Price reduced by $100,000. Bring all Offers. The Landis Canyon Apartments is a 4-unit, canyon-facing property built in 1987, consisting of four large 3BR/2BA units situated on a 0.21-acre flat lot in the highly desirable 92104 zip code. The asset offers stabilized market rents with current income of approximately $11,400/month, along with architectural plans in place to add two additional units (2BR/2BA + 3BR/3BA), projected to generate an additional ~$7,000/month. The property is centrally located between the 805 and 15 freeways, within close proximity to North Park, South Park, and Normal Heights. Tenants benefit from walkable access to retail, dining, and entertainment, while the large unit sizes appeal to both families-due to nearby schools and conveniences-and young professionals seeking an urban lifestyle
| MLS # | 260017219SD |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1987 |
| Days On Site | 48 |
| Listing Provided By | Marcus & Millichap | Thomas McCartin |
| Story(s) | 2 |
|---|---|
| Units | 4 |
| Building(s) | 1 |
| Cooling | Zoned |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Composition |
|---|---|
| Fencing | Partial |
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92104 |
| Area | 92104 North Park |
| Community Name | North Park |
| Listing VS Median (in North Park) | |
Price: $1,895,000 low | high Med: $0 On site: 48 low | high Med: | |
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92104 |
| Area | 92104 North Park |
| Community Name | North Park |
| Listing VS Median (in North Park) | |
Price: $1,895,000 low | high Med: $0 On site: 48 low | high Med: | |
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