Sold for $1,240,000

Listed by: Michael P. Lynch, Broker • Mike Lynch • Contact: 858-775-2450

Bought with: Coldwell Banker West

$1,240,000

2041-2047 S 42nd St, San Diego, CA 92113

8beds

4baths

3,068sqft

Quadruplex

Built in 1958

-- sqft lot

$1,222,400 Zestimate^®

$404/sqft

$2,410 Estimated rent

Home value

$1,222,400

$1.12M - $1.34M

$2,410/mo

Zestimate^® history

Owner options

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$2,410/mo

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$2,410/mo

Rent Zestimate^®

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$8,076/mo

Est. payment

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$8,076/mo

Est. payment

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What's special

New roofNew abs drain plumbingNewer asphalt parking lotNewer kitchens

Xlnt turnkey 4 unit property. On site coin laundry with 2 washers and 2 dryers. Building is in great shape. New roof 2023. Newer asphalt parking lot with 4 assigned spaces. All 2 bed 1 bath units with lots of space. All new ABS drain plumbing in walls and floors out to sewer. Newer kitchens and baths. All the work is done. Long term tenants in place. Full rent paid all through COVID. Section 8 for all 4 units. Leases all up Sept 1, 2023. Easy maintenance. Tenants pay all utilities but water. Listing broker has seller interest in the property. Do not approach or talk to the tenants.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Appliances

Laundry: Common Area

Features

Has fireplace: No
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 3,068
Total interior livable area: 3,068 sqft

Property

Parking

Total spaces: 4
Uncovered spaces: 4

Features

Entry location: front
Pool features: None

Lot

Size: 3,804 Square Feet
Features: 0-1 Unit/Acre, Level

Details

Parcel number: 5515630300
Zoning: RM
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes

Condition

Year built: 1958

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Suburban

Location

Region: San Diego

Financial & listing details

Price per square foot: $404/sqft
Date on market: 12/21/2022
Listing terms: Cash,Conventional,1031 Exchange,FHA
Total actual rent: 6600

Price history

Date	Event	Price
10/23/2023	Sold	$1,240,000-4.6%$404/sqft
Source: CRMLS #NDP2211945 Report a problem
9/18/2023	Pending sale	$1,300,000$424/sqft
Source: CRMLS #NDP2211945 Report a problem
8/29/2023	Listed for sale	$1,300,000$424/sqft
Source: CRMLS #NDP2211945 Report a problem