PENDING ON SEP 26, 2023

3941-45 Georgia St,
San Diego, CA 92103

$1,475,000

Est. $10,510/moGet pre-approved

Beds

2,070

Sq Ft

About this home

Opportunity Knocks in University Heights/Hillcrest!! Rare find in the red-hot University Heights/Hillcrest Complete Communities FAR Tier 2 area! This property offers an exceptional investment opportunity. Main House: Cozy 2-bedroom house with one bathroom, washer/dryer, and a full kitchen. An amazing balcony deck overlooks the bustling neighborhood of North Park. Approximately 850sq ft. Income Potential: 2 single-bedroom apartments located above 4 garages at the back of the property. Each approximately 520 sq ft. A studio apartment under the main house, rented successfully for 20 years (non-permitted). Outdoor Oasis: Beautifully landscaped shared yard with lush foliage, plants, trees, and bushes. Enjoy privacy and the San Diego sunset on the generous deck with a glass of wine. Are you ready to seize a prime investment opportunity in the red-hot University Heights/Hillcrest Complete Communities FAR Tier 2 area? This charming property beckons with its promise of potential and a truly inviting atmosphere.

Listed by Christopher Pacilio •DRE #02066722 • eXp Realty of California, Inc.

•619-704-3837 (agent)

•chris@gluchgroupsd.com (agent)

Listed by Ashley Ellis •DRE #02182838 • eXp Realty of California, Inc.

Contact: 619-704-3837

Redfin checked: 3 minutes ago (Sept 28, 2023 at 1:01pm)

•Source:SDMLS #230018308

Time on Redfin

4 days

Property Type

Multi-Family (2-4 Unit)

Year Built

1922

Community

San Diego

Lot Size

6,996 Sq. Ft.

Est. Mo. Payment

$10,510

Redfin Estimate

$1,505,839

Price/Sq.Ft.

$713

Buyer’s Agent Commission

Street View

Directions

Payment calculator

$10,510 per month

Principal and interest$8,580

Property taxes$1,536

Homeowners' insurance$393

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Property details for 3941-45 Georgia St

Interior

Virtual Tour

Virtual Tour (External Link)

Heating & Cooling

Cooling: Wall/Window Unit

Heat Equipment: Other (See Remarks)

Multi-Unit Information

# of Units: 4

# of Units With Cooling: 2

# of Units With Dishwashers: 1
# of Units With Dryers: 2
# of Units With Garage: 4
# of Units With Patios: 4
# of Units With Range/Oven: 4
# of Units With Refrigerator: 4
# of Units With Washers: 2
Annual Expense (Actual): $24,000
Net Operating Income (Actual): $55,920
Gross Scheduled Income (Projected): $8,000
Tenant Pays: Trash, Electricity, Gas/Propane, Hot Water

Unit 1 Information

Unit Number: 3941

# of Bedrooms: 1

# of Baths (Total): 1
# of Baths (Full): 1
Laundry Hook-Ups: Yes
Estimated Sq. Ft.: 520
Parking Garage Space: 1
Parking Non-Garage Space: 0
Deposit: $500
Rent (Actual): $1,265
Rent (Projected): $2,000

Unit 2 Information

Unit Number: 3943

# of Bedrooms: 2

# of Baths (Total): 1
# of Baths (Full): 1
Laundry Hook-Ups: Yes
Estimated Sq. Ft.: 850
Parking Garage Space: 1
Deposit: $2,000
Rent (Projected): $3,000

Unit 3 Information

Unit Number: 3945

# of Bedrooms: 1

# of Baths (Total): 1
# of Baths (Full): 1
Laundry Hook-Ups: No
Estimated Sq. Ft.: 520
Parking Garage Space: 1
Deposit: $1,000
Rent (Actual): $1,745
Rent (Projected): $2,000

Unit 4 Information

Unit Number: 3941 1/2

# of Baths (Total): 1

# of Baths (Full): 1
Laundry Hook-Ups: No
Estimated Sq. Ft.: 180
Parking Garage Space: 0
Deposit: $500
Rent (Actual): $825
Rent (Projected): $825

Exterior

Exterior Features

Construction: Stucco, Wood

Fencing: Other (See Remarks)

Building Information

# of Buildings: 1

Year Built: 1922

Total Stories: 1
Roof: Composition

Property Information

# of Units in Building: 8,000

Res Income 2-4 Units

Sq. Ft. Source: Assessor Record

Lot Information

# of Acres (Approximate): 0.16

Lot Size: 4,000-7,499 Sq. Ft.

