NOT LISTED FOR SALE
8 Beds
3 Baths
2,394 Sq Ft
2003 Built

Last Sold June 01, 2017

Last sale price $679,000 $284 Per Sq Ft

71 Days on Market

Highlights

  • Partially Fenced Property
  • Wood Siding
  • 1-Story Property
  • Level Lot

About This Home

As of June 2017

Price reduction as of 4-27 Seller wants property sold now!!!! 2003 Construction !! 5.94% Best Cap rate in Area. This offers new owner a super money maker!!! New exterior paint and one of 3 units completely remodeled. Property gross rents are 5000/mo !!!

Last Agent to Sell the Property

Don Swanson

Don Swanson, Real Estate License #01271617 Listed on: 02/15/2017

Last Buyer's Agent

Angela Kim

AK Real Estate License #01931585

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 7,065 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Tar and Gravel Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Gravity Heating 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 539-572-15-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Open Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $44,517

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: C St
  • Neighborhood: Golden Hill
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 2003
  • Allow Comments Review: Yes
  • Internet Address Field: Partial Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Partial
  • Pool Heat: Electric
  • Roof: Rock/Gravel

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: open
  • Pets Allowed: Yes
  • Community: SAN DIEGO

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 539-572-15-00
  • Land Use Code: mr1
  • Estimated Lot Sq Ft: 7065

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 44517
  • Annual Expense Actual: 13683
  • Gross Rent Multiplier Actual: 12.0
  • Gross Sched Income Actual: 60000
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Range of Values:

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Sold Price
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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
06/01/2017 06/01/17 Sold $679,000 -3.0% $284 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/19/2017 04/19/17 Price Changed $699,900 -2.5% $292 / Sq Ft
04/10/2017 04/10/17 Price Changed $718,000 -0.1% $300 / Sq Ft
03/17/2017 03/17/17 Price Changed $719,000 -2.7% $300 / Sq Ft
03/11/2017 03/11/17 Price Changed $739,000 -1.3% $309 / Sq Ft
03/07/2017 03/07/17 Price Changed $749,000 -3.9% $313 / Sq Ft
02/28/2017 02/28/17 Price Changed $779,000 -2.5% $325 / Sq Ft
02/15/2017 02/15/17 For Sale $799,000 -- $334 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 170007835

San Diego MLS