Welcome to 4469-4475 Altadena Ave

San Diego, CA! Prepare to take your investment game to new heights with this multi-family gem. Boasting three out of four units with fresh new construction, you'll be living the landlord dream in absolute luxury. Each unit features a delightful 1 bdroom, 1 bath layout, tailor-made for students, professionals or beach enthusiasts. Live in one unit while the other three cover your mortgage or rent out all four for a lucrative cash flow. The choice is yours! Nestled conveniently near SDSU, hospitals, shopping centers and beaches, this property is a tenant's paradise. Plus, with off-street parking available, parking headaches are a thing of the past. But wait, there's more!

Each unit comes fully equ ipped with brand new stainless steel appliances, including a refrigerator, ensuring your tenants enjoy modern convenience at its finest. And to make laundry day a breeze, each unit also includes its own washer and dryer. And let's not forget about comfortdual variant wall AC units have been installed in every unit, guaranteeing a cool oasis during those warm San Diego days. With three units running on solar power and the fourth on natural gas, this property offers eco-friendly options for every tenant's preference. Don't let this incredible investment opportunity slip away! Schedule your showing today and start building your real estate empire, one unit at a time.

Request Information
on 4469-4475 Altadena Ave
in San Diego, CA
Presented by Marques Jackson at
Signature Real Estate Group.


Property MLS #SW24095495 from CRMLS

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bedrooms

Bedrooms: 4

+ Interior Features

Ceiling Fan(s)
Granite Counters
Wired for Data
Door Features: Insulated Doors
Window Features: Double Pane Windows

+ Appliances

Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Cooktop, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Microwave, Refrigerator
Appliances YN: Yes
Laundry Features: Dryer Included, Electric Dryer Hookup, Stackable, Washer Hookup, Washer Included

+ Other Rooms

Entry, Kitchen, Living Room, Main Floor Bedroom, Walk-In Closet

+ Heating and Cooling

Cooling Features: Dual, ENERGY STAR Qualified Equipment
Heating Features: Electric, Solar
Heating: Yes

+ Bathrooms

Full Bathrooms: 4

+ Exterior and Lot Features

Fencing: Fence YN: Yes, Fencing: Brick, Wood
Road Frontage Type: Access Road, City Street
Road Surface Type: Alley Paved

+ Land Info

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.0861111
Lot Size Source: Assessor
Lot Size Square Feet: 3751

+ Garage and Parking

Parking Features: Parking YN: Yes, Parking Features: Gravel, Off Street
Parking Total: 3

+ Home Features

View: Neighborhood
Green Energy Efficient: Appliances, HVAC, Lighting, Thermostat, Water Heater, Windows

+ Multi-Unit Info

Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Rental Info

Number of Units Leased: 2
Tenant Pays: Parking Fee
Rent Control: Yes

+ Amenities and Community Features

Community Features: Biking, Curbs, Sidewalks, Street Lights

+ Other Property Info

Source Listing Status: Active
County: San Diego
Cap Rate: 5.59
Source Property Type: Residential Income
Insurance Expense: 27000.00
Area: 92115 - San Diego
Source Neighborhood: 92115 - San Diego
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 4720110500
Postal Code Plus 4: 3319
Trash Expense: 1.00
Zoning: RM-1-1
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2023	$117,000 + $427,000 $544,000	$6,724
2022	$7,803 + $28,490 $36,293	$500
2021	$7,650 + $27,932 $35,582	$497
2020	$7,572 + $27,646 $35,218	$492
2019	$7,424 + $27,104 $34,528	$484
2018	$7,279 + $26,573 $33,852	$456
2017	$7,137 + $26,052 $33,189	$446
2016	$6,998 + $25,542 $32,540	$438
2015	$6,893 + $25,159 $32,052	$431
2014	$6,758 + $24,667 $31,425	$426
2013	$6,728 + $24,556 $31,284	$425
2012	$6,597 + $24,075 $30,672	$395
2010	$6,468 + $23,603 $30,071	$383
2009	$6,436 + $23,483 $29,919	$384
2009	$6,420 + $23,427 $29,847	$384
2008	$6,310 + $23,023 $29,333	$371
2007	$6,187 + $22,572 $28,759	$369

+ Reveal Property Sale History

Relisted 2024-06-13
$1,570,000
CRMLS

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Listing removed 2024-06-02
$0
CRMLS

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Relisted 2024-05-31
$1,570,000
CRMLS

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Listing removed 2024-05-24
$0
CRMLS

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Listed 2024-05-23
$1,570,000
CRMLS

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Sold 2023-09-22
$692,500
CRMLS

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Price Changed 2023-04-02
$749,000
CRMLS

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Listed 2023-03-03
$789,000
CRMLS

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Sold 2022-04-22
$585,000
SanDiegoMLS

+ Commercial Info

Net Operating Income: 87838.00

+ Building and Construction

Total Square Feet Living: 1946
Year Built: 1939
Building Features: 3
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front/Side
Foundation Details: Concrete Perimeter
Property Age: 85
Property Condition: Turnkey
Roof: Shingle
Levels or Stories: One
Building Total Stories: 2
Structure Type: Quadruplex
House Style: Modern
Year Built Source: Builder

+ Utilities

Electric: 220 Volts in Laundry
Electric Expense: 12672.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1.00
Natural Gas Available
Sewer Available
Water Available
Water Source: Public

+ Accessibility Features

Parking

+ Display Complete School Details

Mann Middle School is a public middle school located approximately 0.4 miles away.
Map directions

Fay Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions

Crawford High School is a public high school located approximately 0.7 miles away.
Map directions

Cornerstone Christian Academy is a private elementary and middle school located approximately 0.3 miles away.
Map directions