4401 College Ave
San Diego, CA 92115
- – beds
- – baths
- – sqft
- 1954 build
- – on site
For Sale: Fully renovated 4-unit apartment property. All units are comfortable 2 bed, 1 bath floor plans, featuring updated kitchens & baths, in-unit laundry, dishwashers, large common area/courtyard space, private storage closets and parking for 2 cars per unit. The property is located in close proximity to San Diego State University and approximately 1 mile to College Square. Total in place rents are $8,745 per month, average rent per unit of $2,186 per month. Proven market rents of $2,470 would allow for ~$300 in additional rental income for 3 units below market, with potential for additional utility reimbursement income. Unit 4405 is now vacant and being renovated by the Owner. This unit will be delivered 'turn-key' with projected rent of $2,500. Property is currently operated as traditional rental. However, student housing and short-term rental would be additional operating options. In-unit amenities include stacked washer/dryer, ceiling fans in each bedroom, stainless steel appliances, luxury vinyl plank flooring, wall AC & wall heater, private back patio for lower-level units, reserved tandem parking, and private storage. Community features include gated entrance, garden area, close proximity to SDSU, grocery store, and college area amenities. Property is professionally managed. Please contact Agent for further information and financials. Drive-by only, do not disturb tenants.
Last checked:
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Last updated Nov 12, 2024
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MLS# 240020486SD —
The Building
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Year Built:1954
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Roof:Composition
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Number With Patio:2
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# of Buildings:1
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Total Number Of Units:4
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:Interstate 8 to College Avenue CrossStreet: College Ave, Adelaide Ave
The Property
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Property Type:Residential Income
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:4730410400
Heating & Cooling
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Heating:1
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
The Community
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Subdivision:San Diego
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Subdivision:San Diego
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Senior Community:No
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Neighborhood:SDSU
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Park Name:Apartment
Extra Units
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Number With Dishwasher:4
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Number With Refrigerator:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/31/24
Oct 31, 2024
|
Pending | CRMLS_CA | $1,595,000 | |
|
9/30/24
Sep 30, 2024
|
Relisted | CRMLS_CA | $1,595,000 | |
|
9/12/24
Sep 12, 2024
|
Pending | CRMLS_CA | $1,595,000 |
