NOT LISTED FOR SALE
6 Beds
3 Baths
1,800 Sq Ft
5,229 Sq Ft Lot

Last Sold April 27, 2022

Last sale price $1,150,000 $639 Per Sq Ft

7 Days on Market

Highlights

  • 1-Story Property
  • Level Lot
  • 2-minute walk to L street Mini Park
  • Partially Fenced Property
  • Wood Siding

About This Home

As of April 2022

ATTENTION INVESTORS...FANTASTIC OPPORTUNITY to own 3 free standing cottage style units on a large lot in Grant Hill with off street parking. Tax rolls indicate one is a 2 bedroom & two are 1 bedrooms but all three units live and rent like 2 bedrooms. All units are tenant occupied on month to month leases and tenants would like to stay. All 3 units have updated kitchens, flooring, roofs, exterior paint, vinyl windows and separate yards. Great rental property close to Downtown, restaurants & shopping. Individual property addresses are 129 & 137 27th St. & 136 Evans St.

Last Agent to Sell the Property

Danny Davis

San Diego Brokerage License #01349327 Listed on: 04/07/2022

Last Buyer's Agent

Vernon Youngdale

Berkshire Hathaway HomeServices California Properties License #01340763

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Lot Details

  • 5,229 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Additional Features

  • 1-Story Property
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, hot water
  • Assessor Parcel Number 535-544-02-00

Community Details

Overview

  • 3 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $51,300

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Central
  • Cross Street: L Street
  • Neighborhood: Grant Hill
  • Stories: 1 Story
  • Sale Price List Price: 1.17
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 535-544-02-00
  • Estimated Lot Dimensions: 102.5 x 51
  • Estimated Lot Sq Ft: 5229

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity, Hot Water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 51300
  • Gross Rent Multiplier Actual: 19.0
  • Gross Rent Multiplier Projected: 16.0
  • Gross Sched Income Actual: 51300
  • Gross Sched Income Projected: 60000
  • Number Of Buildings: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

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
04/27/2022 04/27/22 Sold $1,150,000 +17.5% $639 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $979,000 -- $544 / 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: 220008018

San Diego MLS