47
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$1,460,000
$1,460,000
Est. payment /mo
3,746 Sqft Lot
Sold on 05/09/2025
4469 75 Altadena Avenue San Diego, CA 92115
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Key Details
Sold Price $1,460,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Talmadge
MLS Listing ID 250000471SD
Year Built 2024
Lot Size 3,746 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
Area 92115 - San Diego
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Exterior
Fence Partial
Pool None
View Y/N No
Roof Type Composition
Building
Story 1
Water See Remarks
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by Scott Ryan • Compass
Bought with Out of Area Out of Area • Out of Area
Bought with Out of Area Out of Area • Out of Area