16
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$2,595,000
Est. payment /mo
3 Beds
2 Baths
5,414 SqFt
New
4580 33rd St San Diego, CA 92116
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Key Details
Property Type Single Family Home
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 5,414 sqft
Price per Sqft $479
MLS Listing ID 260001643
Bedrooms 3
Lot Size 6,251 Sqft
Property Sub-Type Com-Res Income
Property Description
Welcome to Sun Villas, a well-located 8-unit asset in the heart of Normal Heights with a Walk Score of 92, offering walkable access to Adams Avenue, the cultural energy of North Park, and the charm of neighboring Kensington. One of San Diego's most resilient submarkets, the area consistently attracts long-term tenants, supporting strong rent durability and low vacancy. The current in-place cap rate supports pricing based on existing cash flow and recent comparable sales on a price-per-unit basis. The property features a rare and highly functional unit mix of (6) 2-bedroom units and (2) 1-bedroom units—an uncommon configuration in the 92116 submarket—along with on-site laundry and 8 parking spaces, a scarce and highly desirable amenity in San Diego. Combined with efficient layouts, thoughtful improvements to most units, and rents positioned just below nearby comparables, Sun Villas offers a stable, defensible income profile with organic upside and long-term hold appeal.
Location
State CA
County San Diego
Area Metro Uptown
Interior
Heating Wall
Flooring Slab
Fireplace No
Exterior
Parking Features Spaces
View Y/N No
Total Parking Spaces 8
Building
Story 2
Others
Senior Community No
Tax ID 447-512-30
Listed by Christina M Labowicz ACI Apartments
NEARBY SCHOOL & BUSINESS
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