Lot Size Source: Assessor Record

Utilities

Utility Information

Sewer Connected

Other

Listing Information

Compensation to Buy-Side Broker: 2

Listing Date Information

LVT Date: 2023-09-22

Details provided by SDMLS and may not match the public record. Learn more.

Sale and tax history for 3941-45 Georgia St

Sale History
Tax History

Public facts and zoning for 3941-45 Georgia St

Beds

Baths

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,478

Stories

Lot Size

6,996 Sq. Ft.

Style

Multi-Family (2-4 Unit)

Year Built

2022

Year Renovated

2022

County

San Diego County

APN

4456710900

Home facts updated by county records on Aug 6, 2023.

Zoning

RM-3-9 | Permitted: Single-Family, Multi-Family, ADU, Commercial, Industrial

Schools

This home is within the San Diego Unified School District.

Showing nearby schools. Please check the school district website to see all schools serving this home.

GreatSchools Summary Rating

9/10

Birney Elementary School

Public, K-5 • Serves this home • 0.5mi

5/10

Roosevelt International Middle School

Public, 6-8 • Serves this home • 0.7mi

-/10

Home & Hosp/transition Support

Public, K-12 • Nearby school • 0.4mi

-/10

Alba School

Public, 1-12 • Nearby school • 0.6mi

School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.

Around this home

Transportation near 3941-45 Georgia St

93/100

Walker's paradise

Walk Score®

56/100

Good transit

Transit Score®

49/100

Somewhat bikeable

Bike Score®

Places

5 groceries, 20 restaurants, 0 parks

Transit

1, 10, 11, 215, 6, 7

Climate risks

About climate risks

Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.

Risk Factor

Flood Factor - Minimal

Unlikely to flood in next 30 years

Fire Factor - Minimal

Unlikely to be in a wildfire in next 30 years

Heat Factor - Moderate

7 days above 87° expected this year, 20 days in 30 years

Wind Factor - Minimal

Minimal risk of severe winds over next 30 years

Provided by First Street Foundation

Redfin Estimate for 3941-45 Georgia St

$1,505,839

$31K over list price of $1.48M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $1.3M to $1.8M..

1 / 28
SOLD AUG 14, 2023
$1,280,000 Sold Price
5 Beds
2 Baths
1,720 Sq. Ft.
4333 Florida St, San Diego, CA 92104
$31/sq ft
smaller lot
32 years newer
4333 Florida St, San Diego, CA 92104
1 / 75
SOLD JUL 25, 20233D WALKTHROUGH
$1,825,000 Sold Price
3 Beds
2 Baths
2,438 Sq. Ft.
3674 Louisiana, San Diego, CA 92104
$36/sq ft
11 years older
3674 Louisiana, San Diego, CA 92104
1 / 35
SOLD JUL 31, 2023
$1,350,000 Sold Price
4 Beds
3 Baths
1,280 Sq. Ft.
3529 Utah St, San Diego, CA 92104
$342/sq ft
20 years newer
3529 Utah St, San Diego, CA 92104
1 / 45
SOLD MAY 8, 20233D WALKTHROUGH
$1,414,000 Sold Price
4 Beds
2 Baths
1,738 Sq. Ft.
4085 32nd St, San Diego, CA 92104
$101/sq ft
smaller lot
7 years older
4085 32nd St, San Diego, CA 92104
1 / 44
SOLD BY REDFIN MAR 29, 20233D & VIDEO TOUR
$1,555,000 Sold Price
3 Beds
3 Baths
1,518 Sq. Ft.
1287 Lincoln Ave, San Diego, CA 92103
$311/sq ft
smaller lot
93 years newer
1287 Lincoln Ave, San Diego, CA 92103
1 / 44
SOLD AUG 8, 20233D & VIDEO TOUR
$1,525,000 Sold Price
3 Beds
1.5 Baths
1,491 Sq. Ft.
1229 Golden Gate Dr, San Diego, CA 92116
Ascent Property Management
$310/sq ft
smaller lot
5 years newer
1229 Golden Gate Dr, San Diego, CA 92116

Real estate market insights for 3941-45 Georgia St

Multi-Family Home sales (last 30 days)

