4403 44th Street

San Diego, CA 92115

$1,525,000
Last Sold Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

We are pleased to present an outstanding opportunity for massive wealth creation and value add in the charming Talmadge submarket. 4403-13 44th St is comprised of (4) units: a 3BR 1BA home, and (3) 1BR units, one of which is a cottage. There are (3) larger single car garages for the 1BRs, a standard sized garage and driveway for the home, and a large, newer Tuff Shed on the lot. The property has laundry on site, and even has extra parking spots allowing two spaces for each of the units, in addition...We are pleased to present an outstanding opportunity for massive wealth creation and value add in the charming Talmadge submarket. 4403-13 44th St is comprised of (4) units: a 3BR 1BA home, and (3) 1BR units, one of which is a cottage. There are (3) larger single car garages for the 1BRs, a standard sized garage and driveway for the home, and a large, newer Tuff Shed on the lot. The property has laundry on site, and even has extra parking spots allowing two spaces for each of the units, in addition to the garages. There lies an easy opportunity to renovate the units and capture ~33%of rental upside. For those seeking San Diego's newfound ADU development riches, there is something for everyone. The larger, 10,590 SF RM 1-1 lot allows for 1.0 FAR density. A buyer could simply convert the garages into 4 new units, or look to scrape structures in favor of brand new construction.
  1. Listed by Florian Sighe • DRE #02072593 • Brokerage DRE #01824454 • The Browar Group

Property Details for 4403 44th Street

Cross Streets
Meade
Area
San Diego (City) (SD)
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
471-032-14-00

Location

Listing Courtesy of The Browar Group, Florian Sighe, DRE #02072593

Sold By The Browar Group, Florian Sighe, DRE #02072593

Add your commute
LISTING UPDATED: 12/05/2023 01:45 PM

Property Details for 4403 44th Street

StatusSold
MLS #230019224SD
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size-
CountySan Diego County

Location

Listing Courtesy of The Browar Group, Florian Sighe, DRE #02072593

Sold By The Browar Group, Florian Sighe, DRE #02072593

Add your commute

Building Information for 4403 44th Street

Stories1Residences-Year Built1950Building Size-Lot Size-

Payment Calculator

$8,323 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,323

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4403 44th Street

Community / Development
Community / Development
  • Complex Name: Talmadge
  • Number Of Units: 4
  • Builders Tract Name: Talmadge
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: No
  • Security Features: None
Contract Info
Contract Info
  • Financing: Conventional
  • Listing Type: Exclusive Right To Sell
  • Service Level: Entry Only
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $56,049.00
  • Gross Scheduled Income: $84,032
  • Cap Rate: 3.50%
  • Gross Rent Multiplier: $19.00
  • Other Income1: $.00
  • Total Annual Expense: 25462
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: Composition
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional, FHA, VA
  • Tenant Pays: Electricity, Gas/Propane, Hot Water

Property History for 4403 44th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 4403 44th Street

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

Lewis Middle School
Public6 to 8

Wilson Middle School
Public6 to 8

Patrick Henry High School
Public9 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

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Similar Sold Homes

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Listing Courtesy of The Browar Group, Florian Sighe, DRE #02072593

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