3926-3932 Mississippi St
San Diego, CA 92104
Multifamily Property For Sale
·
7 Units
Investment Highlights
- ALL NEW *CITY PERMITTED* MAJOR SYSTEM UPGRADES - Plumbing, Electrical, Sewer Lines, Roof, Windows,Etc.
- Development Upside - Take Advantage of RM 3-7 Zoning and add more units
- Great North Park Location - Walk Score of 89 - Extremely Pedestrian Friendly
- Essentially Brand New Construction - Property taken down to studs during rehab.
- OPPORTUNITY ZONE - See map - https://opzones.ca.gov/oz-map/
Property Facts
| No. Units | 7 | Building Size | 3,604 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.11/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | RM-3-9 - One Dwelling per 600 SF of land. Potential to add 4 more units on this lot. | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,604 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | RM-3-9 - One Dwelling per 600 SF of land. Potential to add 4 more units on this lot. |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Bay Window
- Hardwood Floors
- Yard
- Double Pane Windows
Site Amenities
- Fenced Lot
- Gas Range
About 3926-3932 MISSISSIPPI ST , SAN DIEGO, CA 92104
South Coast Commercial Inc. is proud to present the 3926 Mississippi Street Apartments. The subject property consists of (1) detached Two Bed / Two Bath single family Home and (6) One Bedroom / One Baths units totaling 3900 SF on a 7000 SF lot located in a CA Opportunity zone. Current Zoning for this location would allow owner to build another 4 units on this lot. Zoning is currently one dwelling per 600 SF. (RM 3-9). 3926 Mississippi Street was completely rehabbed in 2019/2020 with **All New** (City Permitted) major system upgrades including copper plumbing throughout, new sewer mainlines, updated electrical including new meters, main and sub panels, wiring in each unit, New pitched roofs, Dual Payne Vinyl Windows, new staircases, railings, fencing, landscaping, and secure code access Gating. Full Interior remodel includes new waterproof tongue-and-groove flooring, stylish modern kitchens with quartz countertops, high end cabinets, new stainless-steel appliances, brand new bathrooms with floor to ceiling tiling, new faucets, toilets, sinks, energy efficient Can lighting throughout, and numerous other contemporary finishes. All units have interior washer/dryer hookups fed by separated tankless water heaters. The Detached home has parking, private garage, private wood sun deck. Downstairs units in the main building have private fenced yard area.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,775 | 475 - 500 |
| 2+2 | 1 | $2,850 | 750 - 850 |
Property Taxes
| Parcel Number | 445-681-16 | Improvements Assessment | $959,158 |
| Land Assessment | $1,623,648 | Total Assessment | $2,582,806 |
Property Taxes
