3042 C St, San Diego, CA 92102
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3042 C St San Diego, CA 92102

$2,190,000 Sold Price as of 02/24/2023
  • 9 Beds
  • 6 Baths
  • -- Sq.Ft.
Sold
$2,190,000 Sold Price as of 02/24/2023 Refinance Your Mortgage

Map preview of 3042 C St, San Diego, CA 92102

Property Overview: 3042 C St San Diego, CA has 9 bedrooms, 6 bathrooms, -- living square feet and 5,257 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Brand new, Turn Key, 3 Unit, Class A Apartment Building in HUD QUALIFIED OPPORTUNITY ZONE which is a huge tax benefit. This Property is located in the very popular South Park/Golden Hill area. New Units are also Exempt from CA Rent Control (Ask attorney)! Property's Current Annual Gross Rents are $147,000 ($12,250 Mthly) and Net Operating Income is $116,900 annual ($9,750 Mthly). Actual GRM is 15.64 and actual 5.1% Cap. The Operating Expenses are very low as the tenants pay ALL utilities & the new property has little maintenance requirements. Each unit is individually metered for water (sub metered), gas (front house only) & electric. Property has solar which is owned. There is off street parking for tenants a 1 to 1 ratio. Close to transit lines & 4 major freeways. Views of Coronado Bridge, Downtown & Ocean from units. Front house recently remodeled, designer inspired finish and completely upgraded. It is a single story craftsman with built-in cabinets, original hardwood floors, a amazing large front porch, & exclusive use front, back and side yards. Back units are Townhouses, built in 2022 with upgraded finishes, expansive 1,500 sq. ft floorpan (unique and very desirable for South Park), impressive views from private patios and master bedrooms, new stainless appliances, quartz counter tops, 2 full baths, and high end vinyl plank flooring. Washer & Dryer in all units. Very walkable area close to restaurants, bars, golf course, Balboa Park, Coronado, beaches, dog park, & shops. 5 Min to downtown & North Park.

Listed by Joseph Galascione | BRE #01455641 | Joseph M. Galascione, Broker
Last checked: 3 minutes ago | Last updated: February 27th, 2023 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
5,257
HOA Dues
$0/mo
Year built
2022
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
220030172SD
City
San Diego
County
San Diego
Time on Site
476 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $4,125
  • Total Rent: --
  • Pro Forma/Market Rent: $4,125
Unit Breakdown 2
  • # of Units: --
  • # of Beds: --
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Total Rent: --
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $4,000
  • Total Rent: --
  • Pro Forma/Market Rent: $4,125
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $4,125
  • Total Rent: --
  • Pro Forma/Market Rent: $4,125
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.1%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $147,000
  • Net Operating Income: $116,900
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 3042 C St

Interior Features
Cooling Information
  • Has Cooling
  • Zoned
Heating Information
  • Has Heating
  • Electric, Zoned
Kitchen Information
  • Has Appliances
  • Electric Water Heater
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • Roof: Composition
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Sprinklers Drip System
  • Lot Size Source: Survey
Property Information
  • Has View
  • View: Bay, Ocean
  • Total # of Units: 3
  • Parcel Number: 5395411800
Location / Neighborhood
Location Information
  • Directions: 94 exit 30th Street, North on 30th, Right on C Street. CrossStreet: 30th
View more facts & features

