4064 National Avenue, San Diego, California 92113, San Diego, 92113 - bed, bath

4064 National Avenue, San Diego, California 92113 home-pic-0
ACTIVE$996,000
4064 National Avenue, San Diego, California 92113
0Bed
0Bath
2,752Sqft
7,484Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Strong Investment Potential: Explicitly marketed as a 'Great investment opportunity' and classified as 'Residential Income' (Triplex), offering multiple income streams.
Top Cons:
Absence of Cooling System: The property description does not mention air conditioning, which could be a significant comfort concern for tenants during San Diego's warmer months.

Compared to the nearby listings

Price:$996.0K vs avg $749.5K (+$246,500)75%
Size:2,752 sqft vs avg 1,756 sqft88%
Price/sqft:$362 vs avg $40838%

More Insights

Built in 2013 (12 years old).
Condition: Built in 2013, this triplex is relatively new and described as 'well-maintained.' While one of the 1-bedroom units features a dated bathroom with pink/black tile and a kitchen with older tile countertops and an older refrigerator, the other units appear more modern. The 3-bedroom unit's kitchen has white shaker cabinets and white appliances, and its bathroom is updated. All units are move-in ready and functional, aligning with the 'Good' score criteria, despite the absence of a cooling system.
Year Built
2013
Close
-
List price
$996K
Original List price
$996K
Price/Sqft
$362
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2507663
Home ConditionGood
Features
Patio
View-

About this home

Great investment opportunity! This well-maintained property features a 3BR/2BA unit and two 1BR/1BA units with long-term reliable tenants. This property offers ample parking and extra storage. The rapidly redeveloping neighborhood presents a great multi-unit opportunity, as the home is currently configured as a triplex. All units include in-unit washer and dryer hookups as well as reliable appliances. The surrounding area is in close proximity to the Southcrest Recreation Center and Mountain View Community Center. Major shopping centers are also located nearby, providing convenient access to essential amenities and services. Triplex addresses: 4064, 1bed 1bath/ 4066, 1bed 1bath/ 4068, 3bed 2bath.

Condition Rating
Good

Built in 2013, this triplex is relatively new and described as 'well-maintained.' While one of the 1-bedroom units features a dated bathroom with pink/black tile and a kitchen with older tile countertops and an older refrigerator, the other units appear more modern. The 3-bedroom unit's kitchen has white shaker cabinets and white appliances, and its bathroom is updated. All units are move-in ready and functional, aligning with the 'Good' score criteria, despite the absence of a cooling system.
Pros & Cons

Pros

Strong Investment Potential: Explicitly marketed as a 'Great investment opportunity' and classified as 'Residential Income' (Triplex), offering multiple income streams.
Modern Construction: Built in 2013, indicating a relatively new property with potentially lower immediate maintenance needs and modern building standards.
Established Income Stream: Features 'long-term reliable tenants' across all units, providing immediate and stable rental income for the investor.
Desirable Tenant Amenities: All units include 'in-unit washer and dryer hookups as well as reliable appliances,' enhancing tenant appeal and retention.
Redeveloping Neighborhood: Located in a 'rapidly redeveloping neighborhood,' suggesting potential for future property value appreciation and increased rental demand.

Cons

Absence of Cooling System: The property description does not mention air conditioning, which could be a significant comfort concern for tenants during San Diego's warmer months.
Neighborhood in Transition: While 'rapidly redeveloping' suggests future growth, it also implies the area may still be in a transitional phase, potentially affecting current amenities, infrastructure, or perceived desirability for some tenants.
Higher Management Overhead: As a triplex, managing three separate units and tenants, even reliable ones, inherently requires more time, effort, and potential for maintenance issues compared to a single-family rental property.

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