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$1,649,000
59 Days Online

4840 42 College Ave
San Diego, CA 92115

For Sale|Multi-Family|Active
Subdivision:
San Diego
Listing Courtesy of Alexio Barbara with South Coast Commercial, Inc.

We offer personal tours of homes & follow COVID-19 guidelines to help keep everyone safe. Please contact Ken Tritle, Realtor®, DreamWell Homes Realty, call/text 760-798-9024 for more information.

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760-798-9024
4840 42 College Ave4840 42 College Ave4840 42 College Ave4840 42 College Ave
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Variance granted 2-4 units. Pleased to present 4840-42 College Avenue, a student rental property just a short walk from the SDSU campus and positioned on a 46,595 sqft canyon lot. The property consists of a renovated 5bed/3bath house renting for $5,050 in front AND a brand new 2020 construction 4bd/2ba ADU in back renting for $4,000. In total the property is rented for $9,050 through the summer of 2022. This is a great opportunity for a 1031 exchange investor looking for a great return around a 5% CAP rate and minimal maintenance. Current management is effective in negotiating high rental lease rates and is willing to stay on if desired. The 1+ Acre canyon lot lends its self to future development opportunities. Unit # for Unit 1: 4840 Unit # for Unit 2: 4842 Number of Furnished Units: 0 Frontage: Canyon

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Listing Snapshot
Price
$1,649,000
Days Online
59 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.07 Acres
Year Built
1946
MLS Number
210021207
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
2 months agoListing first seen online
General Features
Parking Spaces
0
Number of Stories
1
Acreage
1.07
Security
Security Gate
Attached Garage
No
Interior Features
Cooling
Central Air
Heating
Natural GasRadiant
Fireplace
No
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Exterior Features
Roof
Composition
Spa
Yes
Waterfront Property
No
Community Features
Association Dues
0
MLS Area
92115 - San Diego
Security Features
Security Gate


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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Thanks for visiting DreamWell Homes! Call or Text Message Jean & Ken Tritle, Realtor® at 760-798-9024.

We are delighted to help you… Need more information?

Please contact Jean and Ken Tritle, DreamWell Homes, Real Estate Broker DRE#01777754 | Realtor® DRE# 01892793.

Mailing Address: 1902 Wright Place 2nd Floor, Carlsbad, CA 92008

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