4232 Sharron Pl Active

San Diego,CA 92115

$ 1249000

5 Beds

4 Baths

952 SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 952 sqft

Price per Sqft $1,311

Subdivision San Diego

MLS Listing ID 250017488

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1952

Property Sub-Type Res Income 2-4 Units

Property Description

4 Unit Development Opportunity! 7 Units Total... 4232 Sharron Pl is a rare investment opportunity in the heart of San Diego. This property sits on a generous 7,700-square-foot lot and offers three existing income-producing units that were newly renovated. This property also comes with approved permits to build four additional 2-bedroom, 2-bathroom units at 717sf. This property is a perfect fit for developers, investors, or owner-occupants seeking value-add opportunities in a high-demand market. The existing units have all been recently renovated which includes a new roof, all new modern appliances, luxury vinyl tile flooring, new countertops, bathroom fixtures, windows and landscaping. The main house is 3B/2B at 955sf and offers an open floor plan with spacious bathrooms. The other two units are identical studios (not permitted) at 285sf that are fully equipped with an electric stove top, full size shower, and in unit laundry. Draft plans for submission to the city to permit the studios come with the purchase. In total the units collect $6600/month. The location of this property is central to San Diego and is only 15 min to downtown. The property is also conveniently located right next to Crawford Highschool and Mann Middle School.
Use the following link to access all affiliated documents such as the after completion appraisal value, building plans, photo/video, and full proforma. https://drive.google.com/drive/folders/1Dg6Uv6nrazRfMHr2-dpFmHAlpSTex0pu?usp=drive_link

Location

State CA

County San Diego

Community San Diego

Area San Diego (92115)

Interior

Heating Electric,Natural Gas

Exterior

Exterior Feature Stucco

Fence Cross Fencing

Roof Type Composition

Building

Story 1

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Acceptable Financing Assumable,Cash,Conventional

Space Rent $3,600

Listing Terms Assumable,Cash,Conventional

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