3738-46 Florida Street

3738-46 Florida Street

San Diego, CA 92104

$2,850,000
Last Sold Price
2
Beds
1
Bath
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Sold 8/30/23

Sold 8/30/23

a front view of a house with garden
a view of a street with cars
a front view of a house with a yard
a front view of house with yard and green space
front view of a house with a tree
front view of a house with a street
a front view of a house with garden
a front view of a house with yard and swimming pool
a front view of a house with a yard
a view of an empty room with wooden floor and a window
an empty room with wooden floor and entrance
a bathroom with a bathtub and a shower
a kitchen with a refrigerator sink stove and cabinets
an empty room with wooden floor and windows
a car parked on the side of the road
a front view of multiple houses with yard
a house with a outdoor space
a view of a room with gym equipment
a car parked in front of a building
a front view of a house with a yard

Description

We are pleased to present 3738-46 Florida Street & 1935-39 Robinson Ave on one parcel. Together both addresses combine for (7) Two Bed / One Bath units with (7) single-car garages. Long-term ownership has done a great job maintaining the property. In 2006 current ownership invested over $250,000 in capital improvements including; Windows, Exterior Painting, Roofs, Landscaping, Water Heaters, etc. Upon a vacancy, the unit was painted with new appliances as needed. The Property is ideally situated...We are pleased to present 3738-46 Florida Street & 1935-39 Robinson Ave on one parcel. Together both addresses combine for (7) Two Bed / One Bath units with (7) single-car garages. Long-term ownership has done a great job maintaining the property. In 2006 current ownership invested over $250,000 in capital improvements including; Windows, Exterior Painting, Roofs, Landscaping, Water Heaters, etc. Upon a vacancy, the unit was painted with new appliances as needed. The Property is ideally situated on a large corner lot that is almost 11k SQFT. There is a common area laundry facility and plenty of on-site and street parking. The property rests just south of the heart of North Park and University Ave. Residents can enjoy being within walking distance of Balboa Park and within minutes of Hillcrest and Downtown San Diego. One of the most established neighborhoods in San Diego, the property is surrounded by primarily residential with a cultured and trendy community with great walking proximity to popular restaurants and entertainment. The property boasts a 92/100 Walk Score. 3738-46 Florida St and 1935-39 Robinson Ave under the city of San Diego's Complete Community Housing Solutions Tier 3 FAR 6.5. The new owner can redevelop the property to build a max new building Square Footage of 65,553 SQFT. We estimate a new owner could build between 40 and 60 units. A less aggressive buyer can easily convert all garages into ADU Units. As strictly an investment there are several nearby properties that have sold for a similar $/unit & $/sqft.
  1. Listed by Thomas McCartin • DRE #01427348 • Marcus & Millichap

Property Details for 3738-46 Florida Street

City Postal ID
NORTH PARK (92104)

Location

Listing Courtesy of Marcus & Millichap, Thomas McCartin, DRE #01427348

Sold By Marcus & Millichap, Thomas McCartin, DRE #01427348

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LISTING UPDATED: 08/30/2023 04:35 PM

Property Details for 3738-46 Florida Street

StatusSold
MLS #230005680
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income
Year Built-
Lot Size-
CountySan Diego County

Location

Listing Courtesy of Marcus & Millichap, Thomas McCartin, DRE #01427348

Sold By Marcus & Millichap, Thomas McCartin, DRE #01427348

Add your commute

Payment Calculator

$15,554 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,554

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3738-46 Florida Street

Summary Information
Property and Location
  • System ID: 230005680
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 3738
  • Street Name: Florida St
  • Market Area: Metro Uptown
  • Directions To Property: Corner of Robinson Ave and Florida St in North Park 92104
Property Information
Property and Assessments
  • Entry Only: No
  • Assessors Parcel Num: 453-181-04-00
Multi Family Information
Unit 1
  • Unit Rent: 1813
  • Unit Rent Total: $152,280
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Number of Bathrooms: 1
Building Details
  • Age: 1929
  • Have: Apartments
  • Motive/Want: Exchange
  • Parking: Garages
  • SqFt of Improvement: 0

Property History for 3738-46 Florida Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 3738-46 Florida Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Jefferson Elementary School
Public - K to 5
Roosevelt International Middle School
Public - 6 to 8
Home & Hosp/Transition Support
Public - K to 12
Alba School
Public - 1 to 12
Rating
School
Distance
Jefferson Elementary School
PublicK to 5

Roosevelt International Middle School
Public6 to 8

Home & Hosp/Transition Support
PublicK to 12

Alba School
Public1 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 Marcus & Millichap, Thomas McCartin, DRE #01427348

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