Skip To Content

4576 32nd Street

San Diego, CA 92116
  • $1,495,000
  • STATUS: Active
  • ON SITE: 203 Days
  • ID#: DW22243191
UPDATED: 57 min ago
$1,495,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Listing Agent(s): Christina Kim of Exp Realty Of California Inc. (888-832-7179)


Description

A rare opportunity to own a 5-unit remodeled/upgraded apartment community in San Diego. Great Value-Add Multi-Family opportunity for investors in San Diego's coveted 92116 zip code. The area is nicknamed "Normal Heights which is best known for vintage shops, bookstores, bars, and international eateries. This opportunity has a strong current cash flow and also has a fantastic rental income upside that the new owner can take advantage of. The property consists of 5 units situated on a 4,500 sq lot. The property is near Interstate 805 and Interstate 15 which makes traveling around the city accessible and is six miles from the bustling San Diego Downtown encompasses the historic Gaslamp Quarter where there are many restaurants, bars, and sites. Petco Park where they hold many concerts, the Padres baseball games, and other events.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T17:38:46.657. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/134840254
Print Image

4576 32nd Street San Diego, CA 92116

  • Price: $1,495,000
  • Status: Active
  • On Site: 203 Days
  • Updated: 57 min ago
  • ID#: DW22243191
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1925
Built
Neighborhood:
University Heights
County:
San Diego
Area:
92116 - Normal Heights
Property Description
A rare opportunity to own a 5-unit remodeled/upgraded apartment community in San Diego. Great Value-Add Multi-Family opportunity for investors in San Diego's coveted 92116 zip code. The area is nicknamed "Normal Heights which is best known for vintage shops, bookstores, bars, and international eateries. This opportunity has a strong current cash flow and also has a fantastic rental income upside that the new owner can take advantage of. The property consists of 5 units situated on a 4,500 sq lot. The property is near Interstate 805 and Interstate 15 which makes traveling around the city accessible and is six miles from the bustling San Diego Downtown encompasses the historic Gaslamp Quarter where there are many restaurants, bars, and sites. Petco Park where they hold many concerts, the Padres baseball games, and other events.
Exterior Features

Fencing None Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 5 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Sidewalks Electric Expense 300 Fuel Expense 0 Garage YN Yes Gross Income 123600 Gross Scheduled Income 123600 Insurance Expense 3200 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Maintenance Expense 1200 Net Operating Income 103945 New Construction YN No New Taxes Expense 9283 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Number Of Units Leased 5 Operating Expense 18983 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Tax Year 2022 Trash Expense 0 Water Sewer Expense 3600 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T17:38:46.657. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_370598771-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_370598771-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_370598771-1.jpg
Logo
Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Christina Kim of Exp Realty Of California Inc. (888-832-7179)