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$ 1,298,000
Est. payment /mo
New
4232 Sharron Pl San Diego, CA 92115
UPDATED:
01/30/2025 09:03 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 250017488SD
HOA Y/N No
Year Built 1952
Property Description
4 Unit Development Opportunity! 7 Units Total... 4232 Sharron Pl is a rare investment opportunity in the heart of San Diego. This property sits on a generous 7,700-square-foot lot and offers three existing income-producing units that were newly renovated. This property also comes with approved permits to build four additional 2-bedroom, 2-bathroom units at 717sf. This property is a perfect fit for developers, investors, or owner-occupants seeking value-add opportunities in a high-demand market. The existing units have all been recently renovated which includes a new roof, all new modern appliances, luxury vinyl tile flooring, new countertops, bathroom fixtures, windows and landscaping. The main house is 3B/2B at 955sf and offers an open floor plan with spacious bathrooms. The other two units are identical studios (not permitted) at 285sf that are fully equipped with an electric stove top, full size shower, and in unit laundry. Draft plans for submission to the city to permit the studios come with the purchase. In total the units collect $6600/month. The location of this property is central to San Diego and is only 15 min to downtown. The property is also conveniently located right next to Crawford Highschool and Mann Middle School. Use the following link to access all affiliated documents such as the after completion appraisal value, building plans, photo/video, and full proforma. https://drive.google.com/drive/folders/1Dg6Uv6nrazRfMHr2-dpFmHAlpSTex0pu?usp=drive_link
Location
State CA
County San Diego
Area 92115 - San Diego
Interior
Heating Electric, Natural Gas
Cooling None
Fireplace No
Exterior
Fence Cross Fenced
View Y/N No
Roof Type Composition
Building
Lot Description Drip Irrigation/Bubblers
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4722020600
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Rory Cornelius • ROA California Inc