Address
4338-40 39th Street San Diego, CA
Price
$ 1,599,000
Property Attributes
  • MLS#210025981
  • TypeMulti-Family
  • CountySAN DIEGO
  • CitySan Diego
  • AreaNormal Heights
  • NeighborhoodNormal Heights
  • Zip92105
  • Style2-4 UNITS
  • Price$ 1,599,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage3150
Listing Provided Courtesy Of:
AAAE Realty & Home Loans
Data Source:
San Diego Regional MLS (SDMLS) - 32 - CA
Property Description

4338-40 39th St is a four unit property consisting of one 1,100 SF 3 bed/2 bath house in the front, three huge 650 SF 1 bed/1 bath units in the back, and four single car garages facing the alley. This property lies above El Cajon Blvd in the Normal Heights neighborhood of Central San Diego. The owner has just renovated one of the one bedroom units upstairs and has a tenant ready to rent the unit at $1800/mo. A new owner has the opportunity to also convert the four garages in the back into multiple ADU's for immediate upside in value and extra cash flow or demo the front structure and add 5 units in exchange for 1 affordable unit, or break up the large 3-bed into two units. The owner recently renovated the interiors in that front house a few years ago. The property has a new water heater, the front house has new copper piping, no issues with the roof or structure, and the main plumbing line was replaced with new ABS pipes.

Price History
9/13/2021 Listed $1,549,000

General Features

CFD/Mello-Roos Fee 0.0
Community NORMAL HEIGHTS
Cooling Wall/Window
Features BBQ
HOA Fee 0.0
Heating Radiant
Neighborhood Normal Heights
Other Fees 0.0
Roof Composition
Sale/rent For Sale
Security N/K
Senior Community Y/N N/K
Site Sidewalks
Stories 2 Story
Terms Cash, Conventional, Exchange
Total Units 4
Year Built 1980

Interior Features

# Of Units W/dryers 1
# Of Units W/fireplaces 1
# Of Units W/garage 4
# Of Units W/range/oven 4
# Of Units W/refrigerator 4
# Of Units W/washers 1
Heat Source Electric, Natural Gas
Unit 1 # Bedrooms 1
Unit 1 # Of Full Baths 1
Unit 1 # Total Baths 1
Unit 1 Estimated Sqft 650
Unit 1 Laundry Hook Ups No
Unit 2 # Bedrooms 1
Unit 2 # Of Full Baths 1
Unit 2 # Total Baths 1
Unit 2 Estimated Sqft 650
Unit 2 Laundry Hook Ups No
Unit 3 # Bedrooms 1
Unit 3 # Of Full Baths 1
Unit 3 # Total Baths 1
Unit 3 Estimated Sqft 650
Unit 3 Laundry Hook Ups No
Unit 4 # Bedrooms 3
Unit 4 # Of Full Baths 1
Unit 4 # Of Half Baths 1
Unit 4 # Total Baths 2
Unit 4 Estimated Sqft 1200
Unit 4 Laundry Hook Ups Yes
Units w/Dishwashers 4
Water Heater Type Electric, Gas

Exterior Features

# Of Units W/patios 4
Complex/park Complex
Exterior Stucco
Fencing Cross Fencing
Lot Size Area 4, 000-7, 499 SF
Number of Buildings 2
Parking Garage Unit 1 Assigned
Parking Garage Unit 2 Assigned
Parking Garage Unit 3 Assigned
Parking Garage Unit 4 Assigned
Parking Non-garage Unit 1 Assigned
Parking Non-garage Unit 2 Assigned
Parking Non-garage Unit 3 Assigned
Parking Non-garage Unit 4 Assigned
Sewer/Septic Sewer Connected
Unit 1 Exclusive Use Yard No
Unit 2 Exclusive Use Yard No
Unit 3 Exclusive Use Yard No
Unit 4 Exclusive Use Yard Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 92105

Price
AVG $1.17M
$1.6M
Visits
AVG 133
100
Year Built
AVG 1983
1980

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