NOT LISTED FOR SALE

4403-13 44th St San Diego, CA 92115

Talmadge Neighborhood
6 Beds
4 Baths
2,568 Sq Ft
1950 Built

Last Sold November 30, 2023

Last sale price $1,525,000 $594 Per Sq Ft

9 Days on Market

Highlights

  • Partially Fenced Property
  • Lewis Middle School Rated A-
  • 1-Story Property

About This Home

As of November 2023

We are pleased to present an outstanding opportunity for massive wealth creation and value add in the charming Talmadge submarket. 4403-13 44th St is comprised of (4) units: a 3BR 1BA home, and (3) 1BR units, one of which is a cottage. There are (3) larger single car garages for the 1BRs, a standard sized garage and driveway for the home, and a large, newer Tuff Shed on the lot. The property has laundry on site, and even has extra parking spots allowing two spaces for each of the units, in addition to the garages. There lies an easy opportunity to renovate the units and capture ~33%of rental upside. For those seeking San Diego's newfound ADU development riches, there is something for everyone. The larger, 10,590 SF RM 1-1 lot allows for 1.0 FAR density. A buyer could simply convert the garages into 4 new units, or look to scrape structures in favor of brand new construction.

Last Agent to Sell the Property

Florian Sighe

The Browar Group License #02072593 Listed on: 09/29/2023

Last Buyer's Agent

Florian Sighe

The Browar Group License #02072593 Listed on: 09/29/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, hot water
  • Assessor Parcel Number 471-032-14-00

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • Talmadge Community

Building Details

  • Net Operating Income $56,049

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Meade
  • Neighborhood: Talmadge
  • Stories: 1 Story
  • Sale Price List Price: 0.96
  • Total Stories: 1
  • Year Built: 1950
  • 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: Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: Talmadge
  • Community: TALMADGE

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 471-032-14-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 56049
  • Annual Expense Actual: 25462
  • Gross Rent Multiplier Actual: 19.0
  • Gross Sched Income Actual: 84032
  • 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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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
11/30/2023 11/30/23 Sold $1,525,000 -4.4% $594 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $1,595,000 -- $621 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Florian Sighe

    Seller's Agent in 2023

    Florian Sighe

    The Browar Group

    (619) 894-3030

    1 in this area

    49 Total Sales

    Florian Sighe
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Map

Source: San Diego MLS

MLS Number: 230019224

San Diego MLS
California San Diego County San Diego 92115 Talmadge

4403-13 44th St, San Diego, CA

This home is located at 4403-13 44th St, San Diego, CA 92115 since 29 September 2023. This property was built in 1950. 4403-13 44th St is a home located in San Diego County with nearby schools including Franklin Elementary School, Wilson Middle School, and Lewis Middle School.

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