North Park is known for its high rental demand, making it an ideal location for investors looking to secure steady rental income or developers looking to rebuild into new units (check with City) This 3 unit property consisting of two 2 bedroom and 1 bath and one 3 bed 1 bath units , offers significant potential for development, providing an excellent chance for growth and increased property value. Situated in the heart of North Park, residents will enjoy easy access to trendy cafes, boutique shops, parks, and vibrant nightlife. The community's charm and convenience make it a highly desirable area to live. Benefit from the high rental market and secure a solid return on investment. Utilize the development opportunity to enhance and expand the property, increasing long-term value. Or Live in one unit and rent out the others, offsetting your mortgage and enjoying passive income.
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The average household income in
San Diego, CA
grew
from
$76,662
to
$79,646
in the past year. This data is an estimate based upon
513,698
households in
San Diego, CA. The chart below presents how household income is distributed in
San Diego, CA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
San Diego, CA
compared to median property taxes around the country. The prevalent amount of property taxes in
San Diego, CA
equals
$3k+
, which is
more
than the national average.