4473-4479 Idaho St

San Diego, CA 92116 View Map $1,795,000 Schedule a Tour
Beds6
Baths4
Sq.Ft.7,007
Year1942
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Status: Pending
Property Type:Res Income 2-4 Units
MLS #:240009900
Sq. Feet:7,007
On Site:46 Days
Lot Size:0.16 Acres
County:San Diego

Listing Agent/Office

Agent:Ken Pecus
Agent Phone:619-675-0123
Office:Exp Realty Of California, Inc
This is it! You know everyone's looking for this, and it's SO hard to find TRUE (and Legal) 4-Plexes priced at and based on their ACTUAL financials. Don't miss out because this property checks all of the boxes for so many different investors. Located in the highly desirable University Heights sub-market, opportunities like this don't come up often. Property has excellent long term tenant history. The property is laid out smartly for an owner user to occupy the front home and take in excellent rental income to offset a mortgage with the rear triplex. Spanish architecture offers a touch of emotional appeal, which blends brilliantly into the surrounding neighborhood. Property is located within a couple short blocks of two major transportation corridors amplifying the tenant attraction. Add to that an endless number of walkable shops, cafes, restaurants and miscellaneous services such as gyms, auto shops, fast food, and churches and you have the ideal rental. Excellent for 1st time investor, or just add another fantastic asset to your portfolio. See supplement...

Attention Developers! This is an ideal pick up for current or future apartment building. With both alley and street access, it definitely makes construction easier. The 7000sf lot sits in the Complete Communities zoning overlay. Excellent current zoning of RM2-5 offers extremely advantageous options to limit the income restricted units to 2 or possibly 3 at the most. With a 6.5 FAR, the sky's the limit. ***All information is provided for convenience only and not intended to be relied upon. All buyers must confirm all zoning and regulations for themselves prior to removal of all contingencies.***

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:4473-4479 Idaho St, San Diego, CA 92116
Area:Normal Heights (92116)
County:San Diego
City:San Diego
Area (MLS Code):Metro Uptown
Subdivision:Normal Heights
Zip Code:92116
Community:UNIVERSITY HEIGHTS

School Information

High School:San Diego Unified School District
Middle School:San Diego Unified School District
Elementary School:San Diego Unified School District

Architecture

Bedrooms: 6
Bathrooms: 4
Year Built:1942
Stories:1
Exterior: Stucco, Wood/Stucco
Total Stories: 1
Unit 1: 1 bed, 1 bath. Rent: $1925.0
Unit 2: 1 bed, 1 bath. Rent: $1925.0
Unit 3: 1 bed, 1 bath. Rent: $2000.0
Unit 4: 3 beds, 1 bath. Rent: $4095.0
Roof: Composition

Features / Amenities

Pets Allowed: Allowed w/Restrictions
Cooling: Central Forced Air
Heating: Forced Air Unit, Wall/Gravity
Heat Source: Natural Gas
Water Heater: Gas

Rooms

Dimensions
Master
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Breakfast Area
Dining Room
Kitchen
Living Room
Family Room
Extra Room 1
Extra Room 2
Extra Room 3

Property Features

Lot Size: 0.16 Acres
Lot Dimensions:4,000-7,499 SF
Site: Alley Access, Curbs, Public Street, Sidewalks, Street Paved
Topography: Level
Water: Meter on Property
Sewer: Sewer Connected
Fencing: Partial
Zoning:R-3: RM
Directions:From Madison Ave go South on Idaho St. Property is on East side.

Tax and Financial Info

Gross Sched Income Actual: $119, 340
Gross Sched Income Projected: $125, 340
Annual Expense Actual: $27, 919
Annual Expense Projected: $35, 841
Cap Rate Actual: $4.50
Cap Rate Projected: $4.49
Tenant Pays: Water, Cable TV, Electricity, Gas/Propane
Terms: Cash, Conventional, FHA, VA

Schools

WALKING AND TRANSPORTATION

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4473-4479 Idaho St San Diego,  CA 92116
GO SEE THIS LISTING
4473-4479 Idaho St San Diego, CA 92116
 
ASAP
Fri
21
Jun
Sat
22
Jun
Sun
23
Jun
Mon
24
Jun
Tue
25
Jun
Wed
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Jun
Thu
27
Jun
Choose Your Date -- It's Free, Cancel Anytime
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