Western San DiegoNeighborhood
$1.85M
Median list price
28
Median days on mkt.
21
# listed homes
$794
Median $ / sq. ft.
110.0%
Median sale-to-list
3
# sold homes
North ParkNeighborhood
$1.6M
Median list price
26
Median days on mkt.
9
# listed homes
$794
Median $ / sq. ft.
110.0%
Median sale-to-list
3
# sold homes
92103ZIP
$1.95M
Median list price
35
Median days on mkt.
11
# listed homes
$619
Median $ / sq. ft.
119.3%
Median sale-to-list
1
# sold homes
San DiegoCity
$1.59M
Median list price
35
Median days on mkt.
100
# listed homes
$744
Median $ / sq. ft.
100.6%
Median sale-to-list
29
# sold homes
San Diego CountyCounty
$1.5M
Median list price
40
Median days on mkt.
182
# listed homes
$607
Median $ / sq. ft.
100.3%
Median sale-to-list
53
# sold homes

Market competition in Western San Diego

Calculated over the last 3 months

Very Competitive

Redfin Compete Score™

100

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 9 days.
Hot homes can sell for about 6% above list price and go pending in around 6 days.

Compare to nearby neighborhoods

Pacific Beach is somewhat competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 16 days.
Hot homes can sell for about 2% above list price and go pending in around 8 days.

North Park is most competitive

Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 7 days.
Hot homes can sell for about 9% above list price and go pending in around 5 days.

What it takes to win an offer near Western San Diego

This home is pending

The seller has accepted an offer, and this property is now .

Have questions?

Chris Priola

San Diego Redfin Agent

Chris Priola typically replies in about 4 minutes

Nearby similar homes

Homes similar to 3941-45 Georgia St are listed between $1M to $3M at an average of $925 per square foot.

1 / 3

NEW 1 HR AGO

$2,815,000

—Beds

—Baths

—Sq. Ft.

3961 Georgia St, San Diego, CA 92103

1 / 3

NEW 23 HRS AGO

$2,545,000

—Beds

—Baths

—Sq. Ft.

2827-2829 Broadway, San Diego, CA 92102

1 / 10

$1,400,000

4 Beds

3 Baths

1,400 Sq. Ft.

3550-54 Madison Ave, San Diego, CA 92116

1 / 13

NEW 20 HRS AGO

$1,995,000

4 Beds

4 Baths

2,640 Sq. Ft.

4433-39 Illinois St, San Diego, CA 92116

1 / 25

$1,595,000

4 Beds

3 Baths

1,100 Sq. Ft.

4568-4570 Florida St, San Diego, CA 92116

1 / 23

$2,899,999

7 Beds

4 Baths

4,700 Sq. Ft.

720-22 W Juniper St, San Diego, CA 92101

Nearby recently sold homes

Nearby homes similar to 3941-45 Georgia St have recently sold between $580K to $2M at an average of $695 per square foot.

1 / 36

SOLD MAY 9, 2023

$1,275,000 Last Sold Price

4 Beds

2 Baths

—Sq. Ft.

1901 Howard Ave, San Diego, CA 92104

1 / 30

SOLD APR 5, 2023

$1,169,000 Last Sold Price

—Beds

—Baths

1,227 Sq. Ft.

1024-22 Pascoe St, San Diego, CA 92013

1 / 11

SOLD APR 11, 2023

$580,000 Last Sold Price

—Beds

—Baths

—Sq. Ft.

8th Ave, San Diego, CA 92103

More real estate resources

New Listings in 92103
Neighborhoods
Zip Codes
Nearby Cities
Popular Searches

3528-38 Indiana St	4082 Ingalls St	All 92103 New Listings
3961 Georgia St	3310 1St Ave Unit 3C
4259-61 Maryland St	3650 Front St
3060 6th Ave #15	2500 6th Ave #804
3577 Third Ave	1621 HOTEL Cir S #327

Frequently asked questions for 3941-45 Georgia St

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When was this home built and last sold?

How competitive is the market for this home?

Based on Redfin's market data from the past 3 months, we calculate that market competition in North Park, this home's neighborhood, is most competitive. Homes sell for about 4% above list price and go pending in around 7 days. Hot homes can sell for about 9% above list price and go pending in around 5 days. Compared to nearby markets, North Park is more competitive than Pacific Beach and as competitive as North Park.

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