$1,525,000
$1,595,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/30/2023
Key Details
Sold Price $1,525,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Talmadge
MLS Listing ID 230019224SD
Sold Date 11/30/23
HOA Y/N No
Year Built 1950
Property 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 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.
Location
State CA
County San Diego
Area 92115 - San Diego
Building/Complex Name Talmadge
Interior
Cooling None
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4710321400
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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Bought with Florian Sighe • The Browar Group
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Broker Associate | Lic# 01905244