4041-4045 38th Street, San Diego, CA 92105

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$1,475,000

Est. payment - /mo

7 Beds

4 Baths

1,100 SqFt

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UPDATED:

12/02/2024 09:03 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $1,340

Subdivision Normal Heights

MLS Listing ID 240024780

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1926

Property Description

Introducing a fully renovated 3-unit gem in the heart of Cherokee Point, perfectly positioned between North Park and Normal Heights! This exceptional property features three detached units, each boasting modern upgrades and incredible investment potential. The front house is a spacious 1,100 sq. ft., 3-bedroom, 2-bath beauty. The middle unit offers a comfortable 600 sq. ft. with 2 bedrooms and 1 bath, while the back unit is a charming 650 sq. ft., 2-bedroom, 1-bath retreat with alley access, complete with gated parking for up to 3 vehicles. All units have been meticulously updated with new roofs, cabinets, counters, bathrooms, appliances, plumbing, HVAC systems, and three tankless water heaters. The property also features fresh landscaping, new interior/exterior doors, updated driveways, and beautifully refinished flooring. An onsite laundry building with two stacked units adds convenience for tenants. With close proximity to the 15 and 805 freeways, walking distance to trendy eateries along University Avenue, and easy access to public transportation, this location is ideal for long-term tenants, traveling nurses, or Airbnb guests. The fenced private yard is perfect for children or pets, making this a versatile and desirable rental opportunity. Whether you're looking for a solid long-term investment or a property with strong Airbnb potential (Airbnb analysis available), this 3-unit masterpiece checks all the boxes. Don't miss out on this rare opportunity!

Location

State CA

County San Diego

Community Normal Heights

Area East San Diego (92105)

Building/Complex Name Normal Heights

Interior

Heating Electric

Cooling Central Forced Air

Exterior

Exterior Feature Stucco

Fence Full, Gate

Community Features Gated Community, Laundry Facilities

Complex Features Gated Community, Laundry Facilities

Roof Type Composition

Building

Lot Description Alley Access, Public Street, Sidewalks, Street Paved

Story 1

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Water Meter on Property

Level or Stories 1 Story

Others

Acceptable Financing Cal Vet, Cash, Conventional, FHA, VA

Listing Terms Cal Vet, Cash, Conventional, FHA, VA

Pets Allowed Yes

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Listed by Brian W Duarte • Millennial Realty Group

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