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4526-32 37th St

4526-32 37th Street, San Diego, CA, USA

Active

$1,950,000

Turn-key Normal Heights 4plex - 2 Units Vacant, ADU Potential

Property Type

Multifamily

Units

4

SqFt

3,200

Price

$1,950,000

Price/Unit

$487,500

Year Built

1940s

Market

San Diego

Price/SF

$609

Cap Rate

4.61%

GRM

15.16

Unit Mix

(4) 2bed/1bath

Property Description

Price Reduced! Please do not walk on property or disturb tenants. Extremely well-maintained 4plex in desirable Normal Heights, 2-blocks South of Adams Ave. ADU potential! Built 1940s, approx. 3,200 SF, (4) 2-bed/1-bath units ~800 SF each. Upper units feature private balconies. Lower units have private patios. Passed SB-721 balcony inspection. Extensively remodeled 1999/2005, including updates to plumbing, electrical, roofing, and interiors. All 4 water heaters recently replaced. 2 current tenants, offering potential for owner-occupant, or additional unit renovations and income. 6,049 SF lot zoned RM-1-1, well-maintained landscaping w/ drip irrigation system. (5) off-street parking off rear alley. Likely room in rear of lot to add 1 or more ADUs. Prime Normal Heights location w/ easy access to local amenities and transportation.

Contact Agent

Maxim Delbecq, MBA

Kenneth Herskind

858.333.7701

858.699.4013

01964069

01872460

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KEN_0377_edit_edited.jpg

Property Details

Property Location

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