375 South 49th Street

San Diego, CA 92113

$2,945,000
Price
5
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

375 S 49th Street is located in an Opportunity Zone and is part of the Complete Communities Plan. The property is situated on a large 17,694 square foot lot and has a strong unit mix of (4) 3 Bedroom / 2 Bathroom units appx 1,000 square feet and (6) 2 Bedroom / 1 Bathroom units appx 830 square feet. The 8,984 square foot structure built in 1971 has been thoroughly renovated 10 years ago, has onsite laundry facilities, and approximately 20 gated parking spaces with a rear entrance and frontage on...375 S 49th Street is located in an Opportunity Zone and is part of the Complete Communities Plan. The property is situated on a large 17,694 square foot lot and has a strong unit mix of (4) 3 Bedroom / 2 Bathroom units appx 1,000 square feet and (6) 2 Bedroom / 1 Bathroom units appx 830 square feet. The 8,984 square foot structure built in 1971 has been thoroughly renovated 10 years ago, has onsite laundry facilities, and approximately 20 gated parking spaces with a rear entrance and frontage on S Willie James Jones Avenue. There is upside in the development potential on or over the parking lot. The kitchens and baths have tile, new cabinets, vanities, and appliances. The bedrooms have mirrored closet doors. The current $1,710,000 loan at 2.94% fixed until June 2026 can be assumed.
  1. Listed by Benn Vogelsang • DRE #01883437 • NorthMarq Multifamily
  2. Listed by Erik M Anderson • DRE #01991182 • NorthMarq Multifamily

Property Details for 375 South 49th Street

City Postal ID
LOGAN HEIGHTS (92113)

Location

Listing Courtesy of NorthMarq Multifamily, Benn Vogelsang, DRE #01883437; NorthMarq Multifamily, Erik M Anderson, DRE #01991182
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LISTING UPDATED: 02/21/2024 04:21 PM

Property Details for 375 South 49th Street

StatusActive
MLS #230006123
Days on Market362
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income
Year Built-
Lot Size0.41 AC / 17,694 SF
CountySan Diego County

Location

Listing Courtesy of NorthMarq Multifamily, Benn Vogelsang, DRE #01883437; NorthMarq Multifamily, Erik M Anderson, DRE #01991182
Add your commute

Building Information for 375 South 49th Street

Stories-Residences-Year Built-Building Size-Lot Size0.41 AC / 17,694 SF

Payment Calculator

$18,503 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,072

Property Taxes

$2,431

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 375 South 49th Street

Summary Information
Property and Location
  • System ID: 230006123
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 375
  • Street Direction: S
  • Street Name: 49th Street
  • Market Area: Metro Central
Property Information
Property and Assessments
  • Entry Only: No
  • Assessors Parcel Num: 548-241-22-00
Multi Family Information
Unit 1
  • Unit Rent: 1816
  • Unit Rent Total: $10,896
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Number of Bathrooms: 1
Unit 2
  • Unit Rent: 2023
  • Unit Rent Total: $8,092
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Number of Bathrooms: 2
Building Details
  • Age: 1971
  • Have: Units
  • Motive/Want: 1031
  • SqFt of Improvement: 8,984

Property History for 375 South 49th 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 375 South 49th Street

Taxable ValueLand$1,227,672Additions$1,148,601Total$2,376,273
Tax Record2023$29,172 ($2,431 / month)
Home Facts
Total Finished SqFt8,984 SqFtAbove Grade Finished SqFt8,984 SqFtLot Size17,005 SqFtStyleMulti-Family Res (5+ Units)Year Built1971ZoningR-2:MINOR MULCountySAN DIEGOAPN548-241-22-00

Schools near 375 South 49th Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Porter Elementary School
PublicK to 6

Knox Middle
Public6 to 8

Lincoln High School
Public9 to 12

KIPP Adelante Preparatory Academy
Charter5 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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375 South 49th Street is a multi-family home for sale in San Diego, CA 92113. This property was listed for sale on March 31, 2023 by NorthMarq Multifamily, it's currently listed at $2,945,000. It has been on the market for a total of 362 days and was last sold on May 19, 2021. This listing's school district is San Diego Unified School District. Nearby schools include Porter Elementary School, Knox Middle and Lincoln High School. 375 South 49th Street is a 5-bed, 3-bath, multi-family home.

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Listing Courtesy of NorthMarq Multifamily, Benn Vogelsang, DRE #01883437; NorthMarq Multifamily, Erik M Anderson, DRE #01991182

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