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$2,465,000

Beds
8
Baths
8.0
sq ft
4,000

4321 33rd St, San Diego, CA 92104

4321 33rd St

SAN DIEGO, CA 92104

  • 31 days on market
4321 33rd Street, San Diego, CA 92104 is a newly built (2022) 5 unit apartment property located in the trendy Normal Heights area of mid-city San Diego with walking distance to Adams Avenue’s bustling restaurant and brewery scene and just a short drive to North Park, University Heights, South Park, Hillcrest & Kensington. The property boasts 80% HUGE 1,000 SF 2BR/2BA units with high end finishes and 14’ ceilings on the 2nd level. The property is extremely efficient with limited landscaping and on-going maintenance. The units boast individual hot water heaters, and electric meters (no gas) and submeters for water. Although the rents are very close to market, there is still additional upside in rents on turnover/lease renewal for each unit. Property is also exempt for California Rent Control AB-1482, due to the newer age of construction. NOTE that the property is 4 legal units with a 5th unit that is nonconforming. Due to recent changes to city density and ADU regulations, a buyer should have a clear path to perfecting the 5th unit. Buyer to Investigate viability of perfecting the 5th unit. Email listing agent for Offering Memorandum

Details

Property type

Lot size

Unknown

Price per sq ft

$617

Year built

2022

Price History

11/22/2024
SanDiego

SanDiego #240027406

Listed
$2,465,000

Schools & Community

Neighborhood: 

Normal Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Status: Active

Tomo last checked: 12/22/2024 at 4:50 PM

Listing updated: 11/26/2024 at 4:26 PM

Listed by: Corey McHenry, David Santistevan Phone #: (619) 994-8896

MLS: SanDiego #240027406

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