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Listing ID: 220008408
Sold For: $965,000
Status: SOLD
Sold Date: 6/10/2022
Address: 4628 - 4630 51
City: San Diego
State: California
Postal Code: 92115
County: San Diego
San Diego
This incredible Investment Opportunity that seldom presents itself. Attractive Talmadge’s hidden secret for the perfect landlord. 2 units yet separated with each own private backyard that encompass charm with personal lifestyle. Both units have long-term tenants who made it their home and not just a place to stay…….they maintain it as if they own it. Even better, tenants never miss rent payments, which is a landlords delight! PLEASE Do Not DISTURB the tenants. The front house offers a gorgeous low maintenance landscaping including an enticing facelift, a widened driveway with desirable kitchen improvements with AC and Heat. The back house offers a newer roof, washer and dryer, a garage and a cozy livable space that is quaint and gorgeous.

Primary Features

County: San Diego
Property Type: 2-4 Units
Year Built: 1938


Cooling: Central Forced Air, Other/Remarks
Heat Equipment: Forced Air Unit, Radiant
Levels: 1 Story
Total Stories: 1
Unit 1 Estimated SqFt: 950
Unit 1 Laundry Hook Ups: Yes
Unit 1 Number of Bedrooms: 2
Unit 1 Number of Full Baths: 1
Unit 1 Number Total Baths: 1
Unit 2 Estimated SqFt: 700
Unit 2 Laundry Hook Ups: Yes
Unit 2 Number of Bedrooms: 1
Unit 2 Number of Full Baths: 1
Unit 2 Number Total Baths: 1


Entry Only: yes
Exterior: Stucco, Wood, Wood/Stucco, Other/Remarks
Fencing: Cross Fencing, Other/Remarks
Frontage: Other/Remarks
Lot Size: 4,000-7,499 SF
Neighborhood: Talmadge - Alhambra Park
Number of Buildings: 2
Number of Units: 2
Number of Units w/Dryers: 2
Number of Units w/Garage: 1
Number of Units w/Patios: 2
Number of Units w/Range/Oven: 2
Number of Units w/Refrigerator: 2
Number of Units w/Washers: 2
Number Units w/Cooling: 1
Number Units w/Dishwashers: 2
Parking for RV: None Known
Parking Garage Unit 2: Attached
Parking Non-Garage Unit 1: Tandem
Roof: Other/Remarks
Unit 2 Parking Garage Space: 1


Community: TALMADGE
Complex/Park: Owner
Country: United States
Market Area: Metro Uptown
Zip/Area: SAN DIEGO (92115)


Additional Property Use: N/K
Property Type: 2-4 UNITS


Age Restrictions: N/K
Annual Expense Actual: 11346
Cap Rate Actual: 3
Financing: Conventional
Gross Rent Multiplier Act: 20
Gross Scheduled Income Actual: 49800
Gross Scheduled Income Projected: 56400
Possession: Call Listing Agent
Sale/Rent: For Sale
Sales Restrictions: N/K
Short Sale: no
Tenant Pays: Cable TV, Electricity, Gas/Propane, Other Fees
Terms: Cash, Conventional, Other/Remarks
Unit 1 Deposit: 2000
Unit 1 Projected Rent: 3000
Unit 1 Rent Actual: 2500
Unit 2 Deposit: 1350
Unit 2 Projected Rent: 2000
Unit 2 Rent Actual: 1650

Zoning Info

Area Info

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Listing courtesy of Century 21 Award

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