3319-21 41st Street

    San Diego, CA 92105
    • $499,000
    • STATUS: ACTIVE
    • ON SITE: 59 days
    • ID#: 180058215
    UPDATED: 69 min ago
    $499,000
    • 4
      BEDS
    • 0.16
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,253
      SQFT
    • $398
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    Description

    Great $$ price drop! Calling all investors or owner occupants! Fantastic Opportunity for LOTS of additional future equity with this 2 on 1 in the heart of one of San Diego's up and coming neighborhoods. Low rents now - future rental increases = Lucrative long term investment! Two detached houses with separate yards, garage/carport/driveway parking and privacy for both occupants. The rear unit has a life lease that transfers with the property. Call agent for details. The front house (3321) has fenced front & rear yards with oversized one car garage where you'll find the shared laundry. Long driveway is used by front tenant & could park multiple cars. The Rear unit (3319) has covered carport parking accessed from the alley. Rear tenant pays all utilities except water. Annual projected rents are over $36,000!

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc. Licensed in the state of California.
    www.impactca.com/homes/88635644

    3319-21 41st Street San Diego, CA 92105

    • Price: $499,000
    • Status: ACTIVE
    • Updated: 69 min ago
    • ID#: 180058215
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,253
    SQFT
    $398
    $/SQFT
    1940
    Built
    Neighborhood:
    City Heights
    County:
    San Diego
    Area:
    East San Diego (92105)
    Elementary School:
    San Diego Unified School District
    Middle School:
    San Diego Unified School District
    High School:
    San Diego Unified School District
    Property Description
    Great $$ price drop! Calling all investors or owner occupants! Fantastic Opportunity for LOTS of additional future equity with this 2 on 1 in the heart of one of San Diego's up and coming neighborhoods. Low rents now - future rental increases = Lucrative long term investment! Two detached houses with separate yards, garage/carport/driveway parking and privacy for both occupants. The rear unit has a life lease that transfers with the property. Call agent for details. The front house (3321) has fenced front & rear yards with oversized one car garage where you'll find the shared laundry. Long driveway is used by front tenant & could park multiple cars. The Rear unit (3319) has covered carport parking accessed from the alley. Rear tenant pays all utilities except water. Annual projected rents are over $36,000!
    Exterior Features

    Exterior VinylWood Fencing Full Frontage N/K Frontage Dimensions In Feet 51 Irrigation Other/Remarks Lot Dimensions Approx 51X136 Parking For RV Potential Space Parking Garage Desc Unit1 AssignedDetachedTandem Parking Garage Desc Unit2 AssignedConverted Parking Garage Spaces Unit1 1 Parking Garage Spaces Unit2 1 Parking Non Garage Desc Unit1 AssignedTandemUncovered Parking Non Garage Desc Unit2 AssignedCarport Pool N/K Roof Composition Site Alley AccessCurbsPublic StreetRear Yd Str AccessSidewalksStreet Paved Spa N/K Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 2 View N/K

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2 Water Heater Type Gas

    Property Features

    Actual Cap Rate 3.38 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 3000 Annual Expense Projected 3000 Association ID Pacific Southwest Association Of Realtors (Psar) Buildings 3 Cfd Mello Roos Fee 0 Community City Heights Complex Features Laundry FacilitiesRv/Boat Parking Complex Park City Heights Cross Streets Thorn Gross Rent Multiplier Actual 25.46 Gross Rent Multiplier Project 15.54 Gross Scheduled Income Actual 21600 Gross Scheduled Income Project 32400 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area Metro Uptown Miscellaneous N/K Monthly Total Fees 0 Net Operating Income Projected 32400 Other Fee Type N/K Other Fees 0 Other Income Actual 0 Possession Other/Remarks Projected Cap Rate 5.89 Projected Other Income 0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications Other/Remarks Tenant Pays ElectricityGas/Propane Terms CashConventional Unit Number For Unit1 3321 Unit Number For Unit2 3319 Unit1 Deposit 1000 Unit1 Occupied Tenant Unit1 Projected Rent 1650 Unit1 Rent Actual 1300 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 1300 Unit2 Rent Actual 500 Water Meter On Property Zoning R-2

    Listing provided courtesy of Ascent Real Estate, Inc.. Listing information © 2018 San Diego MLS, Inc.
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc. Licensed in the state of California.
     
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