3833 42nd Street

San Diego, CA 92105

$1,599,999
Price
7
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Exceptional Multi-Family Investment Opportunity! Don t miss this rare chance to own a versatile multi-family property with over $11,000 in potential monthly rental income . Situated on a spacious 7,280 sq ft lot, this property includes two income-producing buildings. The front building features a 2-story main house with 4 bedrooms and 2 bathrooms, offering the flexibility for owner-occupancy or high-value rental income. Two additional studio spaces, each with private bathrooms and separate entrances,...Exceptional Multi-Family Investment Opportunity! Don t miss this rare chance to own a versatile multi-family property with over $11,000 in potential monthly rental income . Situated on a spacious 7,280 sq ft lot, this property includes two income-producing buildings. The front building features a 2-story main house with 4 bedrooms and 2 bathrooms, offering the flexibility for owner-occupancy or high-value rental income. Two additional studio spaces, each with private bathrooms and separate entrances, add even more earning potential. The rear building consists of four apartments: three 1-bedroom, 1-bath units and one unpermitted 2-bedroom, 1-bath unit. Located in a desirable area with easy access to local amenities and major San Diego attractions, this property offers tremendous upside for savvy investors looking to grow their portfolio.
  1. Listed by Daniela Taylor • DRE #02187964 • Brokerage DRE #01022642 • eXp Realty of California, Inc.

Property Details for 3833 42nd Street

Cross Streets
Wightman St
Source Living Area
Assessor
Area
East San Diego (ESD)
Lot Size Area
7280
Home owner Dues
$0
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
LISTING UPDATED: 12/02/2024 10:22 AM

Property Details for 3833 42nd Street

StatusActive
MLS #240027581SD
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.17 AC / 7,280 SF
CountySan Diego County

Building Information for 3833 42nd Street

Stories2Residences-Year Built1950Building Size-Lot Size0.17 AC / 7,280 SF

Property Information for 3833 42nd Street

Community / Development
Community / Development
  • Complex Name: N/A
  • Number Of Units: 4
  • Builders Tract Name: San Diego
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 2
  • View: No
  • Security Features: None
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $68,000.00
  • Gross Scheduled Income: $94,200
  • Cap Rate: 4.25%
  • Gross Rent Multiplier: $17.00
  • Other Income1: $.00
  • Total Annual Expense: 26000
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Acreage: 0.17
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Wall/Window
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Composition
  • Fence: None
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional
  • Tenant Pays: Other
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Rent: $2,250.00
  • Unit Actual Rent: $2,250.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Rent: $5,600.00
  • Unit Actual Rent: $5,600.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Like Units: 1

Property History for 3833 42nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3833 42nd Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Central Elementary School
PublicK to 5

Wilson Middle School
Public6 to 8

Hoover High School
Public9 to 12

Health Sciences High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3833 42nd Street is a multi-family home for sale in San Diego, CA 92105. This property was listed for sale on November 26, 2024 by eXp Realty of California, Inc., it's currently listed at $1,599,999. This listing's school district is San Diego Unified School District. Nearby schools include Central Elementary School, Wilson Middle School and Hoover High School. 3833 42nd Street is a 7-bed, 5-bath, multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California, Inc., Daniela Taylor, DRE #02187964

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