$1,627,450
3448-50 Cherokee
Cherokee Point · San Diego, CA 92104
Listing agent: Brian Jackel, Michael Stowers
Last updated Oct 7, 2026, 2:44 PM
Key details
About this home
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.
Features
- Forced Air Unit
- Zoned Area(s)
- Zoned Areas
Home facts
Monthly payment
Estimate only. The rate, tax, and insurance figures are editable placeholders, not a lender quote.
- Principal and interest $8,229.27
- Property tax $1,491.83
- Insurance $474.67
- HOA $0.00
Comments
No comments yet.
Location
Similar homes
Open house · Oct 17, 2026, 12:00 PM–3:00 PM4 bed · 2 bath · 0 ft²
2450 A st, San Diego, CA 92102
Listing agent: Craig Schniepp, Berkshire Hathaway HomeServices California Properties
Last updated Oct 16, 2026, 2:37 PM
Open house · Oct 17, 2026, 12:00 PM–3:00 PM5 bed · 3 bath · 2,275 ft²
4030 Forney, San Diego, CA 92117
Listing agent: Jeffrey Nix, Redfin Corporation
Last updated Oct 16, 2026, 10:52 AM
Open house · Oct 17, 2026, 1:00 PM–3:00 PM5 bed · 3 bath · 2,330 ft²
7832 Hillandale Dr, San Diego, CA 92120
Listing agent: Bridget Potterton, Keller Williams San Diego Metro
Last updated Oct 16, 2026, 12:35 PM
Open house · Oct 17, 2026, 2:00 PM–4:00 PM5 bed · 3 bath · 2,597 ft²
10636 Briarlake Woods Drive, San Diego, CA 92130
Listing agent: Richard Stone, Keller Williams Realty
Last updated Oct 16, 2026, 12:07 PM
SDMLSListing data provided by San Diego MLS. Information deemed reliable but not guaranteed. Homes By Hive is not the listing broker. Each home names the listing agent and listing office.