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Glen Henderson

[email protected] +1(619) 889-7646

$2,400,000

Est. payment - /mo

28 Beds

21 Baths

5,453 SqFt

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Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 5,453 sqft

Price per Sqft $440

MLS Listing ID 260015351

Bedrooms 28

Full Baths 21

Lot Size 7,070 Sqft

Property Sub-Type Com-Res Income

Property Type Com-Res Income

Property Description

Pleased to present this Garden Style 10 Unit Apartment Building located on the western side of City Heights, just a few blocks from the I-15 Interstate. The property offers a Walk Score of 88/100 and is conveniently situated near several grocery stores and restaurants. 3770 42nd Street provides access to multiple elementary, middle, and high schools within a short walk or drive. City Heights continues to improve year over year in terms of overall property conditions and tenant quality. This is the perfect “bread & butter” property that attracts quality tenants and should provide a stable, cash-flowing investment for the next owner. Significant capital improvements have been completed, including main and subpanel electrical replacements for insurance compliance, a roof approximately seven years old, and the recent replacement of more than half of the water heaters. SB 721 work has been completed, with a passing inspection report available upon completion of the final inspection scheduled for next week. The Property has been well maintained over the years by a well respected Property Management Company. The mix consists of 7 1BR/1Bath & Three 2BR/1Bath units. Nearby units are achieving rents approximately 10% higher.

Location

State CA

County San Diego

Area Metro Uptown

Zoning R3 Restric

Interior

Fireplace No

Exterior

View Y/N No

Total Parking Spaces 10

Building

Story 2

Others

Senior Community No

Tax ID 4716312600

Virtual Tour https://www.propertypanorama.com/instaview/snd/260015351

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Listed by Thomas McCartin, DRE#01427348 Marcus & Millichap

Nearby School & Business

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

3770 42nd Street San Diego, CA 92105

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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