4114 39th St, Unit 20 San Diego, CA 92105-1312
Property profile & analytics
4114 39th St, Unit 20 San Diego, CA 92105-1312
- Apartment buildings
- 2,832 SF
- 0.16 lot acres
Property ID
US09-7220786
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 4114 39th St
- Year built
- 1941
- Lot size
- 0.16 lot acres
- Property size
- 2,832 SF
- Zone code
- R-3:RESTRICTED MULTIPLE
- Property type
- Apartment buildings
- APN
- 447-352-21-00
- APU
- 4473522100
Description
Exceptional investment opportunity: a fully renovated, 5-unit apartment complex in San Diego's desirable Cherokee Point neighborhood (92105). This stabilized property boasts a 100% occupancy rate with 12-month leases, generating a substantial annual net operating income (NOI) of $127,980. The property comprises three charming 2-bedroom, 1-bathroom detached cottages and a 2-story duplex with two 1-bedroom, 1-bathroom units. Each unit features modern upgrades including new kitchens, appliances, flooring, and AC/heat systems. The complex includes four single-car garages, potentially convertible into additional units (a feasibility study is available). Outdoor amenities include landscaped grounds, a dog run, and a secure gated entry. Located less than a block from a park and school, this property offers significant upside potential. The 7,000 sq ft lot is zoned RM 2-5, allowing for the potential addition of up to 16 more units (per feasibility study). The property features a total of 3,200 square feet, with a current asking price of $2,199,000 ($687.19/sq ft and $439,800/unit). Built in 1941 and fully renovated in 2024, this property presents a rare blend of historic charm and modern convenience. The property's strong cash flow, combined with its development potential, makes it an ideal investment for discerning buyers. All units are currently leased, ensuring immediate return on investment.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.111
- Latitude
- 32.7518
- 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
$16,625
$1,000,000
$350,000
$1,350,000
-
$0.00
$0.00
$0.00
