NOT LISTED FOR SALE

4777 35th St San Diego, CA 92116

Normal Heights Neighborhood
6 Beds
3 Baths
2,424 Sq Ft
4,164 Sq Ft Lot

Last Sold July 09, 2024

Last sale price $1,995,000 $823 Per Sq Ft

7 Days on Market

Highlights

  • RV Access or Parking
  • Gated Home
  • Gravity Heating System
  • Tankless Water Heater
  • Wood Siding
  • 3-minute walk to Adams Community Park

About This Home

As of July 2024

Introducing 4777-81 35th St, a Normal Heights triplex property featuring two detached newly constructed ADUs, nestled in the sought-after North of Adams neighborhood. The front home at 4777 35th St is a classic 2BD/1BA craftsman that has been thoughtfully renovated while maintaining its charming original character. The front home also has its own gated and private front yard along with an extended driveway for ample parking. The two detached back units at 4779-81 35th St. are what make this property truly unique. Newly constructed in 2023, each unit boasts 2BD/1BA spanning two stories tall complete with their own private outdoor patios and mini-split AC units. Unit 4779 offers a bonus loft space which provides flexible solutions for modern living such as an office, additional living space or guest room. All three units include their own washers/dryers and share a beautifully landscaped common area with drought-tolerant plants and low maintenance design. With the property's new solar panel system, occupants benefit from lower utility bills and energy savings. With a walk score of 90, this property is located steps away from the main thoroughfare of Adams Ave, home to the city's trendiest restaurants, bars, coffee shops and more including Madi, bica, Rabbit Hole, and Sycamore Den. Ideal for an owner-occupant to live in one unit and rent out the others at strong market rents, or for a savvy investor looking to add a unique property to their portfolio with low-maintenance, new construction units in a highly appreciating area.

Last Agent to Sell the Property

Sherry Chen

Compass License #02109149 Listed on: 05/30/2024

Compass

Last Buyer's Agent

David Castillo

Reign West Collective License #01970356

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2023

Lot Details

  • 4,164 Sq Ft Lot
  • Gated Home
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Parking

  • Alley Access
  • RV Access or Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Gravity Heating System
  • Separate Water Meter
  • Tankless Water Heater
  • Propane Water Heater

Additional Features

  • 2-Story Property
  • Drip Irrigation

Listing and Financial Details

  • Tenant pays for water, electricity
  • Assessor Parcel Number 440-401-06-00

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Net Operating Income $104,463

Property Details

Home Type

Multi-Family

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: University Ave
  • Neighborhood: North of Adams, Normal Heights
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 2023
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 3
  • Prkng Non Garage Spac U2: 1
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco, Wood
  • Fencing: Gate, Partial
  • Roof: Composition

Garage/Parking

  • Parking for RV: On-Site Parking

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Propane, Tankless
  • Heat Equipment: Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Community: NORMAL HEIGHTS

Lot Info

  • Irrigation: Drip
  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Sidewalks, Street Paved
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 440-401-06-00
  • Estimated Lot Sq Ft: 4164

Rental Info

  • Tenant Pays: Water, Electricity

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 104463
  • Annual Expense Actual: 30766
  • Gross Rent Multiplier Actual: 14.0
  • Gross Sched Income Actual: 135229
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

Range of Values:

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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 Change Sq Ft Price
07/09/2024 07/09/24 Sold $1,995,000 0.0% $823 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $1,995,000 +206.5% $823 / Sq Ft
06/15/2020 06/15/20 Sold $651,000 +0.3% $832 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $649,000 +25.0% $830 / Sq Ft
02/22/2019 02/22/19 Sold $519,250 -13.3% $649 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
11/29/2018 11/29/18 For Sale $599,000 -- $749 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sherry Chen

    Seller's Agent in 2024

    Sherry Chen

    Compass

    (858) 231-0397

    3 in this area

    71 Total Sales

    Sherry Chen
    Section Image
  • David Castillo

    Buyer's Agent in 2024

    David Castillo

    Reign West Collective

    (619) 920-6983

    2 in this area

    55 Total Sales

    David Castillo
    Section Image
  • Joan Selby

    Seller's Agent in 2020

    Joan Selby

    Compass

    (619) 251-1468

    25 in this area

    96 Total Sales

    Joan Selby
    Section Image
  • Gregg Phillipson

    Buyer's Agent in 2020

    Gregg Phillipson

    Keller Williams Realty

    (619) 507-3166

    471 Total Sales

    Gregg Phillipson
    Section Image
  • Elaine Boyd

    Seller's Agent in 2019

    Elaine Boyd

    LPT Realty, Inc.

    (619) 851-3140

    24 Total Sales

    Elaine Boyd
    Section Image

  • D

    Buyer's Agent in 2019

    Daniel Beer

    EXP Realty of California, Inc.

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 240012124

San Diego MLS

APN: 440-401-06-00

California San Diego County San Diego 92116 Normal Heights

4777 35th St, San Diego, CA

This home is located at 4777 35th St, San Diego, CA 92116 since 30 May 2024. This property was built in 2023. 4777 35th St is a home located in San Diego County with nearby schools including John Adams Elementary School, Wilson Middle School, and Herbert Hoover High School.

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