$787,500
SOLD SEP 4, 2012

1015 W Palm St San Diego, CA 92103

Middletown Neighborhood
5 Beds
4 Baths
3,200 Sq Ft
6,747 Sq Ft Lot

Recently Sold

$246 Per Sq Ft

5% Above List Price

20 Days on Market

Highlights

  • Ocean View
  • 4-minute walk to Middletown
  • Partially Fenced Property
  • Grant K-8 Rated A-
  • Zoned Cooling
  • Gentle Sloping Lot

About This Home

As of November 2017

Excellent opportunity. Two large owner units with fireplaces, hardwood floors, barrel ceilings, and sweeping water views. Third unit is a large one bedroom with big patio. All have double paned windows and new heat and A/C. Two car and a one car garage complement this fine property. Plenty of private outside space for the tenants or owners.

Last Agent to Sell the Property

Jim Scott

Scott & Quinn Real Estate License #00830226 Listed on: 06/13/2012

Co-Listed By

Rocky Rockhill

Coldwell Banker West License #01197738

Last Buyer's Agent

Jim Tyner

Home Solutions Group- Realty & Mortgage License #01803901

Property Details

Home Type

  • Multi-Family

Year Built

  • 1930

Lot Details

  • 6,747 Sq Ft Lot
  • Partially Fenced Property
  • Gentle Sloping Lot

Property Views

  • Ocean
  • Panoramic
  • City Lights

Home Design

  • Rolled or Hot Mop Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 451-662-16

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 3 Units
  • Net Operating Income $37,500

Property Details

Home Type

Multi-Family

Year Built

1930

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: India
  • Neighborhood: Middletown
  • Stories: 3 Story
  • Sale Price List Price: 1.04
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Exterior Features

  • Exterior Material: Stone, Wood
  • Fencing: Partial
  • Roof: Rolled/Hot Mop
  • View: City, Evening Lights, Ocean, Panoramic

Utilities

  • Cooling: Central Forced Air, Heat Pump(s), Zoned Area(s)
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: MISSION HILLS

Schools

  • School District URL: https://www.sandiegounified.org/

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Slope Gentle
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 451-662-16
  • Land Use Code: R3
  • Estimated Lot Sq Ft: 6747

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 37500
  • Annual Expense Actual: 15000
  • Gross Rent Multiplier Actual: 14.26
  • Gross Sched Income Actual: 52500
  • Gross Sched Income Projected: 52500
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 3
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2020 04/23/20 Rented $2,800 -3.3% --
04/22/2020 04/22/20 Price Changed $2,895 -3.3% $2 / Sq Ft
04/08/2020 04/08/20 For Rent $2,995 0.0% --
11/20/2017 11/20/17 Sold $1,495,000 -9.3% $451 / Sq Ft
10/12/2017 10/12/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $1,649,000 +109.4% $497 / Sq Ft
09/04/2012 09/04/12 Sold $787,500 +5.1% $246 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $749,000 -- $234 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Greg Flaherty

    Seller's Agent in 2020

    Greg Flaherty

    Penny Realty

    (858) 692-0185

    41 Total Sales

    Greg Flaherty
    Section Image

  • G

    Buyer's Agent in 2020

    Gregory Flaherty

    Penny Realty

  • Jim Tyner

    Seller's Agent in 2017

    Jim Tyner

    Home Solutions Group- Realty & Mortgage

    (619) 392-4074

    1 in this area

    15 Total Sales

    Jim Tyner
    Section Image
  • Tugg Snowbarger

    Buyer's Agent in 2017

    Tugg Snowbarger

    Grand Pacific Properties Group

    (619) 318-9600

    53 Total Sales

    Tugg Snowbarger
    Section Image
  • Jim Scott

    Seller's Agent in 2012

    Jim Scott

    Scott & Quinn Real Estate

    (619) 920-9511

    2 in this area

    30 Total Sales

    Jim Scott
    Section Image
  • Rocky Rockhill

    Seller Co-Listing Agent in 2012

    Rocky Rockhill

    Coldwell Banker West

    (619) 972-3033

    2 in this area

    37 Total Sales

    Rocky Rockhill
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 120030314

San Diego MLS

APN: 451-662-16-00

California San Diego County San Diego 92103 Middletown

1015 W Palm St, San Diego, CA

This home is located at 1015 W Palm St, San Diego, CA 92103 and is currently priced at $787,500, approximately $246 per square foot. This property was built in 1930. 1015 W Palm St is a home located in San Diego County with nearby schools including Grant K-8, Richard Henry Dana Middle School, and Roosevelt International Middle School.

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