CA > San Diego
San Diego, CA 92105,4114-20 39th St
San Diego, CA 92105,4114-20 39th St
San Diego, CA 92105,4114-20 39th St
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$2,199,000
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7,001 Sqft Lot
Price Dropped by $51K

4114-20 39th St San Diego, CA 92105

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Jeehyun Hoke

Jeehyun Hoke

+1(913) 624-4768

UPDATED:

10/04/2024 05:02 PM

Key Details

Property Type Commercial

Sub Type Other/Remarks

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240019757

Lot Size 7,001 Sqft

Acres 0.16

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.

Location

State CA

County San Diego

Area East San Diego (92105)

Zoning RM 2-5

Interior

Heating Central Forced Air Elec

Cooling Central Forced Air Elec

Flooring Vinyl

Exterior

Exterior Feature All Auto Sprinklers, Cable Available, Community Facilities, Front Sprinklers, Fully Landscaped, Rear Sprinklers, Security Bars

Garage Garages, Spaces, Other/Remarks

Roof Type Other/Remarks

Total Parking Spaces 4

Building

Story 2

Lot Size Range .25 Acres or less

Others

Acceptable Financing Cash, Exchange Down, Exchange Up, FHA, VA, Other/Remarks

Space Rent $155,940

Listing Terms Cash, Exchange Down, Exchange Up, FHA, VA, Other/Remarks

San Diego Regional MLS (SDMLS)
Listed by Seth Struiksma • Compass

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Jeehyun Hoke

Agent | License ID: 02222705

+1(913) 624-4768

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4114-20 39th St