4321 33Rd Street

San Diego, CA 92104

$2,465,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

2022

calendar_month Built

Property Description

4321 33rd Street, San Diego, CA 92104 is a newly built (2022) 5 unit apartment property located in the trendy Normal Heights area of mid-city San Diego with walking distance to Adams Avenue’s bustling restaurant and brewery scene and just a short drive to North Park, University Heights, South Park, Hillcrest & Kensington. The property boasts 80% HUGE 1,000 SF 2BR/2BA units with high end finishes and 14’ ceilings on the 2nd level. The property is extremely efficient with limited landscaping and on-going maintenance. The units boast individual hot water heaters, and electric meters (no gas) and submeters for water. Although the rents are very close to market, there is still additional upside in rents on turnover/lease renewal for each unit. Property is also exempt for California Rent Control AB-1482, due to the newer age of construction. NOTE that the property is 4 legal units with a 5th unit that is nonconforming. Due to recent changes to city density and ADU regulations, a buyer should have a clear path to perfecting the 5th unit. Buyer to Investigate viability of perfecting the 5th unit. Email listing agent for Offering Memorandum

Listing Information

List Price $2,465,000
Status Active
MLS 240027406SD
HOA $0
Type Residential Income
Year Built 2022
Lot Size N/A
Structure Size N/A
DOM 12
Courtesy Of David Santistevan
Listing Agent Corey McHenry DRE#01800485

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Corey McHenry, David Santistevan 619-565-0179. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 3:45 AM 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.