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4178 40th Street, San Diego, CA 92105

Commercial property

4178 40th Street, San Diego, CA 92105 Sold April 2025 CRMLS
$1,725,000Sold April 2025

Listing Agent: Karen Domnitz (DRE #00897503) · Listing Office: Century 21 Affiliated · Contact: Karensdwellings@gmail.com · Bought with: Out of Area Agent · Out of Area Office · MLS #PTP2406252 · Source: CRMLS

5,032
Building Sq Ft
5
Units
4.28%
Cap Rate
$98,280
NOI
1990
Year Built
R3
Zoning
Commercial property
Type

About this commercial property

5 unit well maintained and fully occupied investment property located in the Teralta Heights subdivision and the up and coming Corridor area of San Diego. New El Cajon Boulevard Transit Plaza allows easy access to all San Diego has to offer. Teralta Neighborhood Park is located across the quiet street. Alley offers access to 3 connected garages and additional parking, with parking available on site in the front as well. Brand new Central Elementary School, Clinic and remodeled Wilson Middle School make this an excellent choice for families. This two storied 5 unit complex was built in 1990 in an area where most were built in the 1970's. Two units are 3 bed/ 2 bath in townhouse upstairs/downstairs style and three 2 bed/ 2 bath units, all 100% rented.

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

Sale history

$1,725,000
Sold April 2025 · listed $1,859,995, orig. $2,295,000, on market October 2024 · MLS #PTP2406252 · Source: CRMLS
Listing Agent: Karen Domnitz · Listing Office: Century 21 Affiliated · Contact: Karensdwellings@gmail.com · Bought with: Out of Area Agent · Out of Area Office
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