Deal of the Week: North Park/Hillcrest Value-Add Gem

Current Income: $11,295/month across 4 oversized 2-bedroom units, each with large decks and in-unit laundry. Immediate Upside: Simply bringing rents to market could raise income to $13,700/month. Approved Expansion: Fully permit-ready plans to add 7 new units. Future Potential: This 4-unit complex could evolve into a 13-unit cash cow, generating $30,000+/month once stabilized.

A+ Location: Just one block from Balboa Park, surrounded by North Park & Hillcrest’s coffee shops, bars, and boutiques. Large 9,400 SF Lot with dual street access. Over $300k already invested in architecture, engineering, and city fees. At $2,825,000, this is a true value-add play with cash flow today and big upside tomorrow.