4069-75 38th Street

4069-75 38th Street

San Diego, CA 92105

$1,350,000
Last Sold Price
3
Beds
2
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Sold 6/28/23

Sold 6/28/23

an aerial view of a house with a yard swimming pool and outdoor seating
an aerial view of multiple house
an aerial view of a city
an aerial view of multiple houses with outdoor space
an aerial view of a
a utility room with a sink a washer and dryer
a kitchen with granite countertop a refrigerator and a stove top oven
a kitchen with stainless steel appliances granite countertop a stove a sink and a refrigerator
a view of a hallway with wooden floor and closet
an empty room with wooden floor and windows
a view of a hallway with wooden floor and windows
a bathroom with a toilet sink and mirror
a view of a backyard with wooden fence
a view of a backyard with wooden fence

Description

4069-75 38th Street is a 6-unit apartment community built in 1926 located in mid-city San Diego just minutes from North Park, Talmadge and Kensington as well as only blocks from Normal Heights. The market cap rate is 7.83% and the market GRM is 9.6. The beach and downtown San Diego are within a few miles. The desirable unit mix features two tandem 2 Bedroom / 1 Bath units and four 1 Bedroom / 1 Bath units, all of which are renovated separate cottages. The exterior renovations include new windows,...4069-75 38th Street is a 6-unit apartment community built in 1926 located in mid-city San Diego just minutes from North Park, Talmadge and Kensington as well as only blocks from Normal Heights. The market cap rate is 7.83% and the market GRM is 9.6. The beach and downtown San Diego are within a few miles. The desirable unit mix features two tandem 2 Bedroom / 1 Bath units and four 1 Bedroom / 1 Bath units, all of which are renovated separate cottages. The exterior renovations include new windows, new stucco, a new concrete walkway, and new pitched roofs. The interiors feature quartz countertops, new cabinets, as well as plank and tile flooring, with back doors to private yards with individual hot water heaters. There are 6 off-street parking spaces, 400 amp electrical service, and the structures are situated on a 6,748 square foot lot in an Opportunity Zone and Complete Communities Plan between El Cajon Blvd and University Avenue in mid-city San Diego.
  1. Listed by Benn Vogelsang • DRE #01883437 • NorthMarq Multifamily
  2. Listed by Erik M Anderson • DRE #01991182 • NorthMarq Multifamily

Property Details for 4069-75 38th Street

City Postal ID
EAST SAN DIEGO (92105)

Location

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

Sold By NorthMarq Multifamily, Benn Vogelsang, DRE #01883437

Add your commute
LISTING UPDATED: 06/28/2023 04:32 PM

Property Details for 4069-75 38th Street

StatusSold
MLS #230006433
Days on Market69
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income
Year Built-
Lot Size0.15 AC / 6,748 SF
CountySan Diego County

Location

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

Sold By NorthMarq Multifamily, Benn Vogelsang, DRE #01883437

Add your commute

Building Information for 4069-75 38th Street

Stories-Residences-Year Built-Building Size-Lot Size0.15 AC / 6,748 SF

Payment Calculator

$7,368 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4069-75 38th Street

Summary Information
Property and Location
  • System ID: 230006433
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 4069
  • Street Name: 38th Street
  • Market Area: Metro Uptown
Property Information
Property and Assessments
  • Entry Only: No
  • Assessors Parcel Num: 447-422-06-00
Multi Family Information
Unit 1
  • Unit Rent: 1856
  • Unit Rent Total: $3,712
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Number of Bathrooms: 1
Unit 2
  • Unit Rent: 1474
  • Unit Rent Total: $5,896
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Number of Bathrooms: 1
Building Details
  • Age: 1926
  • Have: Units
  • Motive/Want: 1031
  • SqFt of Improvement: 2,514

Property History for 4069-75 38th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 4069-75 38th Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Central Elementary School
Public - K to 5
Wilson Middle School
Public - 6 to 8
Hoover High School
Public - 9 to 12
Health Sciences High School
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.

Homes for Sale near Corridor

Neighborhoods

Cities

ZIPs

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

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.