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4777-81 35th St

San Diego, CA 92116
  • $1,995,000
  • STATUS: PENDING
  • ON SITE: 23 Days
  • ID#: 240012124
Pending
UPDATED: 131 min ago
$1,995,000
  • 6
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,424
    SQFT
  • $823
    $/SQFT
Type:
Multi-Family
Built:
2023
County:

School Ratings & Info

Description

Introducing 4777-81 35th St, a Normal Heights triplex property featuring two detached newly constructed ADUs, nestled in the sought-after North of Adams neighborhood. The front home at 4777 35th St is a classic 2BD/1BA craftsman that has been thoughtfully renovated while maintaining its charming original character. The front home also has its own gated and private front yard along with an extended driveway for ample parking. The two detached back units at 4779-81 35th St. are what make this property truly unique. Newly constructed in 2023, each unit boasts 2BD/1BA spanning two stories tall complete with their own private outdoor patios and mini-split AC units. Unit 4779 offers a bonus loft space which provides flexible solutions for modern living such as an office, additional living space or guest room. All three units include their own washers/dryers and share a beautifully landscaped common area with drought-tolerant plants and low maintenance design. With the property's new solar panel system, occupants benefit from lower utility bills and energy savings. With a walk score of 90, this property is located steps away from the main thoroughfare of Adams Ave, home to the city's trendiest restaurants, bars, coffee shops and more including Madi, bica, Rabbit Hole, and Sycamore Den. Ideal for an owner-occupant to live in one unit and rent out the others at strong market rents, or for a savvy investor looking to add a unique property to their portfolio with low-maintenance, new construction units in a highly appreciating area.

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/151109121
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4777-81 35th St San Diego, CA 92116

  • Price: $1,995,000
  • Status: PENDING
  • On Site: 23 Days
  • Updated: 131 min ago
  • ID#: 240012124
6
Beds
3
Baths
0
½ Baths
0.1
Acres
2,424
SQFT
$823
$/SQFT
2023
Built
Neighborhood:
North Of Adams, Normal Heights
County:
San Diego
Area:
Normal Heights (92116)
Property Description
Introducing 4777-81 35th St, a Normal Heights triplex property featuring two detached newly constructed ADUs, nestled in the sought-after North of Adams neighborhood. The front home at 4777 35th St is a classic 2BD/1BA craftsman that has been thoughtfully renovated while maintaining its charming original character. The front home also has its own gated and private front yard along with an extended driveway for ample parking. The two detached back units at 4779-81 35th St. are what make this property truly unique. Newly constructed in 2023, each unit boasts 2BD/1BA spanning two stories tall complete with their own private outdoor patios and mini-split AC units. Unit 4779 offers a bonus loft space which provides flexible solutions for modern living such as an office, additional living space or guest room. All three units include their own washers/dryers and share a beautifully landscaped common area with drought-tolerant plants and low maintenance design. With the property's new solar panel system, occupants benefit from lower utility bills and energy savings. With a walk score of 90, this property is located steps away from the main thoroughfare of Adams Ave, home to the city's trendiest restaurants, bars, coffee shops and more including Madi, bica, Rabbit Hole, and Sycamore Den. Ideal for an owner-occupant to live in one unit and rent out the others at strong market rents, or for a savvy investor looking to add a unique property to their portfolio with low-maintenance, new construction units in a highly appreciating area.
Exterior Features

Exterior StuccoWood Fencing GatePartial Irrigation Drip Parking For RV On-Site Parking Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 0 Parking Non Garage Desc Unit1 GatedTandem Parking Non Garage Desc Unit2 Assigned Parking Non Garage Desc Unit3 None Known Roof Composition Site Alley AccessSidewalksStreet Paved Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Units With Garages 0 Units With Patios 3

Interior Features

Cooling Wall/WindowOther/Remarks Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Forced Air UnitWall/Gravity Heat Source ElectricNatural Gas 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 3 Units With Dryers 3 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 3 Water Heater Type PropaneTankless

Property Features

Actual Cap Rate 5.2 Age Restrictions N/K Annual Expense Actual 30766 Association ID San Diego Association of REALTORS (SDAR) Buildings 3 Cfd Mello Roos Fee 0.0 Community NORMAL HEIGHTS Complex Park N/A Cross Streets University Ave Gross Rent Multiplier Actual 14.0 Gross Scheduled Income Actual 135229 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 Sewer Septic Sewer Connected Short Sale No Tenant Pays WaterElectricity Terms CashConventionalExchangeFHAVA Unit Number For Unit1 4777 Unit Number For Unit2 4779 Unit Number For Unit3 4781 Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 3800.0 Unit1 Rent Actual 3600.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 4200.0 Unit2 Rent Actual 4000.0 Unit3 Deposit 0 Unit3 Occupied Tenant Unit3 Projected Rent 3700 Unit3 Rent Actual 3500.0 Water Meter on Property Water District CITY OF SAN DIEGO

San Diego MLS logo Listing provided courtesy of Sherry Chen of Compass: 858-231-0397. 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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