3583 and 3583 1/2 Utah Street is situated in the center of North Park on one of the quietest streets. This craftsman home was originally built in 1915. It was then fully gutted and remodeled in 2022 keeping in time with vintage sourced hardware, windows, and lighting, but upgrading all systems to present day. The front home features 3 bedrooms, 2 baths, and an unfinished 405 sq. ft. loft, a side patio and a front yard. The back unit, 3583 1/2, is a 2 bedroom, 2 bath with its own private entrance and entertainers dream outdoor living space. Square footage does not include the 405 sq. ft. attic/ loft area which includes an additional 3 storage closet areas. Upgrades During Full Remodel: fully re-plumbed ABS drain lines to the street, sump pump drainage system, tankless water heaters, gas plumbed fire pits, surround sound, appliances, heating and A/C, fencing, steel lattice work in back unit, copper gutters, low maintenance hardscape with drop irrigation. Units are metered separately for SDGE gas and electric. Single water meter for both units. Landscaping maintenance is done by owner. Internet is under one modem for both, but has capabilities for two separate. Front home was never marketed, collective numbers are projected. Property is currently managed by owner, no management fees associated in cap rate calculations.
3583 and 3583 1/2 Utah Street is situated in the center of North Park on one of the quietest streets. This craftsman home was originally built in 1915. It was then fully gutted and remodeled in 2022 keeping in time with vintage sourced hardware, windows, and lighting, but upgrading all systems to present day. The front home features 3 bedrooms, 2 baths, and an unfinished 405 sq. ft. loft, a side patio and a front yard. The back unit, 3583 1/2, is a 2 bedroom, 2 bath with its own private entrance and entertainers dream outdoor living space. Square footage does not include the 405 sq. ft. attic/ loft area which includes an additional 3 storage closet areas. Upgrades During Full Remodel: fully re-plumbed ABS drain lines to the street, sump pump drainage system, tankless water heaters, gas plumbed fire pits, surround sound, appliances, heating and A/C, fencing, steel lattice work in back unit, copper gutters, low maintenance hardscape with drop irrigation. Units are metered separately for SDGE gas and electric. Single water meter for both units. Landscaping maintenance is done by owner. Internet is under one modem for both, but has capabilities for two separate. Front home was never marketed, collective numbers are projected. Property is currently managed by owner, no management fees associated in cap rate calculations.