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3018 44th St , San Diego, CA 92105
$2,200,000
Est. Payment: $12,000.33/mo
4 Bed
4 Bath
0.19 Acres
Status: ACTIVE | Days on site: 26
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CRP-89195 - 819274,678799
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Chris Heller
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House Description

8-Unit Value-Add Opportunity in San Diego's City Heights. All eight units are 1-bedroom/1-bathroom with a dedicated parking space and on-site laundry. Current rents are below market rates. Recent capital improvements include a full move-out renovation on Unit 3 (paint, cabinets, new locks, medicine cabinet, faucet), new stoves in Units 5, 8, and 9. Recent capital improvements also include a new water heater and gas valve (10/2024), a new kitchen sink in Unit 1, and new blinds, screens, and a vent hood in Unit 8. Property-wide, a completed SB721 inspection report and new rear fencing (02/2026) add peace of mind for the next owner. City Heights is one of San Diego's oldest and most storied neighborhoods, platted in the 1880s and briefly its own incorporated city East San Diego from 1912 to 1923 before merging back into San Diego. Today it's one of the city's most walkable and diverse communities, with strong, consistent rental demand. The property sits directly across Fairmount Ave from Azalea Park, and is close to schools, shopping, and dining. Quick access to both the I-805 and SR-15 freeways puts Balboa Park about 10 minutes away and SDSU about 15 minutes away.
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Highlights

Listed by Luda Phipps , 619-277-5474 and Imelda D Ortega Gallardo , 619-746-2298 Luda Phipps, Broker , 619-277-5474. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.19

County

San Diego

Listing ID

PTP2606767

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4

Exterior Features

Zoning:Assessor
Principal Interest
$12,000
Taxes
$1,403

Home Price

$2,200,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$440,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,000.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,000.33 $1,402.50 $0.00 $13,402.83
Yearly $144,004.01 $16,830.00 $0.00 $160,834.01
Total $4,320,120.35 $504,900.00 $0.00 $4,825,020.35

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (San Diego, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-10-05T01:55:19.000Z

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