4240-4244 Gamma Street

San Diego, CA 92113

$1,100,000
Price
1
Beds
1,552 Sq. Ft.
$709 / Sq. Ft.
1,552
Sq. Ft.
$709
per Sq. Ft.

Description

Great Investment Property! Renovations completed and rents have room to be increased. Potential to increase the Cap Rate to 6.00%. Plans and Permits APPROVED to add a second bedroom to the front house. Will will be included with the saleGreat Investment Property! Renovations completed and rents have room to be increased. Potential to increase the Cap Rate to 6.00%. Plans and Permits APPROVED to add a second bedroom to the front house. Will will be included with the sale
  1. Listed by John Van Tassel • DRE #01723635 • Brokerage DRE #01978353 • The Real Estate Agency • johnvantassel@yahoo.com

Property Details for 4240-4244 Gamma Street

Parking Spaces Total
0
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1552
Assessor Parcel Number
551-330-45-00
Property Attached YN
true
LISTING UPDATED: 12/12/2024 07:23 AM

Property Details for 4240-4244 Gamma Street

StatusActive
MLS #PTP2407250
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size6845.00 AC / 298,168,200 SF
CountySan Diego County

Building Information for 4240-4244 Gamma Street

Stories1Residences-Year Built1952Building Size-Lot Size6845.00 AC / 298,168,200 SF

Property Information for 4240-4244 Gamma Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $76,800
  • Gross Scheduled Income: $76,800
  • Net Operating Income: $58,500
  • Cap Rate: 5.0
Expense Details
  • Operating Expense: $4,800
  • New Taxes Expense: $12,000
  • Insurance Expense: $1,000
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $18,300
Tax / Assessment Info
  • Tax Tract Number: 000283
  • Tax Lot: 0
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: 1
  • Fence: No
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 4240-4244 Gamma Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4240-4244 Gamma Street

Taxable ValueLand$145,510Additions$48,493Total$194,003
Tax Record2018$2,271 ($189 / month)
Home Facts
Beds4Above Grade Finished SqFt1,552 SqFtLot Size6,969 SqFtStyleMulti-Family Dwelling (2-4)Year Built1952Year Renovated1952ZoningCCountySAN DIEGOAPN5513304500

Schools near 4240-4244 Gamma 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 - K to 8
Rating
School
Distance
Chavez Elementary School
PublicK to 5

Knox Middle
Public6 to 8

Lincoln High School
Public9 to 12

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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4240-4244 Gamma Street is a multi-family home for sale in San Diego, CA 92113. This property was listed for sale on November 22, 2024 by The Real Estate Agency, it's currently listed at $1,100,000. This listing's school district is San Diego Unified School District. Nearby schools include Chavez Elementary School, Knox Middle and Lincoln High School. 4240-4244 Gamma Street is a 1-bed, 0-bath, 1,552 sqft multi-family home built in 1952.

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 The Real Estate Agency, John Van Tassel, DRE #01723635

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