Fully Renovated 12 Unit Investment Property in Prime North Park/University Heights Location. This stabilized 12 unit asset offers the ideal unit mix of six 2BR/1BA and six 1BR/1BA units, with 6 off street parking spaces and ample street parking via Boundary Street. The property includes 8 extensively remodeled existing units and 4 fully permitted ADUsall featuring modern finishes, in unit laundry, and mini split A/C & heating. Interiors showcase updated kitchens, baths, flooring, lighting, windows, and appliances. Major system upgrades include sewer lateral replacement with new ABS plumbing, a new water main from meter to street, full re plumbing of the rear building, and a comprehensive electrical overhaul with new panels and SDGE compliant wiring. Exterior enhancements include new roofs, new siding and overhang, fresh paint, updated fencing, landscaping, and more. Offering a true 5% cap rate, this property is a rare opportunity to acquire a fully modernized, low maintenance asset that will hold long term value due to its exceptional location in one of San Diegos most sought after neighborhoods.