San Diego, CA 92105,4042 38th Street (-48)
San Diego, CA 92105,4042 38th Street (-48)
San Diego, CA 92105,4042 38th Street (-48)
San Diego, CA 92105,4042 38th Street (-48)
San Diego, CA 92105,4042 38th Street (-48)
San Diego, CA 92105,4042 38th Street (-48)
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$1,500,000

$1,395,000

7.5%
Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths

806 SqFt


SOLD DATE : 04/05/2022

Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 806 sqft

Price per Sqft $1,861

Subdivision City Heights

MLS Listing ID 220004841

Sold Date 04/05/22

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1943

Lot Size 7,000 Sqft

Lot Dimensions 140x50

Property Description

Great investment opportunity, rarely on the market. All 4 UNITS have been upgraded, one block from North Park (Cherokee Point). This centrally located property comprised of 4 two (2) bedroom, one (1) bath units with onsite laundry and storage, has potential for rent increases. Tenants are all in one-year leases with only one receiving COVID support. Each unit on separate electric meters with separate master electric meter for outside lighting, laundry and security cameras. 54x139 lot with gated alley access provides plenty of parking. Close to eateries, banks, freeways, gas stations and stores. All new cabinets, SS appliances, flooring, AC units (tenant owned), washer/dryer in shared laundry room bringing in $75 to $100 per month.

Location

State CA

County San Diego

Community City Heights

Area East San Diego (92105)

Building/Complex Name 4 plex

Interior

Heating Natural Gas

Cooling Wall/Window

Appliance Wall/Gravity

Exterior

Exterior Feature Wood/Stucco

Parking Features Unit1:N/K Unit2:N/K Unit3:N/K Unit4:N/K

Fence Full

Community Features Gated Community, Laundry Facilities, Pet Restrictions, RV/Boat Parking

Complex Features Gated Community, Laundry Facilities, Pet Restrictions, RV/Boat Parking

View City, Evening Lights

Roof Type Composition

Building

Lot Description Alley Access, Public Street, Sidewalks, Street Paved

Story 2

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Water Meter on Property

Level or Stories 2 Story

Others

Acceptable Financing Cal Vet, Cash, Conventional, FHA, VA

Space Rent $1,750

Listing Terms Cal Vet, Cash, Conventional, FHA, VA

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Lucreatria L Holloway • Joe Carta Realty
Bought with Jake May • The Jake May Team, Inc.
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+1(858) 815-0166

connect@placewithgrace.com

8322 Clairemont Mesa Blvd Suite 206, Diego, California, 92111, United States

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