4222 24 Swift AvenueSan Diego, CA 92104
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A rare North Park Craftsman compound delivering $112,800 in gross annual income at a 4% cap rate — turnkey, fully documented, and built for the long-term investor or owner-occupant seeking legacy ownership with immediate cash flow. The Main Residence (3BD/2BA | 1,554 SF) A true expression of Craftsman artistry — original lath and plaster walls, meticulously refinished hardwoods, and period hand-finished hardware. A rare stained-glass window leads to a kitchen reimagined with quartzite countertops, custom cabinetry, and Miele appliances. System Integrity Documented capital improvements include a new roof (2020), full PEX plumbing (2023), updated electrical, foundation and drainage improvements, and whole-home filtration. Fifteen years of thoughtful stewardship reflects a disciplined approach to long-term ownership. Given the exceptional condition and scope of recent upgrades, a buyer can realistically anticipate minimal maintenance demands for years to come — a meaningful advantage when underwriting long-term returns. The Botanical Sanctuary A private courtyard featuring 25 rare specimen palms, a custom water feature, flagstone patio, and professional landscape lighting that transforms the collection into a cinematic nightscape. The Income Compound (Two 1BD/1BA Residences) Separately metered and fully updated, the dual rear units generate $4,400/month combined. One unit is leased through October 2026; the second is available for immediate occupancy. Both feature separate gated alley access and dual-pane windows.The Income Compound (Two 1BD/1BA Residences) The North Park Unicorn: 8-CAR PARKING SPACES A 2-car garage, 4 off-street spaces for the main residence, and 2 dedicated alley spots for the income units — unheard of for the area.
| 10 hours ago | Listing updated with changes from the MLS® | |
| 10 hours ago | Listing first seen on site |
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