Welcome to 4469-4475 Altadena Ave, a newly constructed four-unit development in Talmadge! Designed for savvy investors, 1031 exchange buyers, or homeowners looking to live in one unit while renting the others, this is your opportunity to step into immediate passive income. The property consists of three independent structures totaling four… Read More units, with three units currently occupied at fair market rents. Each unit offers a 1-bedroom, 1-bath layout ranging from 433 square feet up to 584 square feet for the largest unit. The original home built in 1939 has been remodeled to reflect the same new condition of the newly constructed 3 additional units. Each unit is equipped with modern conveniences and energy-efficient features to maximize comfort and appeal. Enjoy newly installed kitchens and bathrooms, luxury vinyl flooring, mini-split heating and air systems, and tankless water heaters. The units also include stainless steel appliances, including refrigerators, and in-unit washers and dryers, ensuring a seamless living experience. Solar on the 3 new units offers monthly savings! There is a common area fenced-in patio in front and 3 off-street parking spaces, providing convenience for tenants. Situated near SDSU, major hospitals, shopping centers, as well as San Diego’s iconic beaches, this property is ideally located to attract a wide range of tenants—from military professionals and students to those seeking vibrant urban living. Whether you're looking for a turnkey rental property or a strategic long-term investment, this is the perfect opportunity to grow your portfolio. Read Less
Listing Snapshot
Days Online
27
Last Updated
Property Type
Other
Lot Size
0.09 Acres
Year Built
2024
MLS Number
250000471SD
30 Days Snapshot Of 92115
$955k
+39%
(avg) sold price
19
-9%
homes sold
56
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
TanklessWaterHeater
Building
Built in 2024, Levels: One, 1 story, 3 buildings
Cooling
WallWindowUnits
Fence
Partial
Heating
NaturalGas
Income
Net operating income: $64,085
Lot
0.086 acres, 3,745 square feet, Size: 3,745
Pool
None
Roof
Composition
Spa
None
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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