3428 Martin Ave, San Diego, CA 92113
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3428 Martin Ave San Diego, CA 92113

$970,000
  • 6 Beds
  • 3 Baths
  • -- Sq.Ft.
For Sale
$970,000 Get Pre-Qualified

Map preview of 3428 Martin Ave, San Diego, CA 92113

Property Overview: 3428 Martin Ave San Diego, CA has 6 bedrooms, 3 bathrooms, -- living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This investment property is truly outstanding, featuring 3 income producing units!!! Two units are spacious 3-bedroom detached units on a single lot. The third is a travel bungalow complete with full hookups. A removable gate ensures effortless entrance and exit for the travel. Whether you're a homeowner looking for an ideal living arrangement or an astute investor seeking rental income, this property offers it all. New gates, fences, and privacy barriers provide added security and a sense of tranquility. With new roofs, solar and a recently paved driveway, this property exudes quality and attractiveness. Situated conveniently close to the Navy Base and downtown, you'll have easy access to all the action. Plenty of space for your vehicles, making this property perfect for families and guests. The generous lot size offers ample space for outdoor activities, gardening, and future expansion. Alley access adds an extra layer of accessibility and ease.This property is a true gem, blending comfort, convenience, and the potential for robust.

Listed by Jennifer Phan | BRE #01983793 | Real Broker
Last checked: 13 minutes ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 168
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Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
1984
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
230021930SD
City
San Diego
County
San Diego
Time on Site
207 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 1
  • Actual Rent: $2,280
  • Total Rent: --
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Actual Rent: $3,250
  • Total Rent: --
Unit Breakdown 3
  • # of Units: --
  • # of Beds: --
  • # of Baths: 0
  • Actual Rent: $1,500
  • Total Rent: --
Unit Breakdown 4
  • # of Units: --
  • # of Beds: --
  • # of Baths: 0
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.62%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $84,360
  • Net Operating Income: $74,323
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 3428 Martin Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • Total # of Units: 2
  • Parcel Number: 5456422700
Location / Neighborhood
Location Information
  • Subdivision Name: Logan Heights
  • Directions: Make a left on S 35th Street turn right into Martin Street drive down toward the end of the street. Property will be on the left CrossStreet: S 35th
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Sale History for 3428 Martin Ave

Last sold on January 31st, 2013
  • November, 2023

  • Nov 10, 2023

    Date

    Active

    CRMLS: 230021930SD

    $995,000

    Price

  • June, 2021

  • Jun 23, 2021

    Date

    Expired

    CRMLS: 210006945

    $749,000

    Price

  • Mar 18, 2021

    Date

    Active

    CRMLS: 210006945

    $749,000

    Price

  • Listing provided courtesy of CRMLS

    CASH FLOW 2 UNITS WITH UPSIDE POTENTIAL. TENANT OCCUPIED - DO NOT DISTURB - Front unit is 3 beds/1bath and 2nd unit is 3 beds / 2 baths. Back lot is being rented for storage. These units can bring in top rents with new owner. Great for first time buyer to live in one and rent the other unit for income or great investment property with very low maintenance. Close to freeways, shopping and schools. Buyer and Buyers agent to verify all before the close of escrow this includes all bed and bath counts, sq. footage, permits, lot size, interior living sq ft, etc. Buyer and Buyers agent to fully satisfy self before closing escrow with all inspections necessary. Some unpermitted additions, seller has never lived in the property. Unit # for Unit 1: 3428 Unit # for Unit 2: 3430 Unit # for Unit 3: LOT Unit 1 Parking Spaces: 0 Unit 2 Parking Spaces: 0 Unit 3 Parking Spaces: 0 Unit 4 Parking Spaces: 0 Number of Furnished Units: 0

  • March, 2021

  • Mar 4, 2021

    Date

    Expired

    CRMLS: 210002385

    $775,000

    Price

  • Jan 29, 2021

    Date

    Active

    CRMLS: 210002385

    $775,000

    Price

  • Listing provided courtesy of CRMLS

    CASH FLOW 2 UNITS WITH UPSIDE POTENTIAL. TENANT OCCUPIED - DO NOT DISTURB - Front unit is 3 beds/1bath and 2nd unit is 3 beds / 2 baths. Back lot is being rented for storage. These units can bring in top rents with new owner. Great for first time buyer to live in one and rent the other unit for income or great investment property with very low maintenance. Close to freeways, shopping and schools. Buyer and Buyers agent to verify all before the close of escrow this includes all bed and bath counts, sq. footage, permits, lot size, interior living sq ft, etc. Buyer and Buyers agent to fully satisfy self before closing escrow with all inspections necessary. Some unpermitted additions, seller has never lived in the property. Other Fees: 0 Unit # for Unit 1: 3428 Unit # for Unit 2: 3430 Unit # for Unit 3: LOT Unit 1 Parking Spaces: 0 Unit 2 Parking Spaces: 0 Unit 3 Parking Spaces: 0 Unit 4 Parking Spaces: 0 Number of Furnished Units: 0

