3428 Martin Avenue

San Diego, CA 92113

$970,000
Price
6
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This investment property is truly outstanding, featuring 3 income producing units! Two units are spacious 3-bedroom detached units on a single lot. The third is a travel bungalow complete with full hookups. A removable gate ensures effortless entrance and exit for the travel. Whether you're a homeowner looking for an ideal living arrangement or an astute investor seeking rental income, this property offers it all. New gates, fences, and privacy barriers provide added security and a sense of tranquility....This investment property is truly outstanding, featuring 3 income producing units! Two units are spacious 3-bedroom detached units on a single lot. The third is a travel bungalow complete with full hookups. A removable gate ensures effortless entrance and exit for the travel. Whether you're a homeowner looking for an ideal living arrangement or an astute investor seeking rental income, this property offers it all. New gates, fences, and privacy barriers provide added security and a sense of tranquility. With new roofs, solar and a recently paved driveway, this property exudes quality and attractiveness. Situated conveniently close to the Navy Base and downtown, you'll have easy access to all the action. Plenty of space for your vehicles, making this property perfect for families and guests. The generous lot size offers ample space for outdoor activities, gardening, and future expansion. Alley access adds an extra layer of accessibility and ease. This property is a true gem, blending comfort, convenience, and the potential for robust.
  1. Listed by Jennifer Phan • DRE #01983793 • Brokerage DRE #01180851 • Real Broker

Property Details for 3428 Martin Avenue

Zoning
R-2
Cross Streets
S 35th
Area
Logan Heights (LOH)
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
545-642-27-00
Directions
Make a left on S 35th Street turn right into Martin Street drive down toward the end of the street. Property will be on the left

Location

Listing Courtesy of Real Broker, Jennifer Phan, DRE #01983793
Add your commute
LISTING UPDATED: 04/26/2024 10:38 AM

Property Details for 3428 Martin Avenue

StatusActive
MLS #230021930SD
Days on Market142
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1984
Lot Size-
CountySan Diego County

Location

Listing Courtesy of Real Broker, Jennifer Phan, DRE #01983793
Add your commute

Building Information for 3428 Martin Avenue

Stories1Residences-Year Built1984Building Size-Lot Size-

Payment Calculator

$5,294 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,294

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3428 Martin Avenue

Community / Development
Community / Development
  • Complex Name: None
  • Number Of Units: 2
  • Builders Tract Name: Logan
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: No
  • Security Features: Other
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Entry Only
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $74,323.00
  • Gross Scheduled Income: $84,360
  • Cap Rate: 7.62%
  • Gross Rent Multiplier: $11.79
  • Other Income1: $1,500.00
  • Total Annual Expense: 10036
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: Gate
Lease Terms
Lease Terms
  • Listing Terms: Cal Vet Loan, Cash, Conventional, VA
  • Tenant Pays: Electricity, Gas/Propane, Water
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Rent: $2,280.00
  • Unit Actual Rent: $2,280.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Rent: $3,250.00
  • Unit Actual Rent: $3,250.00
  • Like Units: 1
Unit 3 Information
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Like Units: 1

Property History for 3428 Martin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 3428 Martin Avenue

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

San Diego Cooperative Charter School 2
CharterK to 8

America's Finest Charter
CharterK to 12

Logan K-8
PublicK 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.

Similar Homes

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Similar Sold Homes

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3428 Martin Avenue is a multi-family home for sale in San Diego, CA 92113. This property was listed for sale on November 6, 2023 by Real Broker, it's currently listed at $970,000. It has been on the market for a total of 142 days and was last sold on November 2, 2021. This listing's school district is San Diego Unified School District. Nearby schools include Emerson/Bandini Elementary School, San Diego Cooperative Charter School 2 and America's Finest Charter. 3428 Martin Avenue is a 6-bed, 3-bath, multi-family home built in 1984.

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Listing Courtesy of Real Broker, Jennifer Phan, DRE #01983793

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