4459 32nd Street

San Diego, CA 92116

$1,800,000
Last Sold Price
8
Beds
4
Baths
3,149 Sq. Ft.
$572 / Sq. Ft.
3,149
Sq. Ft.
$572
per Sq. Ft.

Description

Improvements including full exterior painting complete and all new roofs in progress. Irreplaceable 1926 built Spanish-style front 2bed+1bath house with plentiful charm and character, front yard, raised porch, and 2-car tandem driveway parking. New flooring, bathroom upgrades, and W/D hookups. (3) 2bed+1bath units in rear triplex built 1983. (4) storage garages in rear alley – POTENTIAL FOR ADUs $$$! Healthy current income at a 5%+ cap rate on current rents. If you're looking for cash flow, this...Improvements including full exterior painting complete and all new roofs in progress. Irreplaceable 1926 built Spanish-style front 2bed+1bath house with plentiful charm and character, front yard, raised porch, and 2-car tandem driveway parking. New flooring, bathroom upgrades, and W/D hookups. (3) 2bed+1bath units in rear triplex built 1983. (4) storage garages in rear alley – POTENTIAL FOR ADUs $$$! Healthy current income at a 5%+ cap rate on current rents. If you're looking for cash flow, this is the deal to consider. Common area gated courtyard with coin-op laundry. Additional income from laundry, parking, and garage/storage with room to increase. Tenants pay all utilities! 2 off-street parking spaces in rear alley. Front yard is ready for additional parking. Units have vinyl wood-like flooring and SS appliances. Some units have additional storage or a bonus room. Highly desirable, central Normal Heights location near Adams Ave retail with easy access to 805 freeway. Convenient central San Diego location near public transit. 20-miuntes to downtown, Balboa Park, Zoo, beaches, airport, etc. Zoned RS-1-7.
  1. Listed by Max Delbecq • DRE #01964069 • Brokerage DRE #02059064 • Top Gun CRE

Property Details for 4459 32nd Street

View
Courtyard
Parking Spaces Total
6
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
3149
Assessor Parcel Number
447-533-06-00

Location

Listing Courtesy of Top Gun CRE, Max Delbecq, DRE #01964069

Sold By Keller Williams Realty, Jordan Concepcion, DRE #01936834

Add your commute
LISTING UPDATED: 07/17/2023 04:57 AM

Property Details for 4459 32nd Street

StatusClosed
MLS #PTP2302229
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.11 AC / 4,685 SF
CountySan Diego County

Location

Listing Courtesy of Top Gun CRE, Max Delbecq, DRE #01964069

Sold By Keller Williams Realty, Jordan Concepcion, DRE #01936834

Add your commute

Building Information for 4459 32nd Street

Stories2Residences-Year Built1926Building Size-Lot Size0.11 AC / 4,685 SF

Payment Calculator

$9,823 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4459 32nd Street

Rental Info
Rental Info
  • Tenant Pays: Parking Fee
Income / Expense / Tax Details
Income Details
  • Gross Income: $130,560
  • Gross Scheduled Income: $130,560
  • Vacancy Allowance: 3719
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $126,841
  • Net Operating Income: $95,681
  • Gross Multiplier: 13.61
  • Cap Rate: 5.38
Expense Details
  • Operating Expense: $31,160
  • New Taxes Expense: $21,938
  • Insurance Expense: $1,800
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $31,160
Tax / Assessment Info
  • Tax Tract Number: NA
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 447-533-06-00
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Dryer Included, Outside, Washer Hookup, Washer Included, Gas Dryer Hookup
Exterior Features
  • Entry Location: Street/Alley
  • Fence: No
  • View Description: Courtyard
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Landscaped, Lawn, Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby, Paved, Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Gated
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Gated
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,980
  • Unit Type Total Rent: $2,980
  • Unit Type Pro Forma: 3500
  • 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: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,750
  • Unit Type Total Rent: $2,750
  • Unit Type Pro Forma: 3000
  • 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: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,350
  • Unit Type Total Rent: $2,350
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number With Patio: 4

Property History for 4459 32nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 4459 32nd 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 - K to 8
Rating
School
Distance
Adams Elementary School
PublicK to 5

Wilson Middle School
Public6 to 8

Hoover High School
Public9 to 12

San Diego Global Vision Academy
CharterK 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.

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Listing Courtesy of Top Gun CRE, Max Delbecq, DRE #01964069

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