NOT LISTED FOR SALE
7 Beds
4 Baths
3,750 Sq Ft
1927 Built

Last Sold October 05, 2012

Last sale price $740,000 $197 Per Sq Ft

43 Days on Market

About This Home

As of October 2012

The property is comprised of (3) 2 Bedroom / 1 Bath Units and (1) 1 Bedroom / 1 Bathroom Unit. Owner's unit has large wrap-around patio for entertaining, including a covered spa. All square footages are estimated by owner, buyer to verify exact square footage and any and all permits. Washer and dryer in owner's unit, not for the use of all tenants. Owner unit rent projected. The property is comprised of two separate APN's 534-162-37-00 and 534-162-36-00. Contact agent for Marketing Info.

Last Agent to Sell the Property

Joe Ramos

L4 MANAGEMENT, INC. License #01496498 Listed on: 06/20/2012

Last Buyer's Agent

Joe Ramos

L4 MANAGEMENT, INC. License #01496498 Listed on: 06/20/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • 1927

Home Design

  • Rolled or Hot Mop Roof

Additional Features

  • 1-Story Property
  • Gated Home
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for fees
  • Assessor Parcel Number 534-162-36-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Net Operating Income $38,213

Property Details

Home Type

Multi-Family

Year Built

1927

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Central
  • Cross Street: A Street
  • Neighborhood: Golden Hill
  • LP / Sq Ft: 212
  • Price Per Sq Ft: 197.33
  • SP/ Sq Ft: 197.33
  • Stories: 1 Story
  • Sale Price List Price: 0.93
  • Unit Sq Ft: 3750
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1927

Exterior Features

  • Fencing: Gate
  • Roof: Rolled/Hot Mop

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 534-162-36-00
  • Land Use Code: MF

Rental Info

  • Tenant Pays: Other Fees

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 38213
  • Annual Expense Actual: 19791
  • Gross Rent Multiplier Actual: 13.02
  • Gross Rent Multiplier Projected: 11.32
  • Gross Sched Income Actual: 61056
  • Gross Sched Income Projected: 70200
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 1

Range of Values:

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ICE

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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
10/05/2012 10/05/12 Sold $740,000 -10.7% $197 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
06/19/2012 06/19/12 For Sale $829,000 -- $221 / 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: 120031491

San Diego MLS