Property Description

Fully renovated 5-Unit property in Cherokee Point. 3 detached craftsman cottages and 2-story Duplex in the back (5 units total). Community is fully landscaped with outdoor spaces, dog run, auto sprinklers to keep it looking great and a block wall privacy and security gate. All three detached cottages are 2 bd/1ba with private patio/yards and laundry hookups. There are 4 single car garages that can be converted into 2 additional 1bd/1ba units. PLUS a great common space for each unit to have as their own outdoor seating or entertaining area. Inside the cottages have been totally renovated with new kitchens cabinets and countertops, sinks, new appliances, new flooring, new lighting, new flooring, fresh paint, and AC & heat system. The duplex consists of (2) 1bd/1ba units also completely renovated and share a common laundry room downstairs. Fully gated & safe community with privacy from the neighbors with mature tall trees. Less than one block to park and school. This property has tons of opportunity to live in a unit and rent out the rest or for multigenerational living. A feasibility study was conducted showing the cost and timeline for the garage conversions. Property is at 5.86% cap rate with current expenses and sales price. Also the property is located in a TPA zone allowing you to build up to 16 additional units on the property. The feasibility study shows that information as well.

Features
: Central Forced Air Elec
: Electric
: Garage, Other/Remarks, Spaces
: Vinyl, See Remarks
: Cable Available
Appliances
: Disposal, Refrigerator, Range
Address Map
US
CA
SD
East San Diego
92105
39th St
4114-20
W118° 53' 21''
N32° 45' 6.7''
Metro Uptown
RM 2-5
Additional Info
Compass
Additional Information
: None, Community Facilities
: Other, Drywall
: One, Two
: Sprinklers In Front, Landscaped, Sprinklers In Rear, All Auto Sprinklers
5
2
https://www.propertypanorama.com/instaview/snd/240011437
Listing Information
652140
8817
ACTIVE
2024-10-04T17:01:00Z
sdmls
: N/K

Residential Income Additional

4114-20 39th St, East San Diego Ca 92105

8 Bedrooms
3,300
$2,199,000
Listing ID #240019757
Basic Details
Property Type : Residential Income Additional
Listing Type : For Sale
Listing ID : 240019757
Price : $2,199,000
Bedrooms : 8
Square Footage : 3,300
Lot Area : 0.16 Acre
Status : Active
Property Sub Type : Com-Res Income
Roof : Other
Contact Agent
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$