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3851 42nd St

San Diego, CA 92105
  • $1,124,900
  • STATUS: ACTIVE
  • ON SITE: 21 Days
  • ID#: 240011866
UPDATED: 86 min ago
$1,124,900
  • 4
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,650
    SQFT
  • $682
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Description

Don't miss this incredible opportunity to own 3 units on 1 property. This property offers a turn-key investment opportunity, only blocks away from the vibrant neighborhoods in San Diego such as North Park, Kensington, and Normal Heights. This trophy property has been recently renovated both inside and out, and boasts numerous amenities including two on-site laundry facilities, on-site parking, and a communal outdoor courtyard, along with a tranquil private fully fenced front yard. Each unit features tons of natural light, luxury vinyl flooring, spacious floor plans, and modern finishes. This property is conveniently located by schools, retail shopping, grocery stores, great restaurants, local coffee shops, and a short drive to SDSU. Enjoy the strong rents and the future appreciation!

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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/150988654
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3851 42nd St San Diego, CA 92105

  • Price: $1,124,900
  • Status: ACTIVE
  • On Site: 21 Days
  • Updated: 86 min ago
  • ID#: 240011866
4
Beds
3
Baths
0
½ Baths
N/A
Acres
1,650
SQFT
$682
$/SQFT
1955
Built
Neighborhood:
City Heights
County:
San Diego
Area:
East San Diego (92105)
Property Description
Don't miss this incredible opportunity to own 3 units on 1 property. This property offers a turn-key investment opportunity, only blocks away from the vibrant neighborhoods in San Diego such as North Park, Kensington, and Normal Heights. This trophy property has been recently renovated both inside and out, and boasts numerous amenities including two on-site laundry facilities, on-site parking, and a communal outdoor courtyard, along with a tranquil private fully fenced front yard. Each unit features tons of natural light, luxury vinyl flooring, spacious floor plans, and modern finishes. This property is conveniently located by schools, retail shopping, grocery stores, great restaurants, local coffee shops, and a short drive to SDSU. Enjoy the strong rents and the future appreciation!
Exterior Features

Exterior StuccoWood/Stucco Fencing Full Parking Garage Desc Unit1 Assigned Roof Composition Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 1

Interior Features

Cooling Central Forced Air Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Forced Air Unit Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 3 Units With Dishwashers 0 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 2 Water Heater Type Tankless

Property Features

Actual Cap Rate 6.9 Age Restrictions N/K Annual Expense Actual 0 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community CITY HEIGHTS Complex Park 3851 42nd St Cross Streets University / 42nd Gross Rent Multiplier Actual 14.5 Gross Scheduled Income Actual 77400 Gross Scheduled Income Project 90000 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventionalFHAVA Unit Number For Unit1 3851 Unit Number For Unit2 3851 1/2A Unit Number For Unit3 3851 1/2B Unit1 Deposit 2950 Unit1 Occupied Tenant Unit1 Projected Rent 2500.0 Unit1 Rent Actual 2950.0 Unit2 Deposit 0 Unit2 Occupied Vacant Unit2 Projected Rent 2000.0 Unit2 Rent Actual 0.0 Unit3 Deposit 1700 Unit3 Occupied Tenant Unit3 Projected Rent 2000 Unit3 Rent Actual 1700.0 Water Meter on Property

San Diego MLS logo Listing provided courtesy of Dorian Williamson of Matt Davies, Broker: 909-636-2643. 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.
 
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