3770 42nd St , San Diego, CA 92105
$2,250,000
Est. Payment: $12,273.07/mo
0.16 Acres
Status: Pending | Days on site: 69
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SAND-62951 - SAND-641894
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House Description

Significant Price Reduction. Garden Style 10 Unit Apartment Building located on the western side of City Heights, just a few blocks from the I-15. The property offers a Walk Score of 88/100 and is conveniently situated near several grocery stores and restaurants. 3770 42nd Street provides access to multiple elementary, middle, and high schools within a short walk or drive. City Heights continues to improve year over year in terms of overall property conditions and tenant quality. This is the perfect “bread & butter” property that attracts quality tenants and should provide a stable, cash-flowing investment for the next owner. Significant capital improvements have been completed, including main and subpanel electrical replacements for insurance compliance, a roof approximately seven years old, and the recent replacement of more than half of the water heaters. SB 721 work has been completed, with a passing inspection report available upon completion of the final inspection scheduled for next week. The Property has been well maintained over the years by a well respected Property Management Company. The mix consists of 7 1BR/1Bath & Three 2BR/1Bath units. Nearby units are achieving rents approximately 10% higher.

Highlights

Listed by Thomas McCartin , 858-373-3196 Marcus & Millichap , 858-373-3100. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.16

County

San Diego

Area

92105 - East San Diego

Listing ID

260015351SD

Questions about this listing?

Contact Agent

Interior Features

Exterior Features

Lot:No Land Lease
Garage Capacity:10
Zoning:R3 Restric
Others:
  • ▪ Additional:2+ Total Units
Principal Interest
$12,273
Taxes
$1,434

Home Price

$2,250,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$450,000
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:
$12,273.07

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,273.07 $1,434.38 $0.00 $13,707.44
Yearly $147,276.83 $17,212.50 $0.00 $164,489.33
Total $4,418,304.90 $516,375.00 $0.00 $4,934,679.90

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.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-05T03:13:44.000Z

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