855.375.4001
Listed by Corey McHenry - David Santistevan
$2,465,000 affordable loan icon Calculate Payment

4321 33rd Street San Diego, CA 92104

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Cluster Residence
Beds
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... Bed/Bath
Sq. Ft.

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Last updated on 12/12/2024 11:57 AM
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 Continue reading
MLS#
240027406SD
Property Type
Cluster
Year Built
2022
Stories
1.0

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Listed by Corey McHenry - David Santistevan
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 12/12/2024 11:57 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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