$880,000
3830 41st St San Diego, CA 92105
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$880,000
Est. payment /mo
5,505 Sqft Lot
UPDATED:
10/04/2024 07:29 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2404310
HOA Y/N No
Year Built 1923
Lot Size 5,505 Sqft
Property Description
Prime "Fixer Upper" Property in City Heights. All four units are vacant, There are city code violations. Showings on Monday May 20th between 2-4 pm. No Blind offers will be accepted. Spanning a total of 2588 square feet and situated on a 5506 square feet lot, there's room for expansion, landscaping, or other value-added improvements. Zoned R4, this property offers flexibility for various development opportunities, allowing for potential expansion or redevelopment projects to maximize its investment potential. Comprising 2 dwellings, the front building features three units. Unit 1: 2+1 First Floor, Unit 2: 2+1 Second Floor, Unit 3: Studio apartment is in the back of the building. Unit 4: A separate back building offers a single 3-bedroom, 1-bathroom unit. All units are currently vacant. This 4-unit fixer upper property presents a lucrative investment opportunity for savvy investors. Boasting a prime location and substantial potential, this property is primed for transformation and profit maximization. This property presents the chance to add significant value through renovation and modernization efforts. With the right vision and execution, investors can unlock the full potential of this property, attracting premium rental rates and enhancing its overall market value. Positioned in a desirable area of San Diego, this property enjoys proximity to amenities, transportation hubs, schools, and recreational facilities, making it an attractive choice for potential tenants and future buyers alike. With strategic upgrades and repairs, the potential rental income for this property is estimated to soar up to $9400+ per month, offering a substantial return on investment. Don't miss out on this chance to turn this diamond in the rough into a profitable asset in your investment portfolio.
Location
State CA
County San Diego
Area 92105 - East San Diego
Zoning R-4:Multiple Residential
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Cooling None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Urban
View Y/N No
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Others
Senior Community No
Tax ID 4547721900
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Listed by Sez Sezer • Douglas Elliman of California
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