4032-4034 N Bonita St

8
Baths
7,312 Sq. Ft.
$302 / Sq. Ft.
7,312
Sq. Ft.
$302
per Sq. Ft.

Description

Superior unit mix of one-2 bed/1.5 bath detached house and eight-2 bed/one bath apartments. There is an additional non-permitted one bed/one bath unit below the house. Built in 1950. Almost all units have been renovated upon turnover. Seller has done about $220k of renovations with a new roof on the detached house and interior upgrades. Laundry room with owned newer Speed Queen Quantum Gold top of the line washer/dryers. Density bonus law of 2018 grants the right of owners of multifamily assets to...Superior unit mix of one-2 bed/1.5 bath detached house and eight-2 bed/one bath apartments. There is an additional non-permitted one bed/one bath unit below the house. Built in 1950. Almost all units have been renovated upon turnover. Seller has done about $220k of renovations with a new roof on the detached house and interior upgrades. Laundry room with owned newer Speed Queen Quantum Gold top of the line washer/dryers. Density bonus law of 2018 grants the right of owners of multifamily assets to convert non-permitted residential space to permitted. Local jurisdiction, San Diego County, has 60 days to approve the conversion. That means relatively easy recognition or legalization of a non-permitted unit. Part of a 6 asset portfolio, all of which are available individually.
  1. Listed by Terry Moore • DRE #00918512 • Brokerage DRE #01141809 • Apartment Consultants Incorporated
    P: (619)-889-1031 C: (619)-889-1031 tmoore1031@gmail.com

Property Details for 4032-4034 North Bonita Street

Area Zip
SPRING VALLEY (91977)
Standard Status
Closed
LISTING UPDATED: 03/05/2025 02:34 AM

Property Details for 4032-4034 North Bonita Street

StatusSold
MLS #210002621
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income / Com-Res Income
Year Built-
Lot Size0.36 AC / 15,681 SF
CountySan Diego County

Location

Listing Courtesy of Apartment Consultants Incorporated, Terry Moore, DRE #00918512

Sold By Lyst Realty, Alvaro Virissimo, DRE #01492265

Add your commute

Building Information for 4032-4034 North Bonita Street

Stories2Residences9Year Built-Building Size-Lot Size0.36 AC / 15,681 SF

Payment Calculator

$12,449 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,771

Property Taxes

$1,678

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4032-4034 North Bonita Street

Summary
Location and General Information
  • Coordinates: -116.983706, 32.750673
  • Latitude: 32.750673
  • Longitude: -116.983706
  • MLS Area Major: East County
Parking
  • Parking Total: 11.0
Property
Lot Information
  • Building Area Total: 7312.0
  • Building Area Units: Sqft
  • Living Area: 7312
  • Living Area Units: Sqft
  • Lot Size Area: 0.36
  • Lot Size Units: Acres
  • Lot Size:
Property and Assessments
  • Property Sub Type: Com-Res Income
  • Property Type: Residential Income
  • Year Built: 0
  • Assumable Finance: 0.0
Interior and Exterior Features
Exterior Features
  • Number Of Buildings: 1
Interior Features
  • Bathrooms Half: 0
  • Stories: 2
  • Bedrooms Count: 15
  • Baths Total: 8.0
Multi Family
Income & Expenses
  • Operating Expense: $58,316
  • Proj Gross Sched Income: 184560
  • Proj Gross Multiplier: 12.3
  • Proj Gross Operating Inc: 177178
  • Proj Operating Expense: 58316
  • Projected Net Income: 118862
  • Gross Scheduled Income: $172,620
Multi Family Information
  • Unit Rent1: 1275
  • Unit Rent2: 1425
  • Unit Rent3: 1395
  • Unit Rent4: 1340
  • Unit Rent5: 1335
  • Unit Rent6: 1300
  • Num of Units1: 1
  • Num of Units2: 2
  • Num of Units3: 1
  • Num of Units4: 1
  • Num of Units5: 1
  • Num of Units6: 1
  • Unit Rent Total1: $1,275
  • Unit Rent Total2: $2,850
  • Unit Rent Total3: $1,395
  • Unit Rent Total4: $1,340
  • Unit Rent Total5: $1,335
  • Unit Rent Total6: $1,300
  • Number Of Units Total: 9
Rental
Rent Information
  • Num of Leased Apartments: 10

Property History for 4032-4034 North Bonita Street

DateEvent & SourcePriceAppreciation
Mar 29, 2021

Sold

SDMLS #210002621

$2,210,000
Feb 25, 2021

Pending

SDMLS #210002621

Feb 1, 2021

Listed (Active)

SDMLS #210002621

$2,275,000
Oct 31, 2014

Sold

SDMLS #140044649

$1,303,500
Oct 31, 2014

Pending

SDMLS #140044649

Aug 13, 2014

Listed (Active)

SDMLS #140044649

$1,336,500
Jan 12, 2007

Withdrawn

SDMLS #61075349

Aug 31, 2006

Listed (Active)

SDMLS #61075349

$1,585,000
Jul 4, 2006

Expired

SDMLS #61001097

Jan 4, 2006

Listed (Active)

SDMLS #61001097

$1,585,000
Dec 2, 2005

Withdrawn

SDMLS #51069108

Sep 21, 2005

Listed (Active)

SDMLS #51069108

$1,585,000
DateEvent & SourcePrice
03/29/2021

Sold

SDMLS #210002621

$2,210,000
02/25/2021

Pending

SDMLS #210002621

02/01/2021

Listed (Active)

SDMLS #210002621

$2,275,000
10/31/2014

Sold

SDMLS #140044649

$1,303,500
10/31/2014

Pending

SDMLS #140044649

08/13/2014

Listed (Active)

SDMLS #140044649

$1,336,500
01/12/2007

Withdrawn

SDMLS #61075349

08/31/2006

Listed (Active)

SDMLS #61075349

$1,585,000
07/04/2006

Expired

SDMLS #61001097

01/04/2006

Listed (Active)

SDMLS #61001097

$1,585,000
12/02/2005

Withdrawn

SDMLS #51069108

09/21/2005

Listed (Active)

SDMLS #51069108

$1,585,000

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

Public Records for 4032-4034 North Bonita Street

Taxable ValueLand$384,625Additions$1,047,835Total$1,432,460
Tax Record2020$20,142 ($1,678 / month)
Home Facts
Total Finished SqFt7,312 SqFtAbove Grade Finished SqFt7,312 SqFtStyleMulti-Family Res (5+ Units)Year Built1950Year Renovated1950ZoningR3CountySAN DIEGOAPN5011750400

Schools near 4032-4034 North Bonita Street

This home is within Grossmont Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Casa De Oro Elementary School
PublicK to 6

Spring Valley Middle School
Public7 to 8

Monte Vista High School
Public9 to 12

Merit Academy
Public9 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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Listing Courtesy of Apartment Consultants Incorporated, Terry Moore, DRE #00918512

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