3 INCOME-PRODUCING UNITS WITH HUGE UPSIDE POTENTIAL IN RENTS! Located in the heart of North Park, this turnkey triplex at 4136 Cherokee Ave offers a rare opportunity for investors seeking immediate cash flow with room to grow. All three units are currently occupied and generating income. Each unit lives like a townhome rather than a typical rental, featuring 2 bedrooms, 1.5 baths, in-unit laundry, a private yard, and 2 dedicated parking spots. Every unit has been recently renovated with newer kitchens and baths, updated flooring, windows, and doors, stainless steel appliances, upgraded cabinetry, and individual Central A/C and Heating systems for tenant comfort and efficiency. Ideally situated close to everything North Park has to offer — trendy restaurants, breweries, boutique shops, and parks — with easy freeway access for commuters. Whether you're building a rental portfolio or looking for a turnkey multi-unit investment with strong upside, this property checks every box. 3 INCOME-PRODUCING UNITS WITH HUGE UPSIDE POTENTIAL IN RENTS! Located in the heart of North Park, this turnkey triplex at 4136 Cherokee Ave offers a rare opportunity for investors seeking immediate cash flow with room to grow. All three units are currently occupied and generating income. Each unit lives like a townhome rather than a typical rental, featuring 2 bedrooms, 1.5 baths, in-unit laundry, a private yard, and 2 dedicated parking spots. Every unit has been recently renovated with newer kitchens and baths, updated flooring, windows, and doors, stainless steel appliances, upgraded cabinetry, and individual mini-split A/C systems for tenant comfort and efficiency. Ideally situated close to everything North Park has to offer — trendy restaurants, breweries, boutique shops, and parks — with easy freeway access for commuters. Whether you're building a rental portfolio or looking for a turnkey multi-unit investment with strong upside, this property checks every box.
For sale
Price cut: $50K (8/28)
$1,400,000
4136 Cherokee Ave, San Diego, CA 92104
6beds
--sqft
Multi Family
Built in 1982
-- sqft lot
$1,393,800 Zestimate®
$--/sqft
$-- HOA
What's special
Private yardStainless steel appliancesUpdated flooringUpgraded cabinetryIn-unit laundry
- 54 days
- 215
- 14
Zillow last checked:
Listing updated:
Listed by:
Bill Morton DRE #01272528 858-699-5856,
eXp Realty of California, Inc.
Source: SDMLS,MLS#: 260017617
Originating MLS: SDMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 3
- 1/2 bathrooms: 3
Heating
- Other/Remarks
Cooling
- Other/Remarks
Interior area
- Total structure area: 0
Video & virtual tour
Property
Features
- Levels: 2 Story
- Pool features: N/K
- Spa features: N/K
- Fencing: Partial
- Has view: Yes
- View description: City
- Frontage type: Other/Remarks
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: 4473412400
- Zoning: R-3:RESTRI
- Zoning description: R-3:RESTRI
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Wood/Stucco
- Roof: Rolled/Hot Mop
Condition
- Year built: 1982
Utilities & green energy
- Water: Meter on Property
- Utilities for property: Sewer Connected
Community & HOA
Community
- Security: N/K
- Subdivision: NORTH PARK
HOA
- Services included: N/K
Location
- Region: San Diego
Financial & listing details
- Date on market: 7/17/2026
- Listing terms: Cash,Conventional,FHA,VA
- Tenant pays: Electricity, Gas/Propane, Hot Water, Sewer, Trash, Water
Estimated market value
$1,393,800
$1.32M - $1.46M
$2,885/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Price change | $1,400,000-3.4% |
Source: | ||
| 8/24/2026 | Price change | $1,449,9900% |
Source: | ||
| 7/31/2026 | Price change | $1,449,9990% |
Source: | ||
| 7/17/2026 | Listed for sale | $1,450,000+54.6% |
Source: | ||
| 4/20/2021 | Sold | $938,000+1.4% |
Source: | ||
| 4/15/2021 | Pending sale | $925,000 |
Source: SDMLS #200051209 Report a problem | ||
| 4/15/2021 | Listing removed | -- |
Source: SDMLS Report a problem | ||
| 3/28/2021 | Pending sale | $925,000 |
Source: SDMLS #200051209 Report a problem | ||
| 3/2/2021 | Listed for sale | $925,000 |
Source: SDMLS #200051209 Report a problem | ||
| 2/22/2021 | Pending sale | $925,000 |
Source: Apartment Advisors Inc. #200051209 Report a problem | ||
| 2/17/2021 | Listed for sale | $925,000 |
Source: Apartment Advisors Inc. #200051209 Report a problem | ||
| 2/9/2021 | Pending sale | $925,000 |
Source: Apartment Advisors Inc. #200051209 Report a problem | ||
| 2/5/2021 | Price change | $925,000-7% |
Source: SDMLS #200051209 Report a problem | ||
| 1/4/2021 | Price change | $995,000-7.4% |
Source: Apartment Advisors Inc. #200051209 Report a problem | ||
| 11/10/2020 | Listed for sale | $1,075,000 |
Source: Apartment Advisors Inc. #200051209 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Corridor
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