NOT LISTED FOR SALE

1210-16 Essex St San Diego, CA 92103

Hillcrest Neighborhood
3 Beds
4 Baths
1,925 Sq Ft
5,227 Sq Ft Lot

Last Sold July 31, 2020

Last sale price $1,255,000 $652 Per Sq Ft

19 Days on Market

Highlights

  • Cross Fenced
  • Wood Siding
  • 5-minute walk to Cabrillo Canyon Entrance
  • Birney Elementary School Rated A
  • 1-Story Property

About This Home

As of July 2020

4 unit, pride of ownership property located in the highly desirable neighborhood of Hillcrest. Lauded for its eclectic vibe and pedestrian-friendly streets and sidewalk patios, Hillcrest stretches almost a dozen blocks west from Normal Street along University Avenue with a colorful mix and array of coffee houses, restaurants, and bars. This recently renovated property rests on an approximate 5,200 SF lot with 1,730 of rentable SF.

Last Agent to Sell the Property

Carson Trujillo

Whitewater CRE Inc License #01974818 Listed on: 06/12/2020

Co-Listed By

Danielle Vera

Marcus & Millichap License #01297138

Last Buyer's Agent

Michael McNally

Pacific Commercial Mgmt License #00887664

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 5,227

Home Design

  • Composition Roof
  • Wood Siding

Additional Features

  • 1-Story Property
  • Cross Fenced

Listing and Financial Details

  • Tenant pays for water, electricity
  • Assessor Parcel Number 452-151-27-00

Community Details

Overview

  • 5 Buildings
  • 4 Units
  • Complex Community

Building Details

  • Net Operating Income $52,343

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Vermont & Richmond
  • Neighborhood: Hillcrest
  • LP / Sq Ft: 21.27
  • Stories: 1 Story
  • Sale Price List Price: 0.91
  • Total Stories: 1
  • Year Built: 1930
  • 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: Wood
  • Fencing: Cross Fencing
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: Complex
  • Community: HILLCREST

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 452-151-27-00

Rental Info

  • Tenant Pays: Water, Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 52343
  • Annual Expense Actual: 22501
  • Annual Expense Projected: 22501
  • Gross Rent Multiplier Actual: 18.06
  • Gross Rent Multiplier Projected: 15.48
  • Gross Sched Income Actual: 76128
  • Gross Sched Income Projected: 85800
  • Number Of Buildings: 5
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Garage: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 1000
  • Other Income Projected: 1000.0

Range of Values:

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Average Value
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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 Change Sq Ft Price
07/31/2020 07/31/20 Sold $1,255,000 -8.7% $652 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $1,375,000 +34.1% $714 / Sq Ft
04/28/2017 04/28/17 Sold $1,025,000 -2.4% $532 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $1,050,000 -- $545 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Carson Trujillo

    Seller's Agent in 2020

    Carson Trujillo

    Whitewater CRE Inc

    (858) 373-3285

    2 in this area

    34 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2020

    Danielle Vera

    Marcus & Millichap

    (858) 735-6632

    1 in this area

    23 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    Michael McNally

    Pacific Commercial Mgmt

    Section Image
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Map

Source: San Diego MLS

MLS Number: 200027143

San Diego MLS

California San Diego County San Diego 92103 Hillcrest

1210-16 Essex St, San Diego, CA

This home is located at 1210-16 Essex St, San Diego, CA 92103 since 12 June 2020. This property was built in 1930. 1210-16 Essex St 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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