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3838-3840 43rd St
San Diego, CA 92105
Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 3,080 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1924/2006
Parking Ratio 0.97/1,000 SF
Zoning C

ABOUT 3838-3840 43RD ST , SAN DIEGO, CA 92105

Own a 4 unit cash cow in City Heights, the multi cultural center of San Diego. This property is a tremendous investment for both immediate cash flow and potential for future expansion with the ability to build 50 feet high. Zoned residential and commercial, the property has 3 residential units and 1 office space. Currently operating at 100% occupancy at a 6% cap. Within walking distance to the City Heights Shopping Center, MTS Transit Station, Weingart Branch Library, and countless ethnic dining options! Front building was built in 2006. Back building was built in 2000 and was constructed to add a second story. The property has assigned 4 parking spots for the back unit and 2 assigned tandem parking for the front 3 units. There is the potential for the property to be built out to the property lines and can also be built up to 50 feet high. All constriction was fully permitted and owner can provide the upon request. City Heights is a premier multi cultural center of San Diego with international cuisine and incredible diversity throughout.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 $1,650 756
5+2 1 $2,500 1,568
Studios 1 $500.00 280

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
471-551-22
Land Assessment
$568,276
Improvements Assessment
$487,093
Total Assessment
$1,055,369
  • Listing ID: 18762102

  • Date on Market: 3/5/2020

  • Last Updated:

  • Address: 3838-3840 43rd St, San Diego, CA 92105

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