  • August, 2019

  • Aug 28, 2019

    Date

    Expired

    CRMLS: 130033071

    --

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCTION!! LIVE IN ONE AND RENT OUT THE OTHER! CLOSE TO ALL SHOPS, SCHOOLS, AND FREEWAYS. BACK UNIT HAS 2 EXTRA BEDROOMS, SELLER UNAWARE OF PERMITS. BUYER TO VERIFY ALL BEFORE CLOSE OF ESCROW SELLER HAS NEVER OCCUPIED PROPERTY. ALL INFORMATION DEEMED RELIABLE BUT MAY NOT BE ACCURATE. BUYER AND BUYERS AGENT TO VERIFY ALL BEFORE THE CLOSE OF ESCROW INCLUDING BUT NOT LIMITED TO BED AND BATH COUNT, SQ FT, LOT SIZE, ETC. SOLD AS IS WHERE IS. GREAT INVESTMENT PROPERTY WITH GOOD RENTS. Neighborhoods: OCEAN VIEW Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 3428 Unit # for Unit 2: 3430 Unit 1 Parking Spaces: 0 Unit 2 Parking Spaces: 0 Number of Furnished Units: 0

  • August, 2019

  • Aug 26, 2019

    Date

    Expired

    CRMLS: 140001410

    --

    Price

  • Listing provided courtesy of CRMLS

    LIVE IN ONE AND RENT THE OTHER! TENANT OCCUPIED WITH SOLID RENTERS. BACK UNIT HAS 2 EXTRA BEDROOMS, SELLER UNAWARE OF PERMITS. BUYER TO VERIFY ALL BEFORE CLOSE OF ESCROW. GREAT RENTAL OR LIVE IN ONE AND RENT THE OTHER. SELLER HAS NEVER OCCUPIED PROPERTY. ALL INFORMATION DEEMED RELIABLE BUT MAY NOT BE ACCURATE. BUYER AND BUYERS AGENT TO VERIFY ALL BEFORE THE CLOSE OF ESCROW INCLUDING BUT NOT LIMITED TO BED AND BATH COUNT, SQ FT, LOT SIZE, ETC. SOLD AS IS WHERE IS. GREAT INVESTMENT PROPERTY WITH GOOD RENTS. Neighborhoods: OCEAN VIEW Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 3428 Unit # for Unit 2: 3430 Unit 1 Parking Spaces: 0 Unit 2 Parking Spaces: 0 Number of Furnished Units: 0

  • August, 2019

  • Aug 22, 2019

    Date

    Expired

    CRMLS: 140025554

    --

    Price

  • Listing provided courtesy of CRMLS

    CASH ONLY! TENANT OCCUPIED WITH SOLID RENTERS. BACK UNIT HAS 2 EXTRA BEDROOMS NO PERMITS/SELLER UNAWARE. GREAT RENTAL OR LIVE IN ONE AND RENT THE OTHER. SELLER HAS NEVER OCCUPIED PROPERTY. ALL INFORMATION DEEMED RELIABLE BUT MAY NOT BE ACCURATE. BUYER AND BUYERS AGENT TO VERIFY ALL BEFORE THE CLOSE OF ESCROW INCLUDING BUT NOT LIMITED TO BED AND BATH COUNT, SQ FT, LOT SIZE, ETC. SOLD AS IS WHERE IS. GREAT INVESTMENT PROPERTY WITH GOOD RENTS. THERE ARE NO PERMITS FOR THE BEDROOM ADDITIONS THEREFORE THIS NEEDS TO GO CASH ONLY! Neighborhoods: OCEAN VIEW Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 3428 Unit # for Unit 2: 3430 Unit 1 Parking Spaces: 0 Unit 2 Parking Spaces: 0 Number of Furnished Units: 0

  • August, 2019

  • Aug 2, 2019

    Date

    Expired

    CRMLS: 190026684

    $650,000

    Price

  • May 16, 2019

    Date

    Active

    CRMLS: 190026684

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    2 units in up and coming Barrio Logan. 3 beds 1bath and 2nd unit is 3 beds 2baths. These units can bring in top rents with new owner. Great for first time buyer to live in one and rent the other unit for income or great investment property with low maintenance. This property has a huge yard! Close to freeways, shopping and schools. Buyer and Buyers agent to verify all before the close of escrow this includes all bed and bath counts, sq footage, permits, lot size, interior living sq ft, etc. Buyer should fully satisfy self before closing escrow with all inspections necessary. Neighborhoods: Ocean View Other Fees: 0 Unit # for Unit 1: 3428 Unit # for Unit 2: 3430 Unit 1 Parking Spaces: 0 Unit 2 Parking Spaces: 0 Unit 3 Parking Spaces: 0 Unit 4 Parking Spaces: 0 Number of Furnished Units: 0

