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4338 40 39th St San Diego, CA 92105
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Key Details
Sold Price $1,630,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Normal Heights
MLS Listing ID 210025981
Sold Date 03/30/22
HOA Y/N No
Year Built 1980
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. Sewer: Sewer Connected Unit # for Unit 1: A Unit # for Unit 2: B Unit # for Unit 3: C Unit # for Unit 4: House Number of Furnished Units: 0
Location
State CA
County San Diego
Area 92105 - East San Diego
Building/Complex Name Complex
Interior
Heating Electric, NaturalGas, Radiant
Cooling WallWindowUnits
Fireplace No
Appliance ElectricWaterHeater, GasWaterHeater
Exterior
Fence CrossFenced
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 44720122
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing VA
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Bought with Keegan Wetzel • Cal State Realty Services