NOT LISTED FOR SALE

1059-61 Johnson Ave San Diego, CA 92103

University Heights Neighborhood
6 Beds
4 Baths
2,350 Sq Ft
1920 Built

Last Sold March 26, 2021

Last sale price $1,710,000 $728 Per Sq Ft

38 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • 1-Story Property
  • Birney Elementary School Rated A
  • Wood Siding

About This Home

As of March 2021

Incredible investment opportunity with income already being generated on this 2 unit lot. The property has been newly remodeled and includes (2) detached 3 bedroom units - each with their own garage, private outdoor yard space with fire table and washer/dryer. All of this located in a great neighborhood within walking distance to Hillcrest's best restaurants, coffee shops, entertainment and a short drive to Balboa Park, the San Diego Zoo, Downtown/Little Italy and the beaches!

Last Agent to Sell the Property

Seth O'Byrne

Compass License #01463479 Listed on: 01/13/2021

Compass

Co-Listed By

Alina Mendoza

Compass License #01820197

Last Buyer's Agent

Sarah Carlson

Side, Inc. License #01947884

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,292 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 444-371-07-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • 1059 61 Johnson Community

Building Details

  • Net Operating Income $108,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Lincoln Ave
  • Neighborhood: University Heights
  • LP / Sq Ft: 13.65
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1920
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco, Wood
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: 1059-61 Johnson
  • Community: UNIVERSITY HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 444-371-07-00
  • Estimated Lot Sq Ft: 7292

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 108200
  • Annual Expense Actual: 31800
  • Gross Rent Multiplier Actual: 12.5
  • Gross Rent Multiplier Projected: 10.9
  • Gross Sched Income Actual: 140000
  • Gross Sched Income Projected: 160000
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Garage: 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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List Price
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 List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $1,710,000 -2.3% $728 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $1,750,000 -- $745 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Seth O'Byrne

    Seller's Agent in 2021

    Seth O'Byrne

    Compass

    (858) 869-3940

    4 in this area

    186 Total Sales

    Seth O'Byrne
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Alina Mendoza

    Compass

    Section Image
  • Sarah Carlson

    Buyer's Agent in 2021

    Sarah Carlson

    Side, Inc.

    (858) 735-0216

    1 in this area

    35 Total Sales

    Sarah Carlson
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 210000865

San Diego MLS
California San Diego County San Diego 92103 University Heights

1059-61 Johnson Ave, San Diego, CA

This home is located at 1059-61 Johnson Ave, San Diego, CA 92103 since 13 January 2021. This property was built in 1920. 1059-61 Johnson Ave is a home located in San Diego County with nearby schools including Birney Elementary School, Roosevelt International Middle School, and North Park Christian School.

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