$806,000
SOLD AUG 11, 2020
4 Beds
2 Baths
1,953 Sq Ft
3,312 Sq Ft Lot

Recently Sold

$413 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • City Lights View
  • Partially Fenced Property
  • 1-Story Property
  • Fireplace
  • Gentle Sloping Lot

About This Home

As of September 2023

Amazing opportunity, two on one located near The University of San Diego with great income potential. Lauretta St: Two story, 2 bedroom, 1 bathroom, plus a separate den/office featuring hardwood flooring and an upgraded bathroom and kitchen. Currently rented at $2,300 month. Colusa St: Single level 2 bedroom/1 bathroom with an attached one-car garage offering dual pane windows, a cozy fireplace, and hardwood flooring. Currently rented at $2,100 a month. Conveniently located, just minutes away from shopping, dining, parks, Fiesta Island, golf amenities, Interstates 5 and 8, plus so much more. Don’t let this opportunity pass you by!

Last Agent to Sell the Property

Tamara Markey

Redfin License #01372439 Listed on: 07/17/2020

Redfin

Last Buyer's Agent

Dan Floit

Floit Properties License #00701020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 3,312 Sq Ft Lot
  • Partially Fenced Property
  • Gentle Sloping Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Fireplace
  • City Lights Views

Eco-Friendly Details

  • Sprinklers on Timer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 436-581-01-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $23,098

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Riley and Lauretta
  • Neighborhood: Morena
  • Supplement: Conveniently located, just minutes away from shopping, dining, parks, Fiesta Island, golf amenities, Interstates 5 and 8, plus so much more. Don’t let this opportunity pass you by!
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1940
  • 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
  • Fencing: Partial
  • Roof: Composition
  • View: Evening Lights

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heat Equipment: Fireplace, Wall/Gravity

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Irrigation: Automatic, Drip
  • Lot Size: 1-3,999 SF
  • Topography: Slope Gentle
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 436-581-01-00
  • Estimated Lot Sq Ft: 3312
  • Estimated Number of Acres: 0.08
  • Map Code Column: G
  • Map Code Page: 1268
  • Map Code Row: 3

Rental Info

  • Tenant Pays: Water, Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 23098
  • Annual Expense Actual: 23098
  • Gross Rent Multiplier Actual: 15.0
  • Gross Sched Income Actual: 52800
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • 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
09/06/2023 09/06/23 Sold $1,500,000 -3.2% $650 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $1,550,000 -2.5% $672 / Sq Ft
06/14/2023 06/14/23 Price Changed $1,590,000 -3.0% $689 / Sq Ft
05/09/2023 05/09/23 For Sale $1,640,000 +103.5% $711 / Sq Ft
08/11/2020 08/11/20 Sold $806,000 -3.5% $413 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $835,000 -- $428 / 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: 200033515

San Diego MLS

APN: 436-581-01-00