Local San Diego Agent

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Sale History for 3042 C St

Last sold for $2,190,000 on February 24th, 2023
  • February, 2023

  • Feb 24, 2023

    Date

    Sold

    CRMLS: 220030172SD

    $2,190,000

    Price

  • Dec 29, 2022

    Date

    Active

    CRMLS: 220030172SD

    $2,850,000

    Price

  • December, 2022

  • Dec 19, 2022

    Date

    Leased

    CRMLS: 220028565SD

    $4,125

    Price

  • Nov 22, 2022

    Date

    Active

    CRMLS: 220028565SD

    $4,500

    Price

  • Listing provided courtesy of CRMLS

    A rare opportunity to be the first to rent this brand new construction in South Park! This large 1500 square foot 3 bedroom 2 bath apartment was just built and is now ready for you to call home! Enjoy spreading out over three stories, with ample room for you and your roommates or family. Take advantage of all that this unit has to offer like included parking, outdoor patio with view, brand new stainless steel appliances, quartz countertops and A/C and heat throughout! The secure property has private entrances that make parking and coming and going a breeze. There is additional first floor storage so that you can easily store all beach gear, sporting goods and extra curricular supplies away. Second floor boasts a large kitchen and living room featuring long peninsula perfect for entertaining, French doors opening up to a beautiful private patios with views of downtown San Diego and the Coronado Bridge and an extra open area floor plan. Optional additional space perfect for an additional living space- either dining room, an office or a playroom. One full bath is offered on this floor, as well as upstairs. Brand new carpet takes you upstairs to the three spacious bedrooms, each equip with their own large closet. A renter's dream to be in the quaint neighborhood of South Park AND have this much space! Family friendly with hip bars and restaurants, close to many coffee shops, yoga studios, parks and schools. Best yet, you are minutes from downtown and Coronado and less than a quarter mile from the freeway. This location doesn't get any better. Did we mention you get parking. A rare opportunity to be the first to rent this brand new construction in South Park! This large 1500 square foot 3 bedroom 2 bath apartment was just built and is now ready for you to call home! Enjoy spreading out over three stories, with ample room for you and your roommates or family. Take advantage of all that this unit has to offer like included parking, outdoor patio with view, brand new stainless steel appliances, quartz countertops and A/C and heat throughout! The secure property has private entrances that make parking and coming and going a breeze. There is additional first floor storage so that you can easily store all beach gear, sporting goods and extra curricular supplies away. Second floor boasts a large kitchen and living room featuring long peninsula perfect for entertaining, French doors opening up to a beautiful private patios with views of downtown San Diego and the Coronado Bridge and an extra open area floor plan. Optional additional space perfect for an additional living space- either dining room, an office or a playroom. One full bath is offered on this floor, as well as upstairs. Brand new carpet takes you upstairs to the three spacious bedrooms, each equip with their own large closet. A renter's dream to be in the quaint neighborhood of South Park AND have this much space! Family friendly with hip bars and restaurants, close to many coffee shops, yoga studios, parks and schools. Best yet, you are minutes from downtown and Coronado and less than a quarter mile from the freeway. This location doesn't get any better. Did we mention you get parking AND laundry? Don't miss! Renter is responsible for their utilities including water, electrical, gas and cable/internet. Owner pays landscaping and trash/sewer. If you have pets they're an additional deposit. View: City,Evening Lights

  • December, 2022

  • Dec 19, 2022

    Date

    Canceled

    CRMLS: PTP2207683

    $2,895,000

    Price

  • Dec 12, 2022

    Date

    Active

    CRMLS: PTP2207683

    $2,895,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2020

  • Aug 28, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2020

  • Jan 24, 2020

    Date

    Sold

    CRMLS: 190026821

    $675,000

    Price

  • Dec 27, 2019

    Date

    Pending

    CRMLS: 190026821

    $700,000

    Price

  • Jul 17, 2019

    Date

    Withdrawn

    CRMLS: 190026821

    $700,000

    Price

  • May 16, 2019

    Date

    Active

    CRMLS: 190026821

    $700,000

    Price

  • Listing provided courtesy of CRMLS

    Located in San Diego's fabulous and conveniently located GOLDEN HILLS. This 1921 home has a remodeled kitchen as well as 'true to it's era' features. HIGHLIGHTS: Dining Room double glass doors; Built-in Buffet; Wide Baseboards and Molding; off Kitchen Laundry Room; Roomy Front Porch; Large Backyard; Alley Access; 2 Separate Garages TEMPORARILY OFF MARKET until tenants vacate and property is cleaned up. ESTIMATED DATE OF AVAILABILITY IS Mid October 2019. This property is zoned R4. Contack City of San Diego for details on development potential. From what we have learned, it seems 3 units may be the maximum units allowed.. Neighborhoods: Golden Hills Other Fees: 0 Sewer: Public Sewer Topography: LL

  • January, 2020

  • Jan 21, 2020

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

Show More

Tax History for 3042 C St

Assessed Value (2020): $139,260
Year Land Value Improved Value Assessed Value
2020 $73,297 $65,963 $139,260

Home Value Compared to the Market

This property vs the competition

3042 C St sold on February 24, 2023 for 156.98% higher than the current median sold price for the city of San Diego which is $895,000.

About 3042 C St

Detailed summary of property

3042 C St is a multi family that recently sold in San Diego, CA 92102. This multi family property offered 9 bedrooms, 6 bathrooms, roughly -- living square feet, and sits on an approximately 5,257 square foot lot. 3042 C St was first listed on ArdentRealEstateGroup.com on December 29, 2022. The homeowner sold the property for $2,190,000. Home in San Diego are selling for a median price of $895,000 and a median price per square foot of $699. Based on Ardent Real Estate Group's San Diego Market Data, this home is sold 156.98% higher than the current median priced home. Local homes that are currently for sale include 210 41st St, 208 41st St and 222 Costa Mesa St. While the average home in San Diego, CA is selling in 82 days, 3042 C St has a days on market of 26 days. There are currently 2148 homes for sale in the San Diego real estate market and 1126 of them are single family homes while 871 of them are condos and 151 are townhomes. For more information on this home for sale at 3042 C St San Diego, CA 92102 contact Ardent Real Estate Group and we will put you in touch with one of our San Diego agents.

Public Facts for 3042 C St

Public county record property details
Beds
3
Baths
1
Year built
1921
Sq. Ft.
1,047
Lot Size
5,097
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
San Diego
Lot#
34,35
APN
539-541-18-00

The source for these homes facts are from public records.

92102 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$700,000
Median List Price/Sq.Ft.
$686
Median Sold Price
$730,000
Median Sold Price/Sq.Ft.
$593
Total Inventory
53
Median Sale to List Price %
104.58%
Avg Days on Market
13
Loan Type
Conventional (80%), FHA (0%), VA (0%), Cash (10%), Other (10%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.