3570 43Rd St San Diego, CA 92105
Property profile & analytics
3570 43Rd St San Diego, CA 92105
- Apartment buildings
- 5,932 SF
- 0.16 lot acres
Property ID
US09-8588356
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 3570 43Rd St
- Year built
- 1964
- Lot size
- 0.16 lot acres
- Property size
- 5,932 SF
- Zone code
- R-4:MULTIPLE RESIDENTIAL
- Property type
- Apartment buildings
- APN
- 476-021-31-00
- APU
- 4760213100
Description
This exceptional 8-unit apartment building in San Diego, CA (3570 43rd St, 92105) presents a compelling investment opportunity. Boasting a 100% occupancy rate and recently completed renovations (2022), this stabilized property offers immediate cash flow. The 6,185 square foot building features a desirable unit mix of seven 2-bedroom/1-bathroom units and one 3-bedroom/2-bathroom unit, all with efficient floor plans. Recent upgrades include a new roof, new flooring, updated vanities and appliances, dual-pane windows, and a gated security system. Additional amenities include on-site laundry and off-street parking. The property's strong financial performance is reflected in its current NOI of $162,347 and a pro-forma NOI of $168,470, yielding a 4.80% cap rate and a pro-forma cap rate of 5.00%. The asking price is $3,399,000, or $424,875 per unit. This meticulously maintained complex provides low maintenance and high-end finishes, attracting modern tenants and ensuring long-term value. Its convenient location offers easy access to schools and freeways, further enhancing its appeal. The property is situated in San Diego County and has an APN of 476-021-31-00. This is a turnkey investment ready for a new owner to enjoy immediate returns.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,765,000
- ML approach
- $1,725,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,850,000
- 6.5%
- $1,710,000
- 7%
- $1,585,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,034,000
Market price range: $590k - $2.03M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $1,415,000 Current use
- RETAIL STORES
- $2,755,000 Change: +94% Conversion: Difficult
- OFFICE BUILDING
- $2,505,000 Change: +77% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $2,385,000 Change: +68% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.102
- Latitude
- 32.7435
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$29,828
$1,560,600
$863,532
$2,424,132
-
$0.00
$0.00
$0.00
