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4114-20 39th St
Metro Uptown
San Diego
92105
$2,199,000 /450000.0
Com-Res Income
7,001 sq. ft.
built: 1941
- Status:
- Active
- Prop. Type:
- Com-Res Income
- MLS® Num:
- 240019757
- Year Built:
- 1941
- Photos (43)
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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.
- Rental Amount:
- 12995
- Price Per Unit:
- 450000.0
- Total Floor Area:
- 7,001 sq. ft.650.41 m2
- Lot Size:
- 6,969.6 sq. ft.647.5 m2
- Lot Size Commercial:
- .25 Acres or less
- County:
- San Diego
- Market Area:
- Metro Uptown
- Number of Buildings:
- 4
- Number of Units:
- 5
- Stories:
- 1 Story, 2 Story
- Num Stories:
- 2
- Unit Type:
- Other/Remarks
- Year Built:
- 1941
- Cap Rate.:
- 5.86
- Gross Multiplier:
- 13.0
- Gross scheduled income:
- 155940.0
- Operating expense:
- 25000
- Gross equity:
- 0
- Motive / Want:
- Resale
- Financial Information Source:
- Accountant, Owner
- Existing Financing:
- Conventional, Private
- Present Loan:
- yes
- Short Sale:
- No
- Listing Type:
- Exclusive Right (R)
- Complex Features:
- N/K
- Exterior Finish:
- All Auto Sprinklers, Cable Available, Community Facilities, Front Sprinklers, Fully Landscaped, Rear Sprinklers, Security Bars
- Special:
- Sellers Are RE Licensees, None
- Parking:
- Garages, Spaces, Other/Remarks
- Total Parking Spaces:
- 4
- Cooling:
- Central Forced Air Elec
- Heating:
- Central Forced Air Elec
- Construction Material:
- Drywall, Other/Remarks
- Roof:
- Other/Remarks
- Floor finish:
- Vinyl
- Terms:
- Cash, Exchange Down, Exchange Up, FHA, VA, Other/Remarks
- Number of Units with Dishwashers:
- 0
- Number of Units with Disposals:
- 5
- Number of Units with Drapes:
- 0
- Number of Units with Garages:
- 4
- Number of Units with Range/Oven:
- 5
- Number of Units with Refrigerators:
- 5
- Number of Leased Appartments:
- 0
- Zoning:
- RM 2-5
- Parcel Number:
- 447-352-21-00
- Number of Units in Unit 1:
- 4114
- Unit 1 Furnished:
- 0
- Bedrooms for Unit 1:
- 1
- Bathroom 1:
- 1.0
- Number of Units in Unit 2:
- 4116
- Unit 2 Furnished:
- 0
- Bedrooms for Unit 2:
- 1
- Bathroom 2:
- 1.0
- Number of Units in Unit 3:
- 4118
- Bedrooms for Unit 3:
- 2
- Bathroom 3:
- 1.0
- Number of Units in Unit 4:
- 4118
- Bedrooms for Unit 4:
- 2
- Bathroom 4:
- 1.0
- Number of Units in Unit 5:
- 4120
- Unit 5 Furnished:
- 0
- Bedrooms for Unit 5:
- 2
- Bathroom 5:
- 1.0
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Larger map options:
Listed by Compass
Data was last updated October 29, 2024 at 11:10 PM (UTC)
Area Statistics
- Listings on market:
- 52
- Avg list price:
- $3,047,500
- Min list price:
- $1,170,000
- Max list price:
- $19,000,000
- Avg days on market:
- 87
- Min days on market:
- 1
- Max days on market:
- 514
- Avg price per sq.ft.:
- $412.43
These statistics are generated based on the current listing's property type
and located in
Metro Uptown. Average values are
derived using median calculations.
- ANTOINETTE EMBRY
- Compass
- 1 (619) 504-9979
- Contact by Email
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.
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This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
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Compilation © 2024 San Diego Multiple Listing Service, Inc.