$815,000
SOLD NOV 16, 2017

4342 39th St San Diego, CA 92105

Normal Heights Neighborhood
7 Beds
4 Baths
2,625 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$310 Per Sq Ft

7% Below List Price

42 Days on Market

About This Home

As of March 2020

Price Reduced at Closing 2ndry to Deffered Maintenance (Roof & Termite Damage) Always occupied. Rents below market. Front 3BR House and rear duplex each 2br/1bath. Large units (1,025 sq ft for the 3br house and approximately 800 sq ft for the 2br units). Laundry hookups available so the new owner could increase income by adding washer/dryer units. Seller looking to trade up into more units.

Last Agent to Sell the Property

Thomas McCartin

Marcus & Millichap License #01427348 Listed on: 08/21/2017

Last Buyer's Agent

Thomas McCartin

Marcus & Millichap License #01427348 Listed on: 08/21/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Partially Fenced Property
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 447-201-23-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • San Diego Community

Building Details

  • Net Operating Income $33,359

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: 39th & El Cajon Blvd
  • Neighborhood: San Diego
  • LP / Sq Ft: 20.1
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1939
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: San Diego
  • Community: NORMAL HEIGHTS

Lot Info

  • Lot Size: 1-3,999 SF
  • Zoning: R-3
  • Assessor Parcel Number: 447-201-23-00
  • Land Use Code: R-3
  • Map Code Column: G
  • Map Code Page: 1269
  • Map Code Row: 4

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 33359
  • Annual Expense Actual: 20641
  • Annual Expense Projected: 21019
  • Gross Rent Multiplier Actual: 15.83
  • Gross Rent Multiplier Projected: 13.44
  • Gross Sched Income Actual: 54000
  • Gross Sched Income Projected: 61100
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Other Income Projected: 450.0

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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
03/17/2020 03/17/20 Sold $1,100,000 -6.0% $416 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $1,170,000 +43.6% $442 / Sq Ft
11/16/2017 11/16/17 Sold $815,000 -4.7% $310 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/12/2017 09/12/17 Price Changed $855,000 -2.8% $326 / Sq Ft
08/21/2017 08/21/17 For Sale $880,000 +63.9% $335 / Sq Ft
12/20/2012 12/20/12 Sold $537,000 -6.6% $203 / Sq Ft
11/12/2012 11/12/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $575,000 -- $217 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Aaron Wilkinson

    Keller Williams Realty

  • L

    Buyer's Agent in 2020

    Lawrence Dy

    Dycor Realty Inc.

    (858) 449-1253

    18 Total Sales

    Lawrence Dy
    Section Image
  • Thomas McCartin

    Seller's Agent in 2017

    Thomas McCartin

    Marcus & Millichap

    (858) 362-9376

    1 in this area

    34 Total Sales

    Thomas McCartin
    Section Image

  • R

    Seller's Agent in 2012

    Robert Whissel

    Whissel Realty

See All Agents

Map

Source: San Diego MLS

MLS Number: 170044133

San Diego MLS

APN: 447-201-23-00

California San Diego County San Diego 92105 Normal Heights

4342 39th St, San Diego, CA

This home is located at 4342 39th St, San Diego, CA 92105 and is currently priced at $815,000, approximately $310 per square foot. This property was built in 1939. 4342 39th St is a home located in San Diego County with nearby schools including Normal Heights Elementary, Wilson Middle School, and Herbert Hoover High School.

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