4041-4045 38th Street

San Diego, CA 92105

$1,475,000
Price
7
Beds
Baths
2,350 Sq. Ft.
$628 / Sq. Ft.
2,350
Sq. Ft.
$628
per Sq. Ft.

Description

Introducing a fully renovated 3-unit gem in the heart of Cherokee Point, perfectly positioned between North Park and Normal Heights! This exceptional property features three detached units, each boasting modern upgrades and incredible investment potential. The front house is a spacious 1,100 sq. ft., 3-bedroom, 2-bath beauty. The middle unit offers a comfortable 600 sq. ft. with 2 bedrooms and 1 bath, while the back unit is a charming 650 sq. ft., 2-bedroom, 1-bath retreat with alley access, complete...Introducing a fully renovated 3-unit gem in the heart of Cherokee Point, perfectly positioned between North Park and Normal Heights! This exceptional property features three detached units, each boasting modern upgrades and incredible investment potential. The front house is a spacious 1,100 sq. ft., 3-bedroom, 2-bath beauty. The middle unit offers a comfortable 600 sq. ft. with 2 bedrooms and 1 bath, while the back unit is a charming 650 sq. ft., 2-bedroom, 1-bath retreat with alley access, complete with gated parking for up to 3 vehicles. All units have been meticulously updated with new roofs, cabinets, counters, bathrooms, appliances, plumbing, HVAC systems, and three tankless water heaters. The property also features fresh landscaping, new interior/exterior doors, updated driveways, and beautifully refinished flooring. An onsite laundry building with two stacked units adds convenience for tenants. With close proximity to the 15 and 805 freeways, walking distance to trendy eateries along University Avenue, and easy access to public transportation, this location is ideal for long-term tenants, traveling nurses, or Airbnb guests. The fenced private yard is perfect for children or pets, making this a versatile and desirable rental opportunity. Whether you're looking for a solid long-term investment or a property with strong Airbnb potential (Airbnb analysis available), this 3-unit masterpiece checks all the boxes. Don't miss out on this rare opportunity!
  1. Listed by Brian W Duarte • DRE #01468181 • Brokerage DRE #02072746 • Millennial Realty Group • 619-759-1182

Property Details for 4041-4045 38th Street

Area
East San Diego (92105)
Neighborhood
Normal Heights
Community
NORMAL HEIGHTS
City Postal ID
EAST SAN DIEGO (92105)
Cross Street(s)
University
LISTING UPDATED: 12/02/2024 01:03 PM

Property Details for 4041-4045 38th Street

StatusPending
MLS #240024780
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size-
CountySan Diego County

Building Information for 4041-4045 38th Street

Stories1Residences-Year Built1926Building Size-Lot Size-

Property Information for 4041-4045 38th Street

Summary Information
Property and Location
  • System ID: 240024780
  • Class: 2-4 UNITS
  • Levels: 1 Story
  • Year Built: 1926
  • Street Number Numeric: 4041
  • Street Name: 38th Street
  • Complex Features: Gated Community, Laundry Facilities
  • Age Restrictions: N/K
  • Market Area: Metro Uptown
  • Jurisdiction: Incorporated
Parking
  • Parking for RV: On-Site Parking, Potential Space
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 3
  • Num of Units w/Cooling: 3
  • Cooling: Central Air
  • Water Heater Type: Tankless
  • Heat Source: Electric
Exterior Features
  • Exterior: Stucco
  • Roof: Composition
  • Fencing: Full, Gate
  • Security: Gated Community
  • Pool: N/K
Property Information
Property and Assessments
  • Total Stories: 1
  • Pets: Yes
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Topography: Level
  • Site: Alley Access, Public Street, Sidewalks, Street Paved
  • Complex/Park: Normal Heights
  • Assessors Parcel Num: 4474220900
Utilities
  • Water: Meter on Property
  • Water District: CITY OF SAN DIEGO
  • Water District URL: www.ci.san-diego.ca.us/water
  • Sewer/Septic: Sewer Connected
  • Irrigation: Automatic, Sprinklers
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 4043
  • Parking Non-Garage Unit 1: Tandem
  • Unit 1 Num of Bedrooms: 3
  • Unit 1 Num of Total Baths: 2
  • Unit 1 Deposit: $0
  • Unit 1 Estimated SqFt: 1,100
  • Unit 1 Exclusive Use Yard: No
  • Unit 1 Laundry Hook Ups: Common
  • Unit 1 Occupied: Vacant
  • Unit 1 Projected Rent: $3,600
  • Unit 1 Rent Actual: $0
Unit 2
  • Unit Num for Unit 2: 4045
  • Parking Non-Garage Unit 2: None Known
  • Unit 2 Num of Bedrooms: 2
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $0
  • Unit 2 Estimated SqFt: 600
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Common
  • Unit 2 Occupied: Vacant
  • Unit 2 Projected Rent: $2,600
  • Unit 2 Rent Actual: $0
Unit 3
  • Unit Num for Unit 3: 4041
  • Parking Non-Garage Unit 3: Tandem
  • Unit 3 Num of Bedrooms: 2
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Deposit: $0
  • Unit 3 Estimated SqFt: 650
  • Unit 3 Exclusive Use Yard: Yes
  • Unit 3 Laundry Hook Ups: Common
  • Unit 3 Occupied: Vacant
  • Unit 3 Projected Rent: $2,800
  • Unit 3 Rent Actual: $0
Unit 4
  • Unit 4 Num of Total Baths: 0
Building Details
  • Heating: Electric

Property History for 4041-4045 38th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 4041-4045 38th 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 - 6 to 8
Rating
School
Distance
Central Elementary School
PublicK to 5

Wilson Middle School
Public6 to 8

Hoover High School
Public9 to 12

Health Sciences Middle
Charter6 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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Listing Courtesy of Millennial Realty Group, Brian W Duarte, DRE #01468181

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