3830 41st St
San Diego, CA 92105
- – beds
- – baths
- – sqft
- 5,506 sqft lot
- 1923 build
- – on site
Prime "Fixer Upper" Property in City Heights. All four units are vacant, There are city code violations. Showings on Monday May 20th between 2-4 pm. No Blind offers will be accepted. 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 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. 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.
Listed By CRMLS_CA / Sez Sezer / Douglas Elliman of California
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Last updated May 18, 2024
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MLS# NDP2404310 —
This property is listed in more than one place. See it here.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/17/24
May 17, 2024
|
Listed / Active | CRMLS_CA | $880,000 | |
3/17/24
Mar 17, 2024
|
Listed / Active | BRIDGE | ||
3/16/24
Mar 16, 2024
|
Listed / Active | CRMLS_CA |