4903 Naples Street

San Diego, CA 92110

$3,238,000
Price
4
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Unique chance to own a multifamily asset nestled in the thriving Bay Park community. This property boasts a well-appointed 3BR/2BA single-family residence along with eight 1BR/1BA units, providing an attractive rental mix. Positioned for substantial rental income growth, its strategic location near Mission Bay, the University of San Diego, a plethora of shops and restaurants, downtown attractions, the new Tecolote Trolley Station, and historic Old Town ensures a steady demand from tenants. The property...Unique chance to own a multifamily asset nestled in the thriving Bay Park community. This property boasts a well-appointed 3BR/2BA single-family residence along with eight 1BR/1BA units, providing an attractive rental mix. Positioned for substantial rental income growth, its strategic location near Mission Bay, the University of San Diego, a plethora of shops and restaurants, downtown attractions, the new Tecolote Trolley Station, and historic Old Town ensures a steady demand from tenants. The property is situated steps away from the proposed Morena Corridor Project, setting the stage for anticipated growth and development. Seize this rare opportunity to invest in a property that combines immediate rental potential with a promising future in one of San Diego's most sought-after neighborhoods.
  1. Listed by Seth R Watje • DRE #01805453 • Brokerage DRE #02172966 • Starker West, Inc.
  2. Listed by Adam Cairo • DRE #01948040 • Brokerage DRE #02172966 • Starker West, Inc.

Property Details for 4903 Naples Street

City Postal ID
OLD TOWN SD (92110)

Location

Listing Courtesy of Starker West, Inc., Seth R Watje, DRE #01805453; Starker West, Inc., Adam Cairo, DRE #01948040
Add your commute
LISTING UPDATED: 02/05/2024 03:52 PM

Property Details for 4903 Naples Street

StatusActive
MLS #240000613
Days on Market110
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income / Apartment
Year Built-
Lot Size0.15 AC / 6,407 SF
CountySan Diego County

Location

Listing Courtesy of Starker West, Inc., Seth R Watje, DRE #01805453; Starker West, Inc., Adam Cairo, DRE #01948040
Add your commute

Building Information for 4903 Naples Street

Stories-Residences-Year Built-Building Size-Lot Size0.15 AC / 6,407 SF

Payment Calculator

$17,789 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,671

Property Taxes

$118

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4903 Naples Street

Summary Information
Property and Location
  • System ID: 240000613
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 4903
  • Street Name: Naples St.
  • Market Area: Metro
Interior and Exterior Features
Exterior Features
  • Exterior: Part Fenced, Wood Fence
  • Roof: Composition
Property Information
Property and Assessments
  • Entry Only: Yes
  • Assessors Parcel Num: 4361911500
Multi Family Information
Unit 1
  • Unit Rent: 2006
  • Unit Rent Total: $2,006
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Number of Bathrooms: 2
Unit 2
  • Unit Rent: 1155
  • Unit Rent Total: $9,240
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Number of Bathrooms: 1
Building Details
  • Unit Type: Apartment
  • Age: 1960
  • Construction: Frame, Stucco
  • Have: 9 Bay Park Units
  • Motive/Want: Cash Out
  • SqFt of Improvement: 5,165
  • Tenant Pays Electric: y
  • Tenant Pays Gas: n
  • Tenant Pays Water: n

Property History for 4903 Naples 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 4903 Naples Street

Taxable ValueLand$25,949Additions$84,803Total$110,752
Tax Record2023$1,414 ($118 / month)
Home Facts
Lot Size6,407 SqFtStyleMulti-Family Res (5+ Units)ZoningR-4:MULTIPLECountySAN DIEGOAPN436-191-15-00

Schools near 4903 Naples 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
Public - K to 8
Rating
School
Distance
Bay Park Elementary School
PublicK to 5

Marston Middle School
Public6 to 8

Clairemont High School
Public9 to 12

Longfellow K-8
PublicK 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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4903 Naples Street is a multi-family home for sale in San Diego, CA 92110. This property was listed for sale on January 8, 2024 by Starker West, Inc., it's currently listed at $3,238,000. This listing's school district is San Diego Unified School District. Nearby schools include Bay Park Elementary School, Marston Middle School and Clairemont High School. 4903 Naples Street is a 4-bed, 3-bath, multi-family home.

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Listing Courtesy of Starker West, Inc., Seth R Watje, DRE #01805453; Starker West, Inc., Adam Cairo, DRE #01948040

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