4052 Oregon Street, North Park, CA 92104

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Sold Price
$3,000,000
List Price
$3,000,000
Closing Date
Dec 30, 2025
Status
CLOSED
MLS#
250046288SD
Lot Size
6,995
Acres
0.16
Days on Market
0
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

$200K PRICE IMPROVEMENT!!! 9 Unit Apartment Building in North Park For Sale! 4.5% CAP RATE. 14.9 GRM. Property is gated with intercom access, 4 Garages in the alley and 4 tandem off-street parking spaces in front. The property is conveniently located across the street from the North Park Recreation Center and Community Park and in walking distance to multiple eateries. Unit interiors have been substantially renovated, and the concrete parking area in front was recently replaced. Large multifamily housing project on the North side of the property is currently under construction and may lead to a significant positive effect on the 4052 Oregon Street's market rents once project is completed and fully leased. ---Bring all offers / Owner may consider a seller carry back---

Additional Information

Heat
Wall Furnace
Exterior Construction
Stucco
Roof
Composition
Attached Structure
Detached
Number Of Units Total
9
Gross Scheduled Income
$241,080
Operating Expense
71100

Listing courtesy of Listing Agent: Daniel Melroy (dmelroy@melprop.com) from Listing Office: Melroy Investments Inc.

Listing sold by Daniel Melroy from Melroy Investments Inc

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.