3 months on rocket

264248 44th St, San Diego, CA, 92105

$2,400,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

264248 44th St, San Diego$2,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1984
MLS #PTP2405613
Lot Size0.22 Acres
StatusActive

About 264248 44th St

2642-48 44th St presents the opportunity to acquire a turnkey 9-unit multifamily asset located in the residential focused lower City Heights area of San Diego with an ideal unit mix. The micro location is walking distance to Hamilton Elementary school and just off the beaten bath of the City Center primary thoroughfares providing for a family oriented neighborhood pocket. The 9,391 sqft lot is comprised of three separate buildings: a 6 unit apartment building consisting of (4) 1 bedroom units and (2) 2 bedroom units, a duplex with (2) 2 bedroom/1 bath units with small rear yards, and a detached 2 bedroom/1 bath house. The asset includes 11-12 on-site parking spaces, along with ample street parking. This property offers strong in-place financial metrics with $206,880 in gross annual income yielding a 5.81% cap rate with additional room for growth. An investor looking to maximize returns might consider renovating the units, which could achieve a pro forma cap rate of 7.05%, excluding renovation costs. The detached house could receive a fully fenced yard and private driveway to maximize rental income.

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Stories: 2

Listing Office:

  • Office Name: Commercial Asset Advisors
  • Office Email: mbrown@caacre.com
  • Listing Agent: Maxwell Brown

Exterior Features

Exterior Information:

  • Private Pool: No

Virtual/3D Tour

  • Virtual Tour: 264248 44th St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Other

Directions Information:

  • Directions: gps

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,400,000
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in San Diego, CA.

Med. Sold Price

$948.8K

Med. Price/SqFt

$701

Avg. Days On Market

27

# of Sold Homes

629

264248 44th St vs San Diego

96 DAYS ON ROCKET

+69 Days

$2,400,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price in San Diego, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PTP2405613

Listing Office:

  • Office Name: Commercial Asset Advisors
  • Office Email: mbrown@caacre.com
  • Listing Agent: Maxwell Brown

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 11:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-125022
3
/10
  • Franklin Elementary School

  • 4481 Copeland Ave

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-125023
6
/10
  • Euclid Elementary School

  • 4166 Euclid Ave

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-125024
5
/10
  • Ibarra Elementary School

  • 4877 Orange Ave

  • 0.78 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,910. The majority of San Diego, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 264248 44th St

What is the listing price of this property?

The listing price of 264248 44th St property is $2,400,000.

What type of property is this?

The property 264248 44th St is a house located in San Diego, California, 92105.

Is this property for sale now?

Active Listing: 264248 44th St is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 264248 44th St is 1984.

Rocket HomesCaliforniaSan Diego CountySan Diego92105264248 44th St

This home is located at 264248 44th St in San Diego, CA and zip code 92105 in the Talmadge neighborhood. This home, which was built in 1984, sits on a 0.22 acre lot. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $2,400,000.

Over 212 listings were sold over their listed price in November 2024 in San Diego, CA. In the same period over 308 listings were sold below the listed price and 109 listings were sold for the listed price. The number of listings in San Diego, CA decreased by 4.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $948,850, while the average time on the real estate market was 27 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources