2842 Gunn St, San Diego, CA 92104

VALUE-ADD DUPLEX IN NORTH PARK This duplex in North Park, an early 1900s craftsman-style property, presents a prime opportunity for restoration or development. Located on a 5,095 square foot lot, it features dual street frontage in a vibrant area. The property's positioning within a transportation district hints at the potential for high-density development. The duplex comprises a two-bedroom, one-bathroom home and a one-bedroom, one-bathroom apartment above a two-car garage. However, it's important to note the significant deferred maintenance issues. As a result, the property currently doesn't qualify for conventional, FHA, or VA financing, indicating a need for substantial investment and repair. This could be an ideal project for investors or developers seeking a value-add property in a desirable location.