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3845 41st Street, San Diego, CA 92105

Commercial property

3845 41st Street, San Diego, CA 92105 Sold February 2025 CRMLS
$1,459,500Sold February 2025

Listing Agent: Benn Vogelsang (DRE #01883437) · Listing Office: NorthMarq Multifamily · Contact: 858-675-7865 · Bought with: Andres Torres · LPT Realty,Inc · MLS #240017479SD · Source: CRMLS

10
Units
5.73%
Cap Rate
$100,360
NOI
13,846 sqft
Lot Size
Commercial property
Type

About this commercial property

3845-57 41st Street is a 10-unit apartment community consisting of multiple structures totaling 5,057 square feet built in 1925 on two parcels totaling 13,846 square feet of land. The diverse unit mix consists of one 3 Bedroom / 1 Bathroom, two 2 Bedroom / 1 Bathroom, six 1 Bedroom / 1 Bathroom and one Studio unit as well as four single car garages and surface parking in the rear. DO NOT DISTURB TENANTS OR WALK ON PROPERTY. Like other urban San Diego communities, Cherokee Point and City Heights have a high rate of pedestrian activity, relative to other regions of San Diego County. City Heights and Cherokee Point are some of the most diverse communities in San Diego. Businesses and residential neighborhoods alike reflect this diversity. There have been many redevelopment projects by the city of San Diego in City Heights and Cherokee Point and an improvement of the tenant-base over the last decade.

Listing description from the February 2025 sale, as reported to CRMLS.

Sale history

$1,459,500
Sold February 2025 · listed $1,750,000, orig. $1,930,000, on market July 2024 · MLS #240017479SD · Source: CRMLS
Listing Agent: Benn Vogelsang · Listing Office: NorthMarq Multifamily · Contact: 858-675-7865 · Bought with: Andres Torres · LPT Realty,Inc
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