighting that transforms the collection into a cinematic nightscape. The Income Compound (Two 1BD/1BA Residences) Separately metered and fully updated, the dual rear units potential income $4,400/month combined. One unit is leased through October 2026; the second is available for immediate occupancy. Both feature separate gated alley access and dual-pane windows.The Income Compound (Two 1BD/1BA Residences) The North Park Unicorn: 8-CAR PARKING SPACES A 2-car garage, 4 off-street spaces for the main residence, and 2 dedicated alley spots for the income units "” unheard of for the area.
Property Type(s):
Residential Income
| Last Updated | 3/4/2026 | Year Built | 1970 |
|---|---|---|---|
| Community | 92104 - North Park | Garage Spaces | 2.0 |
| County | San Diego |
Additional Details
| APPLIANCES | Built-In Range, Freezer, Gas Oven, Gas Range, Range Hood, Refrigerator |
|---|---|
| AREA | 92104 - North Park |
| GARAGE | Yes |
| HEAT | None |
| LOT | 6260 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 6259 |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| UTILITIES | Electricity Connected |
Location
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Listed with eXp Realty of California, Inc.
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