NOT LISTED FOR SALE
2 Beds
2 Baths
1,843 Sq Ft
1925 Built

Last Sold May 24, 2022

Last sale price $1,200,000 $651 Per Sq Ft

Highlights

  • RV Garage
  • Floor Furnace
  • Cross Fenced
  • Birney Elementary School Rated A

About This Home

As of May 2022

One of a kind opportunity! First time on the market - House passed down through extended family. This 1925 Bungalow with all its original charm holds so much potential and options. Centrally located in one of the most desired neighborhoods of San Diego - University Heights. Situated in the middle of North Park, Mission Hills, Hillcrest, with easy freeway access and one block from historical Vermont St. Bridge. Investor friendly multi- unit needing some tender, love, and care. Main house has 1 bed/ 1 bath + 1 optional, 2 car detached garage w/ alley access and 1 bedroom + 1 full bath and kitchen- ADU/Unit above it. Huge opportunity and potential awaits.

Last Agent to Sell the Property

Joseph Acosta

Keller Williams San Diego Metro License #02036760 Listed on: 05/02/2022

Keller Williams San Diego Metro

Last Buyer's Agent

Aviv Levy

Accredited Financial Group License #02075155

Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Home Design

  • Composition Roof

Parking

  • Alley Access
  • RV Garage

Utilities

  • Floor Furnace
  • Separate Water Meter

Additional Features

  • 2-Story Property
  • Cross Fenced

Listing and Financial Details

  • Tenant pays for fees
  • Assessor Parcel Number 445-480-08-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • University Heights Community

Building Details

  • Net Operating Income $85,000

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Washington
  • Neighborhood: University Heights
  • Stories: 2 Story
  • Sale Price List Price: 0.92
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Cross Fencing
  • Roof: Composition

Garage/Parking

  • Parking for RV: Garage

Utilities

  • Water: Meter on Property
  • Heat Equipment: Floor Furnace

Condo/Co-op/Association

  • Complex Name: University Heights
  • Community: UNIVERSITY HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Sidewalks
  • Assessor Parcel Number: 445-480-08-00

Rental Info

  • Tenant Pays: Other Fees

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 85000
  • Annual Expense Actual: 100000
  • Gross Rent Multiplier Actual: 100000.0
  • Gross Sched Income Actual: 60000
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 1
  • Number Of Units With Refrigerator: 1
  • Other Income Actual: 55000

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
05/24/2022 05/24/22 Sold $1,200,000 -7.7% $651 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $1,300,000 -- $705 / 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: 220010467

San Diego MLS