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$1,450,000
Est. payment /mo
5 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision University Heights
MLS Listing ID 250033634
Bedrooms 5
Full Baths 2
Year Built 1953
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
Property Description
4333 Florida Street sits in the highly desirable neighborhood of University Heights, which continues to be one of the most in-demand rental markets in uptown San Diego. Built in 1953 and extensively improved in 2022, the 2-unit complex boasts a Walk Score of 95 and totals approximately 1,661 rentable square feet. The lot size is approximately 5,622 square feet and is situated in Complete Communities Tier 3 (6.5 FAR), offering future redevelopment potential. Both units are standalone cottages with no shared walls and ample yard space. The front unit is a 2-bedroom/1-bath cottage, and the back unit is a spacious 3-bedroom/1-bath cottage. Both units have been recently remodeled with new vinyl plank flooring, hardware, recessed lighting, and updated kitchens and bathrooms. The exteriors have also been extensively improved with new doors, dual-pane vinyl windows, siding, and paint. The units are ready to rent but could be further upgraded by adding in-unit washer/dryers and air conditioning. Attractive tenant offerings include ample yard and patio space for each unit and three detached single-car garages, which also have the potential for an ADU conversion. Both units will be delivered vacant, making this an ideal opportunity for investors, owner-users, and developers with ample possibilities. Located only two blocks from Park Boulevard, the property is within walking distance of all the best of University Heights. The 8 and 163 freeways are also nearby, providing easy access for tenants. 4333 Florida Street ultimately pre
Location
State CA
County San Diego
Area Metro Uptown
Interior
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Tax ID 445-323-13-00
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Listed by Ben Sierpina Marcus & Millichap
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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