4337-4339 38th St - Apartments FOR SALE


San Diego, CA 92105- Normal Heights
$3,395,000 USD
339-222-3361
4337-4339 38th St, San Diego, CA for Sale
$3,395,000 USD
Apartments - FOR SALE
1/33
null | 4.02% Cap Rate

4337-4339 38th St
San Diego, CA 92105
Normal Heights


HIGHLIGHTS

  • Impeccable property with more garage parking than units
  • Rare 1992 original construction
  • In unit washer/dryers + fire places
  • Very walkable area in core San Diego

OVERVIEW

4337-39 38th St is a rare absolute trophy property. It is a Condo-Grade 1992 built and fully rehabbed asset. The property features (6) 2 Bedroom / 2 Bath units, (1) double deep garage that accommodates 2 vehicles (5) single car garages plus (6) additional off-street parking spaces. The condo grade amenities include in-unit washers and dryers, A/C, fireplaces, dishwashers, and select units that have vaulted ceilings, private balconies, and walk-out patio areas. Recent rehab of the property includes but is not limited to new kitchens, new bathrooms, quartz countertops, and fireplace surrounds, new vinyl plank flooring, a new roof, new exterior paint, new exterior and interior lighting fixtures, new modern switches, plug and wall fixtures, video surveillance system, and new automatic garages doors. This unique trophy property sits in "the wine glass" location of San Diego, a desirable and highly walkable location in the city.

FOR SALE DETAILS

PRICE

$3,395,000 USD

PRICE/SF

$705 USD /SF

# OF UNITS

6

PRICE/UNIT

$565,833

CAP RATE

4.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

38th Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1992

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

CUPD-CT-2-4

APN/PARCEL ID

447-201-12

ASK ABOUT THIS PROPERTY

Brendan FlynnSouth Coast Commercial, Inc.More Info
339-222-3361

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Brendan FlynnSouth Coast Commercial, Inc.More Info
339-222-3361

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.