Joe McLaughlin / Broker Associate

My Office Listings

4522-26 32nd St
Metro Uptown San Diego 92116

$1,485,000
2-4 Units 5,790 sq. ft. built: 1927

Main Photo: NORMAL HEIGHTS Property for sale: 4522-26 32nd St in San Diego
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Status:
Active
Prop. Type:
2-4 Units
MLS® Num:
240015889
Year Built:
1927
Proudly presenting an incredible opportunity! This well maintained three-unit property is located in the heart of the vibrant and walkable neighborhood of Normal Heights in San Diego. The property is in great condition and ready to welcome new owners looking for a sound investment in a highly sought-after area. Each unit comes with the convenience of parking, in-unit laundry, air conditioning, and a private outdoor space, providing a perfect blend of comfort and convenience. Whether you're looking to live in one unit and rent out the others, or add a solid asset to your investment portfolio, this property offers endless possibilities. Don't miss out on this rare opportunity to own a piece of Normal Heights and enjoy the bustling energy of this central neighborhood.
Total Floor Area:
5,790 sq. ft.
Lot Size:
4,000-7,499 SF
Lot Size:
5,662.8 sq. ft.
Number of Buildings:
3
Number of Units:
3
Year Built:
1927
Stories:
1 Story
Total Stories:
1
Market Area:
Metro Uptown
Community:
NORMAL HEIGHTS
County:
San Diego
Neighborhood Code:
Normal Heights
Name of Complex/Subdivision:
4522 32nd Street
Home Owner Fees:
0.0
Home Owner Fees Include:
N/K
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Cable TV, Electricity, Gas/Propane
Projected net operating income:
85400
Other income:
0
Projected other income:
400.0
Annual expense actual:
15000
Projected annual expense:
25000
Cap Rate.:
4.8
Projected Cap Rate.:
5.6
Gross Rent Multiplier:
15.48
Projected Gross Rent Multiplier:
13.45
Gross scheduled income:
95940
Projected gross scheduled income:
110400
Unit Number for Unit 1:
4522
Finished Area for Unit 1:
786 sq. ft.
Bedrooms for Unit 1:
2
Number of bathrooms for Unit 1:
2
Full Bathrooms for Unit 1:
2
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
3500.0
Total Rent for Unit 1:
3500.0
Projected Rent for Unit 1:
3500.0
Total Garage Spaces for Unit 1:
0
Garage for Unit 1:
N/K
Parking for Unit 1:
Assigned, Uncovered
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Yes
Unit Number for Unit 2:
4524
Finished Area for Unit 2:
519 sq. ft.
Bedrooms for Unit 2:
2
Number of bathrooms for Unit 2:
1
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
2100.0
Total Rent for Unit 2:
2100.0
Projected Rent for Unit 2:
2500.0
Total Garage Spaces for Unit 2:
1
Garage for Unit 2:
Assigned
Parking for Unit 2:
Uncovered
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
Yes
Unit Number for Unit 3:
4526
Finished Area for Unit 3:
712 sq. ft.
Bedrooms for Unit 3:
2
Number of bathrooms for Unit 3:
2
Full Bathrooms for Unit 3:
2
Half Bathrooms for Unit 3:
0
Deposit for Unit 3:
2395.0
Total Rent for Unit 3:
2395.0
Projected Rent for Unit 3:
3200.0
Total Garage Spaces for Unit 3:
0
Garage for Unit 3:
N/K
Parking for Unit 3:
Assigned, Uncovered
Unit 3 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 3:
Yes
Number of bathrooms for Unit 4:
0
Nestled in the heart of the city, Normal Heights is known for its walkability and central location. The community offers a thriving arts and culture scene, with an array of independent shops, eclectic dining options, and local entertainment venues. The neighborhood is celebrated for its diverse community, welcoming residents from all walks of life. Its central location provides easy access to nearby parks, outdoor recreation, and major freeways, making it convenient for commuters and outdoor enthusiasts alike. With a rich history and a strong sense of community, Normal Heights is a highly sought-after area for those seeking a lively urban lifestyle with a touch of local charm.
Monroe Ave
School District URL:
https://www.sandiegounified.org/
Elementary School:
San Diego Unified School District
Elementary School URL:
https://www.sandiegounified.org/
Middle School:
San Diego Unified School District
Middle School URL:
https://www.sandiegounified.org/
High School:
San Diego Unified School District
Site Influences:
Alley Access, Sidewalks
Lot Details:
118x50
Frontage:
50'
Exterior Features:
Stucco
Directions:
GPS Address.
Cooling:
Central Forced Air
Heating:
Forced Air Unit
Heating fuel:
Natural Gas
Number of Units with Cooling:
3
Number of Units with Dishwashers:
2
Number of Units with Dryers:
3
Number of Units with Fireplaces:
1
Number of Furnished Units:
0
Number of Units with Garages:
1
Number of Units with Patios:
3
Number of Units with Range/Oven:
3
Number of Units with Refrigerators:
3
Number of Units with Washers:
3
Roof:
Composition, Rolled/Hot Mop
Sewer Septic:
Sewer Connected
Telecommunications:
Cable (coaxial)
Water district:
CITY OF SAN DIEGO
Water Heater Type:
Gas
Water supply:
Meter on Property
Security:
N/K
Fencing:
Full, Gate
Topography:
Level
Short Sale:
No
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional, FHA, VA
Pets:
Yes
Jurisdiction:
Incorporated
Parcel Number:
447-513-14-00
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Data was last updated July 13, 2024 at 11:10 PM (UTC)
Area Statistics
Listings on market:
60
Avg list price:
$1,660,000
Min list price:
$629,000
Max list price:
$4,500,000
Avg days on market:
53
Min days on market:
2
Max days on market:
337
Avg price per sq.ft.:
$285.95
These statistics are generated based on the current listing's property type and located in Metro Uptown. Average values are derived using median calculations.
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 Multiple Listing Service, Inc. 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 © 2024 San Diego Multiple Listing Service, Inc.