San Diego, CA 92105,4042 38th Street (-48)
San Diego, CA 92105,4042 38th Street (-48)
San Diego, CA 92105,4042 38th Street (-48)
31
$1,500,000
$1,395,000
7.5%
Est.Price: ?

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8 BD
4 BA
806 SqFt

4042 38th Street (-48) San Diego, CA 92105

Est. payment /mo
SOLD DATE : 04/05/2022

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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

Bedrooms 8

Full Baths 4

Year Built 1943

Lot Size 7,000 Sqft

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

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

Sewer Sewer Connected

Water Meter on Property

Others

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

Space Rent $1,750

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

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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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Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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