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Trudy Kranz Whitney

Coldwell Banker West

[email protected] +1(760) 450-5839

$ 1,460,000

Est. payment -/mo

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4469-75 Altadena Avenue San Diego, CA 92115

5 Beds

4 Baths

495 SqFt

UPDATED:

01/08/2025 08:22 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 495 sqft

Price per Sqft $2,949

Subdivision Talmadge

MLS Listing ID 250000471

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 2024

Lot Size 3,745 Sqft

Property Description

Welcome to 4469-4475 Altadena Ave, a newly constructed four-unit development in Talmadge! Designed for savvy investors, 1031 exchange buyers, or homeowners looking to live in one unit while renting the others, this is your opportunity to step into immediate passive income. The property consists of three independent structures totaling four units, with three units currently occupied at fair market rents. Each unit offers a 1-bedroom, 1-bath layout ranging from 433 square feet up to 584 square feet for the largest unit. The original home built in 1939 has been remodeled to reflect the same new condition of the newly constructed 3 additional units. Each unit is equipped with modern conveniences and energy-efficient features to maximize comfort and appeal. Enjoy newly installed kitchens and bathrooms, luxury vinyl flooring, mini-split heating and air systems, and tankless water heaters. The units also include stainless steel appliances, including refrigerators, and in-unit washers and dryers, ensuring a seamless living experience. Solar on the 3 new units offers monthly savings! There is a common area fenced-in patio in front and 3 off-street parking spaces, providing convenience for tenants. Situated near SDSU, major hospitals, shopping centers, as well as San Diego's iconic beaches, this property is ideally located to attract a wide range of tenants—from military professionals and students to those seeking vibrant urban living. Whether you're looking for a turnkey rental property or a strategic long-term investment, this is the perfect opportunity to grow your portfolio.

Location

State CA

County San Diego

Community Talmadge

Area San Diego (92115)

Interior

Heating Natural Gas

Cooling Wall/Window

Appliance Wall/Gravity

Exterior

Exterior Feature Wood/Stucco

Parking Features Unit1:Assigned Unit2:Assigned Unit3:N/K Unit4:Assigned

Fence Partial

Roof Type Composition

Building

Lot Description Alley Access

Story 1

Lot Size Range 1-3999 SF

Sewer Sewer Connected

Water Meter on Property, Other/Remarks

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional, FHA

Space Rent $2,210

Listing Terms Cash, Conventional, FHA

Pets Allowed Yes

Listed by Scott N Ryan • Compass

Trudy Kranz Whitney

Global Real Estate Advisor | License ID: 02056724

+1(760) 450-5839

Trudy Kranz Whitney

4469-75 Altadena Avenue San Diego, CA 92115

Key Details

Location

Interior

Exterior

Building

Others

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4469-75 Altadena Avenue