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3833-39 42Nd St

San Diego, CA 92105
  • $1,599,999
  • STATUS: ACTIVE
  • ON SITE: 51 Days
  • ID#: 240027581
UPDATED: 58 min ago
$1,599,999
  • 7
    BEDS
  • 0.17
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

**Exceptional Multi-Family Investment Opportunity!** Don’t miss this rare chance to own a versatile multi-family property with **over $11,000 in potential monthly rental income**. Situated on a spacious 7,280 sq ft lot, this property includes two income-producing buildings. The front building features a 2-story main house with 4 bedrooms and 2 bathrooms, offering the flexibility for owner-occupancy or high-value rental income. Two additional studio spaces, each with private bathrooms and separate entrances, add even more earning potential. The rear building consists of four apartments: three 1-bedroom, 1-bath units and one unpermitted 2-bedroom, 1-bath unit. Located in a desirable area with easy access to local amenities and major San Diego attractions, this property offers tremendous upside for savvy investors looking to grow their portfolio.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/158343307
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3833-39 42Nd St San Diego, CA 92105

  • Price: $1,599,999
  • Status: ACTIVE
  • On Site: 51 Days
  • Updated: 58 min ago
  • ID#: 240027581
7
Beds
5
Baths
0
½ Baths
0.17
Acres
1950
Built
Neighborhood:
San Diego
County:
San Diego
Area:
East San Diego (92105)
Property Description
**Exceptional Multi-Family Investment Opportunity!** Don’t miss this rare chance to own a versatile multi-family property with **over $11,000 in potential monthly rental income**. Situated on a spacious 7,280 sq ft lot, this property includes two income-producing buildings. The front building features a 2-story main house with 4 bedrooms and 2 bathrooms, offering the flexibility for owner-occupancy or high-value rental income. Two additional studio spaces, each with private bathrooms and separate entrances, add even more earning potential. The rear building consists of four apartments: three 1-bedroom, 1-bath units and one unpermitted 2-bedroom, 1-bath unit. Located in a desirable area with easy access to local amenities and major San Diego attractions, this property offers tremendous upside for savvy investors looking to grow their portfolio.
Exterior Features

Exterior Stucco Fencing N/K Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 0 Parking Garage Spaces Unit4 0 Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 0

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Unit4 Laundry Hook Ups No Units With Cooling 3 Units With Dishwashers 4 Units With Dryers 4 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0

Property Features

Actual Cap Rate 4.25 Age Restrictions N/K Annual Expense Actual 26000 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community CITY HEIGHTS Complex Park N/A Cross Streets Wightman St Gross Rent Multiplier Actual 17.0 Gross Scheduled Income Actual 94200 Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Other/Remarks Terms CashConventional Unit Number For Unit1 3339 Unit Number For Unit2 3335 Unit Number For Unit3 3837 Unit Number4 3838 Unit1 Deposit 2250 Unit1 Occupied Owner Unit1 Rent Actual 2250.0 Unit2 Deposit 4200 Unit2 Occupied Owner Unit2 Rent Actual 5600.0 Unit3 Deposit 0 Unit3 Occupied Owner Unit3 Rent Actual 0.0 Unit4 Deposit 0 Unit4 Occupied Owner Unit4 Rent Actual 0.0

San Diego MLS logo Listing provided courtesy of Daniela Taylor of eXp Realty of California, Inc.: 619-251-7152. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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