3841 Superior St

San Diego, CA 92113

$1,270,000
Last Sold Price
6
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

We are pleased to present the Superior Street Cottages, 3 detached 2 bed/1 bath homes located in the Mountain View neighborhood of south San Diego. This opportunity offers buyers multiple options, an owner occupy buyer can live in one unit, possibly 3845 which includes a garage, basement and two gated parking spaces and rent out the other two units. Or the cashflow minded investor can purchase a turn-key, stabilized market rent asset and lock in 30 year fixed residential financing. Current rents...We are pleased to present the Superior Street Cottages, 3 detached 2 bed/1 bath homes located in the Mountain View neighborhood of south San Diego. This opportunity offers buyers multiple options, an owner occupy buyer can live in one unit, possibly 3845 which includes a garage, basement and two gated parking spaces and rent out the other two units. Or the cashflow minded investor can purchase a turn-key, stabilized market rent asset and lock in 30 year fixed residential financing. Current rents are strong, ACTUAL GRM is 14.19 and the CAP rate is 4.69%. Recent upgrades include new roofs, new insulation, new appliances, cabinets, granite countertops, bathrooms, kitchens, crown molding, recessed lighting, and more. In addition, amenities include individual washer/dryer in each unit and individual fenced patios/yards for tenants to enjoy.
  1. Listed by Christopher Sarver • DRE #01886309 • Brokerage DRE #01346887 • Acre Investment Real Estate

Property Details for 3841 Superior Street

Cross Streets
S 38th & S 39th
Source Living Area
Assessor
Area
Logan Heights (LOH)
Lot Size Area
6301
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
546-223-06-00
LISTING UPDATED: 08/30/2022 11:41 AM

Property Details for 3841 Superior Street

StatusSold
MLS #220014644SD
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.14 AC / 6,301 SF
CountySan Diego County

Location

Listing Courtesy of Acre Investment Real Estate, Christopher Sarver, DRE #01886309

Sold By Compass, Coby Herzog, DRE #02011079

Add your commute

Building Information for 3841 Superior Street

Stories1Residences-Year Built1950Building Size-Lot Size0.14 AC / 6,301 SF

Payment Calculator

$6,654 per month

30 year fixed, 6.845% Interest

Principal and Interest

$6,654

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3841 Superior Street

Community / Development
Community / Development
  • Complex Name: N/A
  • Number Of Units: 3
  • Builders Tract Name: Mountain View
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: No
  • Security Features: None
Contract Info
Contract Info
  • Financing: VA
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $65,443.00
  • Gross Scheduled Income: $98,340
  • Cap Rate: 4.69%
  • Gross Rent Multiplier: $14.19
  • Other Income1: $.00
  • Total Annual Expense: 29946
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: None
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Other
  • Fence: Full
Lease Terms
Lease Terms
  • Listing Terms: Other
  • Tenant Pays: Electricity, Gas/Propane
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $2,450.00
  • Unit Actual Rent: $2,450.00
  • Unit Projected Rent: $2,545.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $2,545.00
  • Unit Actual Rent: $2,545.00
  • Unit Projected Rent: $2,545.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $3,200.00
  • Unit Actual Rent: $3,200.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1

Property History for 3841 Superior Street

DateEvent & SourcePriceAppreciation
Aug 25, 2022

Sold

CLAW #220014644SD

$1,270,000
Jul 31, 2022

Pending

CLAW #220014644SD

Jun 6, 2022

Listed (Active)

CLAW #220014644SD

$1,395,000
DateEvent & SourcePrice
08/25/2022

Sold

CLAW #220014644SD

$1,270,000
07/31/2022

Pending

CLAW #220014644SD

06/06/2022

Listed (Active)

CLAW #220014644SD

$1,395,000

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

Schools near 3841 Superior Street

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

Logan Memorial Educational Campus
PublicK to 12

Mountain View
PublicK to 8

San Diego Cooperative Charter School 2
CharterK to 8

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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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 Acre Investment Real Estate, Christopher Sarver, DRE #01886309

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