NOT LISTED FOR SALE

4077 38th St Unit 83 San Diego, CA 92105

Corridor Neighborhood
5 Beds
4 Baths
2,550 Sq Ft
7,181 Sq Ft Lot

Last Sold November 18, 2016

Last sale price $585,000 $229 Per Sq Ft

86 Days on Market

Highlights

  • 7,181 Sq Ft lot
  • 1-Story Property
  • 4-minute walk to Teralta Park
  • Gated Home

About This Home

As of November 2016

INVESTORS, DEVELOPERS, FLIPPERS! - Great Investment Opportunity - Four residential units located in City Heights Located in a high demand rental area, the property is fully occupied. The four unit mix consists of one 2bd/1ba unit and three 1bd/1ba units. Additionally, there are three single garage units with alley access. Ascent Real Estate is proud to offer four residential units located in the City Heights neighborhood of San Diego. Located in a high demand rental area, the property is fully occupied. The four unit mix consists of one 2bd/1ba unit and three 1bd/1ba units. Additionally, there are three single garage units with alley access. Located just north of University Avenue, the property is conveniently located near San Diego’s most vibrant urban communities, including North Park, Hillcrest, and the College Area. Tenants enjoy easy access to the nearby transit center, shopping opportunities, and the newly renovated YMCA. The central location provides easy access to Downtown, Balboa Park, Beaches, and many more San Diego attractions.

Last Agent to Sell the Property

Jonathan Asch

Compass License #01398048 Listed on: 07/14/2016

Last Buyer's Agent

Eric Brazelton

Eric Brazelton, Broker License #01927403

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 7,181 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Sprinkler System

Parking

  • Alley Access

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 447-422-05-00

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • 4077 4083 38Th Street Community

Building Details

  • Net Operating Income $29,277

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Polk
  • Neighborhood: City Heights
  • Supplement: Ascent Real Estate is proud to offer four residential units located in the City Heights neighborhood of San Diego. Located in a high demand rental area, the property is fully occupied. The four unit mix consists of one 2bd/1ba unit and three 1bd/1ba units. Additionally, there are three single garage units with alley access. Located just north of University Avenue, the property is conveniently located near San Diego’s most vibrant urban communities, including North Park, Hillcrest, and the College Area. Tenants enjoy easy access to the nearby transit center, shopping opportunities, and the newly renovated YMCA. The central location provides easy access to Downtown, Balboa Park, Beaches, and many more San Diego attractions.
  • LP / Sq Ft: 16.77
  • Stories: 1 Story
  • Sale Price List Price: 0.9
  • Total Stories: 1
  • Year Built: 2000
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full, Gate
  • Roof: Composition

Utilities

  • Water: Meter on Property
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Complex Name: 4077-4083 38th Street
  • Community: CITY HEIGHTS

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Public Street, Sidewalks, Street Paved
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 447-422-05-00
  • Land Use Code: R-4
  • Estimated Lot Sq Ft: 7181
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: G
  • Map Code Page: 1269
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 29277
  • Annual Expense Actual: 15207
  • Annual Expense Projected: 27890
  • Gross Rent Multiplier Actual: 14.71
  • Gross Sched Income Actual: 44484
  • Gross Sched Income Projected: 66600
  • Number Of Buildings: 3
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 3

Range of Values:

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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 Change Sq Ft Price
11/18/2016 11/18/16 Sold $585,000 -9.9% $229 / Sq Ft
10/08/2016 10/08/16 Pending -- -- --
08/20/2016 08/20/16 For Sale $649,000 0.0% $255 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $649,000 -- $255 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jonathan Asch

    Compass

  • Eric Brazelton

    Buyer's Agent in 2016

    Eric Brazelton

    Eric Brazelton, Broker

    (858) 480-9182

    4 Total Sales

    Eric Brazelton
    Section Image
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Map

Source: San Diego MLS

MLS Number: 160038769

San Diego MLS

APN: 447-422-05-00

California San Diego County San Diego 92105 Corridor

4077 38th St Unit 83, San Diego, CA

This home is located at 4077 38th St Unit 83, San Diego, CA 92105 since 14 July 2016. This property was built in 2000. 4077 38th St Unit 83 is a home located in San Diego County with nearby schools including Central Elementary School, Wilson Middle School, and Herbert Hoover High School.

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