Active
4114 39th St
San Diego CA, 92105
$2,250,000
Active
Commercial
Listed by Seth Struiksma with Compass 714-448-4699
Fully renovated 5-Unit property in Cherokee Point. 3 detached craftsman cottages and 2-story Duplex in the back (5 units total). Community is fully landscaped with outdoor spaces, dog run, auto sprinklers to keep it looking great and a block wall privacy and security gate. All three detached cottages are 2 bd/1ba with private patio/yards and laundry hookups. There are 4 single car garages that can be converted into 2 additional 1bd/1ba units. PLUS a great common space for each unit to have as their own outdoor seating or entertaining area. Inside the cottages have been totally renovated with new kitchens cabinets and countertops, sinks, new appliances, new flooring, new lighting, new flooring, fresh paint, and AC & heat system. The duplex consists of (2) 1bd/1ba units also completely renovated and share a common laundry room downstairs. Fully gated & safe community with privacy from the neighbors with mature tall trees. Less than one block to park and school. This property has tons of opportunity to live in a unit and rent out the rest or for multigenerational living. A feasibility study was conducted showing the cost and timeline for the garage conversions. Property is at 5.86% cap rate with current expenses and sales price. Also the property is located in a TPA zone allowing you to build up to 16 additional units on the property. The feasibility study shows that information as well.
240019757SD
MLSⓇ ID
August 21, 2024
Listed
September 13, 2024
Updated
Map
4114 39th St
San Diego CA, 92105
Interior Features
Fireplace
No
Cooling
Yes
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.16 Acres
Other Property Details
Area Name
92105 - East San Diego
Days on Market
16
Garage
No
Parking Total
4
View
No
County
San Diego
Pool
No
Zoning
RM 2-5
Listing History
Date | Event | Price |
---|---|---|
9/6/2024 | Price change | $2,250,000 -3% |
Listing Contact: 619-317-1875
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/13/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 9/13/2024 at 3:07 PM UTC