  • April, 2019

  • Apr 2, 2019

    Date

    Expired

    CRMLS: 190000765

    $569,000

    Price

  • Jan 4, 2019

    Date

    Active

    CRMLS: 190000765

    $569,000

    Price

  • Listing provided courtesy of CRMLS

    2 units in up and coming Barrio Logan. 3 beds 1bath and 2nd unit is 3 beds 2baths. These units can bring in top rents with new owner. Great for first time buyer to live in one and rent the other unit for income or great investment property with low maintenance. This property has a huge yard! Close to freeways, shopping and schools. Buyer and Buyers agent to verify all before the close of escrow this includes all bed and bath counts, sq footage, permits, lot size, interior living sq ft, etc. Buyer should fully satisfy self before closing escrow with all inspections necessary. Neighborhoods: Ocean View Other Fees: 0 Unit # for Unit 1: 3428 Unit # for Unit 2: 3430 Unit 1 Parking Spaces: 0 Unit 2 Parking Spaces: 0 Unit 3 Parking Spaces: 0 Unit 4 Parking Spaces: 0 Number of Furnished Units: 0

  • January, 2019

  • Jan 1, 2019

    Date

    Expired

    CRMLS: 180049645

    $569,000

    Price

  • Dec 20, 2018

    Date

    Price Change

    CRMLS: 180049645

    $569,000

    Price

  • Oct 30, 2018

    Date

    Price Change

    CRMLS: 180049645

    $575,000

    Price

  • Sep 5, 2018

    Date

    Active

    CRMLS: 180049645

    $579,000

    Price

  • Listing provided courtesy of CRMLS

    2 units in up and coming Barrio Logan. 3 beds 1bath and 2nd unit is 3 beds 2baths. These units can bring in top rents with new owner. Great for first time buyer to live in one and rent the other unit for income or great investment property with low maintenance. This property has a huge yard! Close to freeways, shopping and schools. Buyer and Buyers agent to verify all before the close of escrow this includes all bed and bath counts, sq footage, permits, lot size, interior living sq ft, etc. Buyer should fully satisfy self before closing escrow with all inspections necessary. Neighborhoods: Ocean View Other Fees: 0 Unit # for Unit 1: 3428 Unit # for Unit 2: 3430 Unit 1 Parking Spaces: 0 Unit 2 Parking Spaces: 0 Unit 3 Parking Spaces: 0 Unit 4 Parking Spaces: 0 Number of Furnished Units: 0

  • January, 2013

  • Jan 31, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2011

  • May 13, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3428 Martin Ave

Assessed Value (2020): $233,962
Year Land Value Improved Value Assessed Value
2020 $132,294 $101,668 $233,962

Home Value Compared to the Market

This property vs the competition

3428 Martin Ave is listed 4.86% higher than the median list price for the city of San Diego which has a median list price of $925,000.

About 3428 Martin Ave

Detailed summary of property

3428 Martin Ave is a multi family located in San Diego, CA 92113 and is currently for sale. This multi family property offers 6 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 3428 Martin Ave was first listed on ArdentRealEstateGroup.com on November 7, 2023. The homeowner is currently asking $880,000-$970,000 and was originally asking $995,000. The median priced home in San Diego is $925,000 with a median price per square foot of $708. Based on Ardent Real Estate Group's San Diego Market Data, this home is listed 4.86% higher than the median priced home. Local competing homes currently for sale include 1225 W Pearl St, 110 Orange Grove Ave and 114 J St. While the average home in San Diego, CA is selling in 79 days, 3428 Martin Ave has a days on market of 168 days. There are currently 2436 homes for sale in the San Diego real estate market and 1250 of them are single family homes while 986 of them are condos and 200 are townhomes. For more information on this home for sale at 3428 Martin Ave San Diego, CA 92113 contact Ardent Real Estate Group and we will put you in touch with one of our San Diego agents.

Public Facts for 3428 Martin Ave

Public county record property details
Beds
2
Baths
2
Year built
--
Sq. Ft.
1,034
Lot Size
5,174
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
San Diego
Lot#
7,8
APN
545-642-27-00

The source for these homes facts are from public records.

92113 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$629,000
Median List Price/Sq.Ft.
$565
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$600
Total Inventory
37
Median Sale to List Price %
110%
Avg Days on Market
20
Loan Type
Conventional (83.33%), FHA (16.67%), VA (0%), Cash (0%), Other (0%)

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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.