3770 42nd St

San Diego, CA 92105
  • $2,250,000

    Price
  • 0.16

    Acre

About the Listing SAND-62951 - SAND-641894

Significant Price Reduction. Garden Style 10 Unit Apartment Building located on the western side of City Heights, just a few blocks from the I-15. The property offers a Walk Score of 88/100 and is conveniently situated near several grocery stores and restaurants. 3770 42nd Street provides access to multiple elementary, middle, and high schools within a short walk or drive. City Heights continues to improve year over year in terms of overall property conditions and tenant quality. This is the perfect “bread & butter” property that attracts quality tenants and should provide a stable, cash-flowing investment for the next owner. Significant capital improvements have been completed, including main and subpanel electrical replacements for insurance compliance, a roof approximately seven years old, and the recent replacement of more than half of the water heaters. SB 721 work has been completed, with a passing inspection report available upon completion of the final inspection scheduled for next week. The Property has been well maintained over the years by a well respected Property Management Company. The mix consists of 7 1BR/1Bath & Three 2BR/1Bath units. Nearby units are achieving rents approximately 10% higher.

Listing Highlights for 3770 42nd St

Status Pending
Days on Site 113
Property Type Commercial Sale
MLS ® 260015351SD
Year Built
Lot/Acreage 0.16

Interior Details

  • Appliances:
  • Air Cond:
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Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 10
  • Zoning: R3 Restric
  • Roof:
  • Others: 2+ Total Units
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4716312600
  • Tax Year: N/A

Payment Calculator

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Listing Location

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3770 42nd St San Diego, CA 92105

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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