3830 41st Street

San Diego, CA 92105

$880,000
Price
7
Beds
3
Baths
2,588 Sq. Ft.
$340 / Sq. Ft.
2,588
Sq. Ft.
$340
per Sq. Ft.

Description

Prime "Fixer Upper" Property in City Heights. This 4-unit fixer upper property presents a lucrative investment opportunity for savvy investors. Boasting a prime location and substantial potential, this property is primed for transformation and profit maximization. Spanning a total of 2588 square feet and situated on a 5506 square feet lot, there's room for expansion, landscaping, or other value-added improvements. Zoned R4, this property offers flexibility for various development opportunities, allowing...Prime "Fixer Upper" Property in City Heights. This 4-unit fixer upper property presents a lucrative investment opportunity for savvy investors. Boasting a prime location and substantial potential, this property is primed for transformation and profit maximization. Spanning a total of 2588 square feet and situated on a 5506 square feet lot, there's room for expansion, landscaping, or other value-added improvements. Zoned R4, this property offers flexibility for various development opportunities, allowing for potential expansion or redevelopment projects to maximize its investment potential. Comprising 2 dwellings, the front building features three units. Unit 1: 2+1 First Floor, Unit 2: 2+1 Second Floor, Unit 3: Studio apartment is in the back of the building. Unit 4: A separate back building offers a single 3-bedroom, 1-bathroom unit. All units are currently vacant. This property presents the chance to add significant value through renovation and modernization efforts. With the right vision and execution, investors can unlock the full potential of this property, attracting premium rental rates and enhancing its overall market value. Positioned in a desirable area of San Diego, this property enjoys proximity to amenities, transportation hubs, schools, and recreational facilities, making it an attractive choice for potential tenants and future buyers alike. With strategic upgrades and repairs, the potential rental income for this property is estimated to soar up to $9400+ per month, offering a substantial return on investment. Don't miss out on this chance to turn this diamond in the rough into a profitable asset in your investment portfolio.
  1. Listed by Sez Sezer • DRE #01988197 • Brokerage DRE #01947727 • Douglas Elliman of California • sez@carmelvalley.com

Property Details for 3830 41st Street

Parking Spaces Total
0
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Living Area
2588
Assessor Parcel Number
454-772-19-00
Property Attached YN
true

Location

Listing Courtesy of Douglas Elliman of California, Sez Sezer, DRE #01988197
Add your commute
LISTING UPDATED: 04/11/2024 10:52 AM

Property Details for 3830 41st Street

StatusActive
MLS #NDP2402240
Days on Market46
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.13 AC / 5,506 SF
CountySan Diego County

Location

Listing Courtesy of Douglas Elliman of California, Sez Sezer, DRE #01988197
Add your commute

Building Information for 3830 41st Street

Stories2Residences-Year Built1923Building Size-Lot Size0.13 AC / 5,506 SF

Payment Calculator

$5,137 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,803

Property Taxes

$334

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3830 41st Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $112,800
  • Gross Scheduled Income: $9,400
  • Net Operating Income: $0
  • Cap Rate: 0.0
Expense Details
  • Operating Expense: $0
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 001007
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 52/31,32
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: 1
  • Fence: No
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number With Range: 4
  • Number With Refrigerator: 3
  • Number With Patio: 0

Property History for 3830 41st 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 3830 41st Street

Taxable ValueLand$170,382Additions$153,343Total$323,725
Tax Record2023$4,010 ($334 / month)
Home Facts
Total Finished SqFt2,588 SqFtAbove Grade Finished SqFt2,588 SqFtLot Size5,506 SqFtStyleMulti-Family Dwelling (2-4)Year Built1923ZoningR-4:MULTIPLECountySAN DIEGOAPN454-772-19-00

Schools near 3830 41st Street

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

Wilson Middle School
Public6 to 8

Hoover High School
Public9 to 12

Health Sciences High School
Charter9 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

3830 41st Street is a multi-family home for sale in San Diego, CA 92105. This property was listed for sale on March 16, 2024 by Douglas Elliman of California, it's currently listed at $880,000. This listing's school district is San Diego Unified School District. Nearby schools include Central Elementary School, Wilson Middle School and Hoover High School. 3830 41st Street is a 7-bed, 3-bath, 2,588 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman of California, Sez Sezer, DRE #01988197

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 SDMLS®, Inc.