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3977-3983 Georgia St
San Diego, CA 92103
Multifamily Property For Sale
·
7 Units
Investment Highlights
- Remodeled in 2014 with upgraded windows, doors, and high-efficiency all-electric systems.
- Walk Score of 94—a Walker’s Paradise—with top dining, shopping, and entertainment just minutes away.
- Zoned RM-3-9, allowing for the development of a maximum of 10 additional units at the rear of the property — ideal for future growth and densification
- Each unit includes its own hot water heater and in-unit laundry center for enhanced tenant convenience.
- Strong value-add potential with opportunities to convert studios to one-bedrooms and expand Juliet balconies.
- Assumable financing is available with a current loan balance of $1,134,106, which is $5,482/month due 5/1/52 fixed at 3.64% until May 1, 2027
Property Facts
| No. Units | 7 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 4,118 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 4 |
| Building Class | C | Year Built/Renovated | 1924/2014 |
| Zoning | R3 - RM3-9, allowing for the development of a maximum of 10 additional units at the rear of the property — ideal for future growth and densification. | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,118 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1924/2014 |
| Zoning | R3 - RM3-9, allowing for the development of a maximum of 10 additional units at the rear of the property — ideal for future growth and densification. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | $2,260 | 600 |
| 1+1 | 1 | $2,600 | 560 |
Property Taxes
| Parcel Number | 445-671-04 | Improvements Assessment | $754,378 |
| Land Assessment | $1,508,759 | Total Assessment | $2,263,137 |
Property Taxes
Parcel Number
445-671-04
Land Assessment
$1,508,759
Improvements Assessment
$754,378
Total Assessment
$2,263,137
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