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3347-49 N 43rd St San Diego, CA 92105
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Key Details
Sold Price $930,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 864 sqft
Price per Sqft $1,076
Subdivision City Heights
MLS Listing ID 240023686
Bedrooms 4
Full Baths 2
Year Built 1958
Lot Size 4,342 Sqft
Property Description
Attention real estate investors! This turnkey duplex in rapidly redeveloping City Heights presents a prime opportunity for value-add and long-term growth. Both units are rented on month-to-month leases, with current rents significantly below market, offering immediate upside potential. The property features a single building with upper and lower 2 BD/1 BA units, each 864 SF, that have been fully renovated. Highlights include modern kitchens with quartz countertops, stainless steel appliances, white shaker cabinetry, washer/dryer hookups, and luxury vinyl plank flooring in the kitchen, dining, and expansive living areas. Recent updates also include interior paint, dual-pane windows, and remodeled baths with updated vanities and fixtures. (See supplement for more!)
Infrastructure improvements, such as a new concrete parking slab, newer gas lines, a replaced water line in the upper unit, and roof maintenance, ensure low future maintenance costs. The lower unit enjoys a private rear yard with pavers, while both units share a fully fenced, spacious front yard?ideal for pets or children. Alley access, 2 off-street assigned parking spaces, and a massive front yard offer potential for expansion, possibly for an ADU (verify via CUPD-CU-3-6). Whether you are looking to capitalize on the upside potential by increasing rents, develop further, or live in one unit and rent out the other, this duplex offers a flexible and lucrative investment opportunity in a growing market!
Location
State CA
County San Diego
Community City Heights
Area East San Diego (92105)
Building/Complex Name City Heights Duplex
Zoning R4-Multipl
Interior
Heating Natural Gas
Exterior
Exterior Feature Stucco
Fence Full
Roof Type Other/Remarks,Rolled/Hot Mop
Building
Lot Description Alley Access, Public Street, Sidewalks, Street Paved
Story 2
Sewer Sewer Connected
Water Meter on Property
Schools
Elementary Schools San Diego Unified School District
Middle Schools San Diego Unified School District
High Schools San Diego Unified School District
Others
Acceptable Financing Cash, Conventional
Space Rent $1,791
Listing Terms Cash, Conventional
Pets Allowed Allowed w/Restrictions
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Bought with Jessica Dixon • Real Broker