Skip To Content

3677 Swift Ave

San Diego, CA 92104
  • $2,600,000
  • STATUS: ACTIVE
  • ON SITE: 274 Days
  • ID#: 230020688
UPDATED: 47 min ago
$2,600,000
  • 8
    BEDS
  • 0.16
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,146
    SQFT
  • $627
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2023
County:

School Ratings & Info

Description

Welcome to this turn-key four-unit property (2 Units + 2 ADUs) + a bonus 5th non-conforming unit located in the popular North Park neighborhood of San Diego. This property consists of 1 Duplex top/bottom with 2 identical 3 bed 2 baths, 2 new construction ADUs both 1 bed 1 bath, and a 5th non-confirming 1 bed 1 bath unit. This is an excellent opportunity for an owner-occupant or a savvy investor. This property could bring in upwards of $12,000+ in gross long-term rents or push that further by having a mix of short-term and long-term rentals. With a location that is second to none, you can walk to everything North Park has to offer, including amazing restaurants, shopping, bars, parks, and canyon hiking trails. Strategic financing options are available for owner-occupied and non-owner-occupied purchasers - VA, Conventional, DSCR, and non-QM financing are all available! 3677 Swift Ave 1 & 2: Duplex each unit with 3 Bedrooms + 2 Bathrooms, 1273 SF, each unit has 1 uncovered parking space, Central AC/Heat, separate SDGE & Water Meters- 3679 & 3681 Swift Ave.: new construction ADUs, 1 bedroom + 1 bathroom, 800 SF, no parking space, Central AC/Heat - 3677 Swift Ave: (non-permitted garage conversion) 1 bedroom + 1 bathroom, 480 SF, + 1 uncovered parking space.

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/144538883
Print Image

3677 Swift Ave San Diego, CA 92104

  • Price: $2,600,000
  • Status: ACTIVE
  • On Site: 274 Days
  • Updated: 47 min ago
  • ID#: 230020688
8
Beds
6
Baths
0
½ Baths
0.16
Acres
4,146
SQFT
$627
$/SQFT
2023
Built
Neighborhood:
North Park
County:
San Diego
Area:
North Park (92104)
Property Description
Welcome to this turn-key four-unit property (2 Units + 2 ADUs) + a bonus 5th non-conforming unit located in the popular North Park neighborhood of San Diego. This property consists of 1 Duplex top/bottom with 2 identical 3 bed 2 baths, 2 new construction ADUs both 1 bed 1 bath, and a 5th non-confirming 1 bed 1 bath unit. This is an excellent opportunity for an owner-occupant or a savvy investor. This property could bring in upwards of $12,000+ in gross long-term rents or push that further by having a mix of short-term and long-term rentals. With a location that is second to none, you can walk to everything North Park has to offer, including amazing restaurants, shopping, bars, parks, and canyon hiking trails. Strategic financing options are available for owner-occupied and non-owner-occupied purchasers - VA, Conventional, DSCR, and non-QM financing are all available! 3677 Swift Ave 1 & 2: Duplex each unit with 3 Bedrooms + 2 Bathrooms, 1273 SF, each unit has 1 uncovered parking space, Central AC/Heat, separate SDGE & Water Meters- 3679 & 3681 Swift Ave.: new construction ADUs, 1 bedroom + 1 bathroom, 800 SF, no parking space, Central AC/Heat - 3677 Swift Ave: (non-permitted garage conversion) 1 bedroom + 1 bathroom, 480 SF, + 1 uncovered parking space.
Exterior Features

Exterior Stucco Fencing Full Frontage Freeway Parking For RV None Known Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 N/K Parking Garage Desc Unit4 N/K Parking Non Garage Desc Unit1 AssignedUncovered Parking Non Garage Desc Unit2 AssignedUncovered Parking Non Garage Desc Unit3 AssignedUncovered Parking Non Garage Desc Unit4 None Known Pool N/K Pool Heat None Known Roof Composition Site Alley AccessEasement AccessPublic StreetStreet Paved Spa N/K Spa Heat None Known Topography Slope GentleSlope Steep Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 5 View N/K

Interior Features

Cooling Central Forced AirWall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment Forced Air UnitRadiantWall/Gravity Heat Source ElectricNatural Gas Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups Yes Units With Cooling 4 Units With Dishwashers 2 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 5 Units With Refrigerators 5 Units With Washers 0 Water Heater Type ElectricTankless

Property Features

Actual Cap Rate 3.1 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 4000 Annual Expense Projected 5000 Association ID San Diego Association of REALTORS (SDAR) Buildings 3 Cfd Mello Roos Fee 0.0 Community NORTH PARK Complex Features N/K Complex Park 3677 Swift Ave Cross Streets Landis Gross Rent Multiplier Actual 31.42 Gross Rent Multiplier Project 16.8 Gross Scheduled Income Actual 82740 Gross Scheduled Income Project 154800 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area Metro Uptown Miscellaneous N/K Monthly Total Fees 0 Net Operating Income Projected 149800 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Possession Close of Escrow Projected Cap Rate 5.9 Projected Other Income 0.0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications N/K Tenant Pays SewerWaterCable TVElectricityGas/Propane Terms CashConventionalVAOther/Remarks Unit Number For Unit1 3677 #1 Unit Number For Unit2 3677 #2 Unit Number For Unit3 3679 Unit Number4 3681 Unit1 Deposit 2300 Unit1 Occupied Tenant Unit1 Projected Rent 3300.0 Unit1 Rent Actual 2300.0 Unit2 Deposit 3195 Unit2 Occupied Tenant Unit2 Projected Rent 3300.0 Unit2 Rent Actual 3195.0 Unit3 Deposit 2175 Unit3 Occupied Tenant Unit3 Projected Rent 2175 Unit3 Rent Actual 2175.0 Unit4 Deposit 0 Unit4 Occupied Vacant Unit4 Projected Rent 2175 Unit4 Rent Actual 0.0 Water Meter on Property Zoning RS-1-7

San Diego MLS logo Listing provided courtesy of Leslie Duvernay of Compass: 619-554-8520. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_230020688-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_230020688-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_230020688-2.jpg
Logo
The Neuman Team
516 5th Avenue
San Diego CA, 92101