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4526 37th Street

San Diego, CA 92116
  • $1,995,000
  • STATUS: ACTIVE
  • ON SITE: 8 Days
  • ID#: PTP2405896
UPDATED: 13 min ago
$1,995,000
  • 2
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Please do not walk on property or disturb tenants. Shown by appointment with an accepted offer. Extremely well-maintained 4plex, desirable Normal Heights. Built 1940s, approx. 3,200 square feet, (4) 2-bed/1-bath units, around 800 SF each. Upper units feature private balconies. Lower units have patios. Property has passed SB-721 balcony inspection. Extensively remodeled 1999/2005, including updates to plumbing, electrical, roofing, and interiors. All 4 water heaters recently replaced. 2 current tenants, offering potential for owner-occupant, or additional unit renovations and increased rental income. 6,049 SF lot zoned RM-1-1, well-maintained landscaping. (5) off-street parking. Likely room to add 1 or more ADUs in rear. Prime location provides easy access to local amenities and transportation. This long-term investment opportunity offers appreciation potential and cash flow enhancement through renovations or ADU development. Please do not walk on property or disturb tenants. Shown by appointment with an accepted offer. Extremely well-maintained 4plex, desirable Normal Heights. Built 1940s, approx. 3,200 square feet, (4) 2-bed/1-bath units, around 800 SF each. Upper units feature private balconies. Lower units have patios. Property has passed SB-721 balcony inspection. Extensively remodeled 1999/2005, including updates to plumbing, electrical, roofing, and interiors. All 4 water heaters recently replaced. 2 current tenants, offering potential for owner-occupant, or additional unit renovations and increased rental income. 6,049 SF lot zoned RM-1-1, well-maintained landscaping. (5) off-street parking. Likely room to add 1 or more ADUs in rear. Prime location provides easy access to local amenities and transportation. This long-term investment opportunity offers appreciation potential and cash flow enhancement through renovations or ADU development.

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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.redtreerealty.com/homes/155846013
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4526 37th Street San Diego, CA 92116

  • Price: $1,995,000
  • Status: ACTIVE
  • On Site: 8 Days
  • Updated: 13 min ago
  • ID#: PTP2405896
2
Beds
0
Baths
0
½ Baths
0.14
Acres
Neighborhood:
Normal Heights
County:
San Diego
Area:
Normal Heights (92116)
Property Description
Please do not walk on property or disturb tenants. Shown by appointment with an accepted offer. Extremely well-maintained 4plex, desirable Normal Heights. Built 1940s, approx. 3,200 square feet, (4) 2-bed/1-bath units, around 800 SF each. Upper units feature private balconies. Lower units have patios. Property has passed SB-721 balcony inspection. Extensively remodeled 1999/2005, including updates to plumbing, electrical, roofing, and interiors. All 4 water heaters recently replaced. 2 current tenants, offering potential for owner-occupant, or additional unit renovations and increased rental income. 6,049 SF lot zoned RM-1-1, well-maintained landscaping. (5) off-street parking. Likely room to add 1 or more ADUs in rear. Prime location provides easy access to local amenities and transportation. This long-term investment opportunity offers appreciation potential and cash flow enhancement through renovations or ADU development. Please do not walk on property or disturb tenants. Shown by appointment with an accepted offer. Extremely well-maintained 4plex, desirable Normal Heights. Built 1940s, approx. 3,200 square feet, (4) 2-bed/1-bath units, around 800 SF each. Upper units feature private balconies. Lower units have patios. Property has passed SB-721 balcony inspection. Extensively remodeled 1999/2005, including updates to plumbing, electrical, roofing, and interiors. All 4 water heaters recently replaced. 2 current tenants, offering potential for owner-occupant, or additional unit renovations and increased rental income. 6,049 SF lot zoned RM-1-1, well-maintained landscaping. (5) off-street parking. Likely room to add 1 or more ADUs in rear. Prime location provides easy access to local amenities and transportation. This long-term investment opportunity offers appreciation potential and cash flow enhancement through renovations or ADU development.
Exterior Features

Irrigation Drip Pool N/K Site CurbsSidewalks Topography Level

Interior Features

Total Baths Unit1 1

Property Features

Actual Cap Rate 4.48 Annual Expense Actual 35429 Assessments N/K Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 128628 Home Owners Fees 0.0 Terms CashConventionalExchangeFHAVA Unit Number For Unit1 1 Unit1 Rent Actual 2680.0 Zoning Estimated

San Diego MLS logo Listing provided courtesy of Max Delbecq of Top Gun CRE: 858-333-7701. Listing information © 2024 San Diego MLS Inc. Source: CR Paragon
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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Red Tree Realty
4138 Napier St.
San Diego CA, 92110