NOT LISTED FOR SALE
5 Beds
3 Baths
1,950 Sq Ft
2,303 Sq Ft Lot

Last Sold April 30, 2024

Last sale price $1,035,000 $531 Per Sq Ft

15 Days on Market

Highlights

  • Corner Lot
  • Gated Home
  • Heating Available
  • Tankless Water Heater
  • Gentle Sloping Lot

About This Home

As of April 2024

Brand New Construction Duplex style two story building on a fabulous corner lot location. These are turn key units ready for immediate occupancy. Buyers can determine their own rent schedule. The larger 3/2, 1,265 sqft (2 story) unit has a gated/secured covered carport with direct access to the living area. The smaller second unit is a 2/1, 685 sqft single level and has a private secured/gated access with on street parking directly in front. Both units are separately metered and each have electric PV solar, tankless water heaters, all appliances including washers/dryers inside each unit. Brand new Split Systems provide full independent Heat/AC. High quality finishes, quartz counters, hardwood cabinets, luxury laminate flooring, quality stainless appliances...all included. Waling distance to brand new Ralph Waldo Emerson Elementary. Extensive community regentrification already in process. Hud Qualified Opportunity Zone provides huge tax benefits.

Last Agent to Sell the Property

Kelly Jones

Redfin Corporation License #01318820 Listed on: 03/27/2024

Redfin Corporation

Last Buyer's Agent

Michael Farrell

Ponto Properties License #02015027

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2023

Lot Details

  • 2,303 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Corner Lot
  • Gentle Sloping Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Schools

  • San Diego Unified School District Elementary School

Utilities

  • Heating Available
  • Separate Water Meter
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, sewer, trash, water
  • Assessor Parcel Number 550-201-10-00

Community Details

Overview

  • 2 Units
  • South Crest Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Newton Ave
  • Neighborhood: South Crest
  • Stories: 2 Story
  • Sale Price List Price: 0.95
  • Total Stories: 2
  • Year Built: 2023
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas, Tankless

Condo/Co-op/Association

  • Complex Name: South Crest
  • Pets Allowed: Yes

Schools

  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Corner Lot, Public Street, Sidewalks
  • Topography: Slope Gentle
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 550-201-10-00
  • Estimated Lot Sq Ft: 2303
  • Estimated Number of Acres: 0.05

Rental Info

  • Tenant Pays: Electricity, Gas/Propane, Sewer, Trash, Water

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 157.0
  • Gross Sched Income Projected: 7000
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

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
04/30/2024 04/30/24 Sold $1,035,000 -5.5% $531 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $1,095,000 +325.2% $562 / Sq Ft
12/17/2020 12/17/20 Sold $257,500 -6.4% $394 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $274,990 -- $420 / 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: 240006464

San Diego MLS

APN: 550-201-10-00