3365-69 Grim Ave, North Park, CA 92104

Property Description

5 Units. 3 Buildings. An exceptional opportunity to own a high-performing, fully updated multi-unit property in the heart of North Park—one of San Diego’s most sought-after rental markets. Situated on a large lot just steps from Balboa Park, Morley Field, and the neighborhood’s top dining, coffee shops, and boutiques, this property combines location, design, and income potential. The front home features a beautifully remodeled three-bedroom, two-bath layout with modern finishes, while a well-maintained duplex offers two spacious two-bedroom, one-bath units, and an additional one-bedroom unit adds further flexibility. A freestanding one-bedroom, one-bath/one bed ADU provides immediate upside, previously rented at $1,950 per month and not included in the listed unit count or current rents. Each residence enjoys a private entrance and outdoor space, enhancing tenant privacy and retention. With all major updates complete, strong in-place income, and clear potential for growth, this property represents a rare turnkey investment delivering steady cash flow and long-term appreciation in one of San Diego’s most desirable neighborhoods.