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3735 41 Madison Avenue

San Diego, CA 92116
  • $1,725,000
  • STATUS: Active Under Contract
  • ON SITE: 72 Days
  • ID#: 240026431SD
Under Contract
UPDATED: 77 min ago
$1,725,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Listing Agent(s): Gregg Neuman of Berkshire Hathaway HomeServices California Properties (619-595-7020) and Caroline Singer of Berkshire Hathaway HomeServices California Properties(619-595-7020)


Description

Welcome to this adorable 4-unit property, perfectly positioned on a desirable corner lot in Normal Heights. This unique offering features a delightful mix of units: a free-standing 2-bedroom, 1-bath home, alongside a duplex with two 1-bedroom, 1-bath units, and an additional free-standing 1-bedroom, 1-bath residence. Each unit includes dedicated parking, with three detached garages and one attached garage for added convenience, in addition to ample street parking. These well-maintained units showcase beautiful hardwood floors and inviting built-ins that exude charm. Enjoy the ease of low-maintenance landscaping, along with newly installed sidewalks, gutters, windows, garage doors, fence and downspouts. With durable composition shingle roofs, this property is both stylish and practical. Ideal for first-time investors or those looking to occupy a unit with VA/FHA financing, this is an opportunity not to be missed. Experience the vibrant lifestyle Normal Heights has to offer! All tenants pay their own electricty. Two units (4548 & 3741) are separately metered so they pay their own water and sewer however the duplex (3739 & 3735) is not separately metered and is paid by the owner. Property is zoned Multi Family Dwellings 2+

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-20T09:31:13.953. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/157689673
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3735 41 Madison Avenue San Diego, CA 92116

  • Price: $1,725,000
  • Status: Active Under Contract
  • On Site: 72 Days
  • Updated: 77 min ago
  • ID#: 240026431SD
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1947
Built
Neighborhood:
Normal Heights
County:
San Diego
Area:
92116 - Normal Heights
Property Description
Welcome to this adorable 4-unit property, perfectly positioned on a desirable corner lot in Normal Heights. This unique offering features a delightful mix of units: a free-standing 2-bedroom, 1-bath home, alongside a duplex with two 1-bedroom, 1-bath units, and an additional free-standing 1-bedroom, 1-bath residence. Each unit includes dedicated parking, with three detached garages and one attached garage for added convenience, in addition to ample street parking. These well-maintained units showcase beautiful hardwood floors and inviting built-ins that exude charm. Enjoy the ease of low-maintenance landscaping, along with newly installed sidewalks, gutters, windows, garage doors, fence and downspouts. With durable composition shingle roofs, this property is both stylish and practical. Ideal for first-time investors or those looking to occupy a unit with VA/FHA financing, this is an opportunity not to be missed. Experience the vibrant lifestyle Normal Heights has to offer! All tenants pay their own electricty. Two units (4548 & 3741) are separately metered so they pay their own water and sewer however the duplex (3739 & 3735) is not separately metered and is paid by the owner. Property is zoned Multi Family Dwellings 2+
Exterior Features

Fencing Partial Parking Total 0 Roof Composition Spa YN No View YN No

Interior Features

Appliances Gas Water Heater Cooling None Cooling YN No Heating Natural Gas Heating YN Yes

Property Features

Association Fee 0 Cap Rate 4.76 Disclosures Incorporated Gross Scheduled Income 92040 Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFHAVA Loan Net Operating Income 75933 Possession Close Of Escrow Senior Community YN No Tenant Pays ElectricitySewerWater Zoning R-3:RESTRI



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-20T09:31:13.953. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Gregg Neuman of Berkshire Hathaway HomeServices California Properties (619-595-7020) and Caroline Singer of Berkshire Hathaway HomeServices California Properties(619-595-7020)