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4458 32nd Street

San Diego, CA 92116
  • $1,900,000
  • STATUS: ACTIVE
  • ON SITE: 23 Days
  • ID#: 240009404
$1,900,000
  • 9
    BEDS
  • N/A
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 4,150
    SQFT
  • $458
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2020
County:

School Ratings & Info

Description

Price reduced- Seller is motivated. This is an exceptional and unique opportunity to own four units between the iconic neighborhood of Normal Heights in San Diego, California. The site is conveniently located near Interstate 805 and 8. The site is approximately a 10-minute drive to San Diego Zoo, Balboa Park, Mission Valley Shopping Center, and Downtown Gaslamp District. The site is located approximately two miles directly south of Mission Valley where San Diego State University is working on an 80 acre campus expansion. Units consist of one 3 bedroom 2-bathroom detached home and one detached 2-bedroom 2-bathroom unit as well as two newly constructed 2 bed 2 bath units (ADUs). Tenants benefit from leaving cars parked on-site and can choose to walk to the many options for dining, retail and shopping within an immediate vicinity of their front door. The property boasts a Walk Score of 83 and is near many public transit line stops as well.

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/150072739
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4458 32nd Street San Diego, CA 92116

  • Price: $1,900,000
  • Status: ACTIVE
  • On Site: 23 Days
  • ID#: 240009404
9
Beds
8
Baths
0
½ Baths
N/A
Acres
4,150
SQFT
$458
$/SQFT
2020
Built
Neighborhood:
Normal Heights
County:
San Diego
Area:
Normal Heights (92116)
Property Description
Price reduced- Seller is motivated. This is an exceptional and unique opportunity to own four units between the iconic neighborhood of Normal Heights in San Diego, California. The site is conveniently located near Interstate 805 and 8. The site is approximately a 10-minute drive to San Diego Zoo, Balboa Park, Mission Valley Shopping Center, and Downtown Gaslamp District. The site is located approximately two miles directly south of Mission Valley where San Diego State University is working on an 80 acre campus expansion. Units consist of one 3 bedroom 2-bathroom detached home and one detached 2-bedroom 2-bathroom unit as well as two newly constructed 2 bed 2 bath units (ADUs). Tenants benefit from leaving cars parked on-site and can choose to walk to the many options for dining, retail and shopping within an immediate vicinity of their front door. The property boasts a Walk Score of 83 and is near many public transit line stops as well.
Exterior Features

Exterior Wood/Stucco Fencing N/K Frontage N/K Irrigation Sprinklers Roof Composition Topography Level 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 0

Interior Features

Cooling Central Forced Air Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment Forced Air Unit Heat Source ElectricNatural Gas Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 2 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Unit4 Laundry Hook Ups No Units With Cooling 2 Units With Dishwashers 4 Units With Dryers 1 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 1

Property Features

Actual Cap Rate 4.19 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 46879 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community NORMAL HEIGHTS Complex Features N/K Complex Park Normal Heights Cross Streets Mead Avenue Gross Rent Multiplier Actual 14.37 Gross Rent Multiplier Project 10.94 Gross Scheduled Income Actual 132200 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area Metro Uptown Miscellaneous N/K Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 6.27 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays ElectricityGas/Propane Terms Cal VetCashConventionalExchangeFHA Unit Number For Unit1 4258 Unit Number For Unit2 4258.5 Unit Number For Unit3 4260 Unit Number4 4262 Unit1 Deposit 3500 Unit1 Occupied Tenant Unit1 Projected Rent 3800.0 Unit1 Rent Actual 3500.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 3500.0 Unit2 Rent Actual 3000.0 Unit3 Deposit 0 Unit3 Occupied Tenant Unit3 Projected Rent 3200 Unit3 Rent Actual 2300.0 Unit4 Deposit 0 Unit4 Occupied Tenant Unit4 Projected Rent 3200 Unit4 Rent Actual 2300.0

San Diego MLS logo Listing provided courtesy of Aziz Zakkout of Marcus & Millichap: 858-373-3210. 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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