$1,235,000
SOLD JAN 22, 2025
4 Beds
4 Baths
2,340 Sq Ft
1939 Built

Recently Sold

$528 Per Sq Ft

3% Above List Price

136 Days on Market

About This Home

As of January 2025

4036-42 36th Street is a 4-unit property with 2,340 rentable square feet built in 1939 on a 7,266 square foot lot. All units are 1 Bedroom / 1 Bathroom and there are 4 single car garages. Like other urban San Diego communities, Cherokee Point and City Heights have a high rate of pedestrian activity, relative to other regions of San Diego County. City Heights and Cherokee Point are some of the most diverse communities in San Diego. Businesses and residential neighborhoods aLike reflect this diversity. There have been many redevelopment projects by the city of San Diego in City Heights and Cherokee Point and an improvement of the tenant-base over the last decade.

Last Agent to Sell the Property

Benn Vogelsang

NorthMarq Multifamily License #01883437 Listed on: 07/26/2024

Last Buyer's Agent

OUT OF AREA

OUT OF AREA License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 447-402-22-00

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Net Operating Income $46,894

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: University
  • Neighborhood: Cherokee Point
  • LP / Sq Ft: 14.48
  • Stories: 1 Story
  • Sale Price List Price: 1.03
  • Total Stories: 1
  • Year Built: 1939
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Condo/Co-op/Association

  • Community: CITY HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 447-402-22-00

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 46894
  • Annual Expense Actual: 30014
  • Annual Expense Projected: 30014
  • Gross Rent Multiplier Actual: 15.0
  • Gross Rent Multiplier Projected: 10.2
  • Gross Sched Income Actual: 80112
  • Gross Sched Income Projected: 117600
  • Number Of Buildings: 3
  • Number Of Units With Garage: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2025 01/22/25 Sold $1,235,000 +2.9% $528 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $1,200,000 -- $513 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240017468

San Diego MLS