A developers dream! Multiple value add opportunities and strong existing income ($9,445 monthly gross income)! This site presents an increasingly rare urban infill opportunity to purchase a 7,018 SF lot, with (3) income generating residential units in the heart of San Diego's hippest neighborhood, North Park. This property sits within the complete communities area and has a FAR of 6.5. The maximum buildable square feet is 45,617 subject to official approval to allow a complete communities project at this site. Alternatively and due to being fully remodeled, the existing units attract phenomenal renters in the asset's existing condition. The property is gated from the alley and tenants have the option to close the gate on Illinois for additional privacy. It is turfed with pavers throughout and laundry on site in the back.
This property is $1.2M 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: #240014482SD
Listing Office:
Office Name: South Coast Commercial, Inc.
Office Phone: (619) 226-6011
Listing Agent: Brendan Flynn
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: 1/2/2025, 9:21:01 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$11K
Per Month
Principal & Interest
$10.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,659
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Garfield Elementary School
4487 Oregon St
Distance between this listing and this school0.43 miles
Public District Grades KG-5
5
/10
Adams Elementary School
4672 35th St
Distance between this listing and this school0.57 miles
Public District Grades KG-5
5
/10
Normal Heights Elementary School
3750 Ward Rd
Distance between this listing and this school0.87 miles
Public District Grades KG-5
Nearby Schools
8
/10
San Diego Global Vision Academy
3430 School St
Distance between this listing and this school0.52 miles
Public Charter Grades KG-8
4
/10
Wilson Middle School
3838 Orange Ave
Distance between this listing and this school1.07 miles
Public District Grades 6-8
5
/10
Roosevelt Middle School
3366 Park Blvd
Distance between this listing and this school1.83 miles
Public District Grades 6-8
Nearby Schools
4
/10
San Diego Virtual
2878 Camino Del Rio S Ste 410
Distance between this listing and this school0.76 miles
Public Charter Grades KG-12
1
/10
Alba
4041 Oregon St
Distance between this listing and this school0.79 miles
Public District Grades 1-12
5
/10
Health Sciences High and Middle College
3910 Univ Ave Ste 100
Distance between this listing and this school1.26 miles
The neighbors living near this home have an average income of $44,182. Most San Diego, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 444044 Illinois
What is the listing price of this property?
The listing price of 444044 Illinois property is $2,199,000.
What type of property is this?
The property 444044 Illinois is a house located in San Diego, California, 92116.
Is this property for sale now?
Active Listing: 444044 Illinois is For Sale (Active/New) which means the seller is accepting offers.
Which year was this property built?
The year of construction for 444044 Illinois is 1940.
This home is located at 444044 Illinois in San Diego, CA and zip code 92116 in the North Park neighborhood. This home was built in 1940. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $2,199,000.
San Diego, CA housing market in December 2024 saw over 179 listings sold above listed price, more than 111 sold at listed price and over 351 sold below. The number of listings in San Diego, CA decreased by 8.1% between November 2024 and December 2024. In December 2024 median list price was $951,513 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.