3830 41St St

San Diego, CA 92105

$880,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1923

calendar_month Built

Property Description

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.

Listing Information

List Price $880,000
Status Active
MLS NDP2404310
HOA $0
Type Residential Income
Year Built 1923
Lot Size 5,506
Structure Size N/A
DOM 124
Courtesy Of Douglas Elliman of California
Listing Agent Sez Sezer DRE#01988197

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Sez Sezer, Douglas Elliman of California . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 4th, 2024 at 7:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.