$925,000
SOLD JUL 10, 2015
4 Beds
5 Baths
1,936 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$478 Per Sq Ft

59 Days on Market

Highlights

  • Ocean View
  • Partially Fenced Property
  • Heating System Uses Natural Gas
  • Grant K-8 Rated A-

About This Home

As of July 2015

4 total units in an extremely desirable Mission Hills area. 3 blocks to restaurants and shops on India St. West facing property w/ ocean & San Diego Bay views from every unit. Front property 1561 Linwood is a detached 2 bdrm/1 ba house with wood floors and its own laundry machines and small side-yard area. Rear building 1563 consists of a 3-plex with a 2 bdrm/2 ba downstairs & two studios upstairs. All have bay views and a common area patio/bbq terrace. All share a coin operated laundry area as well. Neighborhoods: Mission Hills Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 1561 Unit # for Unit 2: A Unit # for Unit 3: 2 Unit # for Unit 4: 3 Number of Furnished Units: 0 Topography: SSLP

Last Agent to Sell the Property

Curtis Knopp

Knopp Coastal Realty License #01440496 Listed on: 04/11/2015

Last Buyer's Agent

Carrie Morton

Crown Investment Realty, Inc. License #01955974

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Property Views

  • Ocean
  • Bay

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 4513220900

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Mission Hills

Building Details

  • Net Operating Income $41,755

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • CapRate: 4.97
  • Park Name: Mission Hills
  • Subdivision Name Other: Mission Hills
  • View: Yes
  • Zoning: 4
  • Property Type: Residential Income
  • Parcel Number: 4513220900
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • View: Bay, Ocean
  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Gross Scheduled Income: 55260.00
  • Net Operating Income: 41755.00
  • Number Of Units Total: 4
  • Number With Dishwasher: 1
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4

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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
07/10/2015 07/10/15 Sold $925,000 0.0% $478 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
04/11/2015 04/11/15 For Sale $925,000 -- $478 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150019277

California Regional Multiple Listing Service (CRMLS)

APN: 451-322-09-00