San Diego, CA 92116,4473 4479 Idaho St
San Diego, CA 92116,4473 4479 Idaho St
San Diego, CA 92116,4473 4479 Idaho St
San Diego, CA 92116,4473 4479 Idaho St
San Diego, CA 92116,4473 4479 Idaho St
San Diego, CA 92116,4473 4479 Idaho St
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$1,820,000

$1,795,000

1.4%
Est.Price: ?

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Est. payment /mo

7,008 Sqft Lot


SOLD DATE : 07/09/2024

Key Details

Sold Price $1,820,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision University Heights

MLS Listing ID 240009900SD

Sold Date 07/09/24

HOA Y/N No

Year Built 1942

Lot Size 7,008 Sqft

Property Description

This is it! You know everyone's looking for this, and it's SO hard to find TRUE (and Legal) 4-Plexes priced at and based on their ACTUAL financials. Don't miss out because this property checks all of the boxes for so many different investors. Located in the highly desirable University Heights sub-market, opportunities like this don't come up often. Property has excellent long term tenant history. The property is laid out smartly for an owner user to occupy the front home and take in excellent rental income to offset a mortgage with the rear triplex. Spanish architecture offers a touch of emotional appeal, which blends brilliantly into the surrounding neighborhood. Property is located within a couple short blocks of two major transportation corridors amplifying the tenant attraction. Add to that an endless number of walkable shops, cafes, restaurants and miscellaneous services such as gyms, auto shops, fast food, and churches and you have the ideal rental. Excellent for 1st time investor, or just add another fantastic asset to your portfolio. See supplement... Attention Developers! This is an ideal pick up for current or future apartment building. With both alley and street access, it definitely makes construction easier. The 7000sf lot sits in the Complete Communities zoning overlay. Excellent current zoning of RM2-5 offers extremely advantageous options to limit the income restricted units to 2 or possibly 3 at the most. With a 6.5 FAR, the sky's the limit. ***All information is provided for convenience only and not intended to be relied upon. All buyers must confirm all zoning and regulations for themselves prior to removal of all contingencies.***

Location

State CA

County San Diego

Area 92116 - Normal Heights

Building/Complex Name NA

Zoning R-3: RM

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Gas Water Heater

Exterior

Fence Partial

Pool None

View Y/N Yes

View None

Roof Type Composition

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 4461010500

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Financing VA

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California Regional MLS (CRMLS)
Listed by Ken Pecus • eXp Realty of California, Inc
Bought with Lane Blake • eXp Realty of California, Inc
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6201 E Bayshore Walk, Beach, CA, 90804, USA

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