4403-4413 44th St | San Diego, CA 92115
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4403-4413 44th St
San Diego, CA 92115
44th Street Bungalows · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Desirable location North of El Cajon Boulevard + in an Opportunity Zone and Transit Priority Area
- Large 10,590 square foot (.24 Acres) Lot
- Low Operating Expenses; 3-Bedroom individually metered; Three 1-Bedrooms split the Water Bill
- Diverse Unit Style Commands a Rental Premium compared to Traditional Apartments (Bungalow, Cottage, and House)
- Four Single-Car Garages and a Storage Shed - Potential to Convert to ADUs
- +30% Upside in Current Gross Income (as-is)
PROPERTY FACTS
| No. Units | 4 | Building Size | 2,568 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1950 |
| Building Class | C | Parking Ratio | 4.67/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | RM-1-1 - 1 unit per 3,000 square feet; FAR of 1.0 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 2,568 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 4.67/1,000 SF |
| Zoning | RM-1-1 - 1 unit per 3,000 square feet; FAR of 1.0 |
AMENITIES
UNIT AMENITIES
- Hardwood Floors
- Yard
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Trash Pickup - Curbside
- Storage Space
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | $1,544 | 500 |
| 3+1 | 1 | $1,920 | 1,068 |
PROPERTY TAXES
| Parcel Number | 471-032-14 | Improvements Assessment | $510,000 |
| Land Assessment | $1,045,500 | Total Assessment | $1,555,500 |
PROPERTY TAXES
Parcel Number
471-032-14
Land Assessment
$1,045,500
Improvements Assessment
$510,000
Total Assessment
$1,555,500
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