2119 University Avenue

Description

This is a rare opportunity to acquire a high-potential asset (Prime Mixed-Use Development Opportunity, Owner-user(live/work)) with 3 different addresses, located in the core of North Park, one of San Diegos most vibrant and rapidly evolving neighborhoods. Ideal for owner-users, investors, or builders looking to capitalize on North Parks demand for high-density housing and walkable retail, Zone under CN1-5(Commercial " Neighborhood). You Can potentially operate your own business (**You may be qualified for SBA loan - retail, personal service businesses, restaurants, cafes, professional offices-check with the city) in front, live in the back---Check "Article 1, Division 5: Commercial Base Zones - San Diego Municipal Code" for permitted use for this zones. It is in close proximity to transit corridors, biking infrastructure (Pershing Bikeway), and Downtown San Diego enhances appeal for sustainable urban development. Additionally, its location along the border of an Opportunity Zone benefits from spillover effects, with significant nearby developments contributing to the area's continued growth and revitalization."This property has 3 Separate living spaces -- The front unit (studio) is remodeled few years ago, and rear 2 units each have its own bathroom, bedroom and kitchen. This is a rare, once-in-a-lifetime opportunity to acquire a prime property in the heart of North Park"a highly sought-after location where opportunities like this seldom come to market. Call/Text to learn more about this propertyPlease do not walk on the property. Owner is elderly. Kindly respect their privacy"showings available only by appointment after offer acceptance.Seller is motivated & May offer Seller Financing for the right buyer or help with $15,000 repair/rehab credit!***Property is offered as-is, where-is, with no warranties, representations, or guarantees made by the seller or listing broker. All information provided is deemed reliable but not guaranteed. Buyer and buyer's agent are solely responsible for verifying all aspects of the property, including but not limited to square footage, zoning, permitted uses, development potential, and condition of improvements. Buyer is advised to conduct their own independent due diligence prior to close of escrow. Reliance on any information contained herein is solely at the buyers own risk.***