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Mike Chiesl

hello@chieslmarelly.com +1(858) 777-9816

$ 899,000

Est. payment -/mo

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Pending

3347-49 N 43rd St San Diego, CA 92105

4 Beds

2 Baths

864 SqFt

UPDATED:

10/25/2024 12:29 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 864 sqft

Price per Sqft $1,040

Subdivision City Heights

MLS Listing ID 240023686

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1958

Lot Size 4,342 Sqft

Lot Dimensions 36X122

Property Description

Attention real estate investors! This turnkey duplex in rapidly redeveloping City Heights presents a prime opportunity for value-add and long-term growth. Both units are rented on month-to-month leases, with current rents significantly below market, offering immediate upside potential. The property features a single building with upper and lower 2 BD/1 BA units, each 864 SF, that have been fully renovated. Highlights include modern kitchens with quartz countertops, stainless steel appliances, white shaker cabinetry, washer/dryer hookups, and luxury vinyl plank flooring in the kitchen, dining, and expansive living areas. Recent updates also include interior paint, dual-pane windows, and remodeled baths with updated vanities and fixtures. (See supplement for more!)
Infrastructure improvements, such as a new concrete parking slab, newer gas lines, a replaced water line in the upper unit, and roof maintenance, ensure low future maintenance costs. The lower unit enjoys a private rear yard with pavers, while both units share a fully fenced, spacious front yard—ideal for pets or children. Alley access, 2 off-street assigned parking spaces, and a massive front yard offer potential for expansion, possibly for an ADU (verify via CUPD-CU-3-6). Whether you are looking to capitalize on the upside potential by increasing rents, develop further, or live in one unit and rent out the other, this duplex offers a flexible and lucrative investment opportunity in a growing market!

Location

State CA

County San Diego

Community City Heights

Area East San Diego (92105)

Building/Complex Name City Heights Duplex

Zoning R4-Multipl

Interior

Heating Natural Gas

Appliance Wall/Gravity

Exterior

Exterior Feature Stucco

Fence Full

Roof Type Other/Remarks,Rolled/Hot Mop

Building

Lot Description Alley Access, Public Street, Sidewalks, Street Paved

Story 2

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Water Meter on Property

Level or Stories 2 Story

Schools

Elementary Schools San Diego Unified School District

Middle Schools San Diego Unified School District

High Schools San Diego Unified School District

Others

Acceptable Financing Cash, Conventional

Space Rent $1,791

Listing Terms Cash, Conventional

Pets Description Allowed w/Restrictions

Listed by Darin Triolo • Keller Williams Realty

Mike Chiesl

Broker | License ID: 01783300

+1(858) 777-9816

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