4458-62 40th St new Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92116
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 481 sqft
Price per Sqft $2,910
Subdivision Normal Heights
MLS Listing ID 250021189
Bedrooms 7
Full Baths 5
HOA Y/N No
Year Built 1926
Lot Size 6,248 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exclusive 4-Plex in the heart of Normal Heights just two blocks from El Cajon Blvd and located on a dead-end street. Front of property consists of detached SFR with 3BR/2BA and a wide/long driveway. The rear of property contains 3 additional units - first floor with a 1BR/1BA, second floor with an over-sized and renovated 1BR/1BA, and a cozy 2BR/1BA also on the second floor. 3 conveniently located single car garages - 2 of the single car garages has access from the rear of the property. Fantastic opportunity for investor in prime location of Normal Heights. Tenants have been occupying for many years - opportunity to maximize rents and stabilize to market rental rates. Detached SFR has a beautiful entry way/sitting area leading to an open floorplan. Living room seamlessly flows to a large dining room with close access to the open and oversized kitchen. Three large bedrooms and two bathrooms in the SFR - multiple ways of access to the property from the exterior - central A/C and heating in the SFR. The first 1 BR/1BA has an open floor plan with entry to the living area, BR/BA in the rear, and lovely kitchen and dining area to the adjacent right. Second floor 1BR/1BA is similar but renovated with additional space making it even more desirable. 2BR/1BA gives both bedrooms privacy with each located on opposite sides of the unit and in between with open living spaces. All kitchens enjoy windows with tons of natural light - some units have pocket doors throughout. Three single car garages and is not designated to one single unit - flexibility to
assign parking to a unit and therefore increase rents. Abundant driveway parking. Community laundry with a washer and a dryer room. Beautiful courtyard with an overgrown Avocado tree! This is a must see!
Location
State CA
County San Diego
Community Normal Heights
Area Normal Heights (92116)
Building/Complex Name Normal Heights
Interior
Cooling Central Forced Air,Wall/Window
Exterior
Exterior Feature Wood/Stucco
Fence Other/Remarks
Roof Type Composition
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash,Conventional
Space Rent $1,205
Listing Terms Cash,Conventional