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4357 39th Street, San Diego, CA 92105

Commercial property

4357 39th Street, San Diego, CA 92105 Sold February 2025 CRMLS
$1,650,000Sold February 2025

Listing Agent: Benn Vogelsang (DRE #01883437) · Listing Office: NorthMarq Multifamily · Contact: 858-675-7865 · Bought with: OUT OF AREA · OUT OF AREA · MLS #240017483SD · Source: CRMLS

9
Units
5.19%
Cap Rate
$87,196
NOI
12,666 sqft
Lot Size
Commercial property
Type

About this commercial property

4357-63 39th Street is a 9-unit apartment community consisting of multiple single-story structures totaling 5,080 square feet built in 1926 and situated on a 12,666 lot. All the units are 1 Bedroom / 1 Bathroom and there are 9 garages, four of which are located at 4358 40th Street APN 447-202-23-00. 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

$1,650,000
Sold February 2025 · listed $1,720,000, orig. $1,890,000, on market July 2024 · MLS #240017483SD · Source: CRMLS
Listing Agent: Benn Vogelsang · Listing Office: NorthMarq Multifamily · Contact: 858-675-7865 · Bought with: OUT OF AREA · OUT OF AREA
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