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Sold for $1,535,000
  • $1,535,000

    4458-62 40th St, San Diego, CA 92116

    7beds
    --sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $1,547,000 Zestimate®
    $--/sqft
    $2,964 Estimated rent

    Home value

    $1,547,000

    $1.42M - $1.69M

    $2,964/mo

    Zestimate® history
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    What's special

    Exclusive 4-Plex in the heart of Normal Heights just two blocks from El Cajon Blvd and located on a dead-end street. Front of property consists of detached SFR with 3BR/2BA and a wide/long driveway. The rear of property contains 3 additional units - first floor with a 1BR/1BA, second floor with an over-sized and renovated 1BR/1BA, and a cozy 2BR/1BA also on the second floor. 3 conveniently located single car garages - 2 of the single car garages has access from the rear of the property. Fantastic opportunity for investor in prime location of Normal Heights. Tenants have been occupying for many years - opportunity to maximize rents and stabilize to market rental rates. Detached SFR has a beautiful entry way/sitting area leading to an open floorplan. Living room seamlessly flows to a large dining room with close access to the open and oversized kitchen. Three large bedrooms and two bathrooms in the SFR - multiple ways of access to the property from the exterior - central A/C and heating in the SFR. The first 1 BR/1BA has an open floor plan with entry to the living area, BR/BA in the rear, and lovely kitchen and dining area to the adjacent right. Second floor 1BR/1BA is similar but renovated with additional space making it even more desirable. 2BR/1BA gives both bedrooms privacy with each located on opposite sides of the unit and in between with open living spaces. All kitchens enjoy windows with tons of natural light - some units have pocket doors throughout. Three single car garages and is not designated to one single unit - flexibility to

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew J Tseng DRE #02002834 858-210-5262,

    Coldwell Banker Realty,

    Chris Tseng DRE #01957071 858-886-9616,

    Coldwell Banker Realty

    Bought with:

    Christina M Labowicz, DRE #02055851

    Pellego, Inc.

    Source: SDMLS,MLS#: 250021189MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 5
    Cooling
    • Central Forced Air, Wall/Window
    Interior area
    • Total structure area: 3,180

    Property

    Features
    • Levels: 2 Story
    • Fencing: Other/Remarks
    Lot
    • Size: 6,098 Square Feet
    Details
    • Parcel number: 4471322600

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood/Stucco
    • Roof: Composition
    Condition
    • Year built: 1926

    Community & HOA

    Community
    • Security: N/K
    • Subdivision: NORMAL HEIGHTS
    Location
    • Region: San Diego

    Financial & listing details

    • Tax assessed value: $338,378
    • Annual tax amount: $4,807
    • Date on market: 3/11/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: Trash, Water, Electricity, Gas/Propane, Other/Remarks

    Price history

    DateEventPrice
    6/3/2025Sold$1,535,000+9.6%
    Source: SDMLS #250021189 Report a problem
    3/19/2025Pending sale$1,400,000
    Source: SDMLS #250021189 Report a problem
    3/12/2025Listed for sale$1,400,000
    Source: SDMLS #250021189 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,807 +16.7%$338,378 +2%
    2024$4,121 +2.3%$331,744 +2%
    2023$4,028 +2.7%$325,241 +2%
    2022$3,921 +0.7%$318,865 +2%
    2021$3,894 +1.2%$312,614 +1%
    2020$3,847 +3%$309,409 +2%
    2019$3,737 +5.7%$303,343 +2%
    2018$3,535 +2.5%$297,396 +2%
    2017$3,450 +1.7%$291,566 +2%
    2016$3,392 +1.5%$285,850 +1.5%
    2015$3,342 +1.5%$281,557 +2%
    2014$3,291 $276,043 +0.5%
    2013-- $274,796 +2%
    2012-- $269,409 +2%
    2011-- $264,127 +0.8%
    2010-- $262,154 -0.2%
    2009-- $262,778 +2%
    2008-- $257,627 +2%
    2007-- $252,577 +2%
    2006-- $247,625 +2%
    2005-- $242,771 +2%
    2004-- $238,012 +1.9%
    2003-- $233,651 +2%
    2002-- $229,071 +6.4%
    2001-- $215,365
    Find assessor info on the county website

    Neighborhood: Normal Heights

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $1,547,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,547,000