NOT LISTED FOR SALE

1640 Brookes Ave San Diego, CA 92103

Hillcrest Neighborhood
5 Beds
4 Baths
2,578 Sq Ft
7,438 Acres

Last Sold July 28, 2022

Last sale price $1,735,000 $673 Per Sq Ft

5 Days on Market

Highlights

  • No Units Above
  • Property is near public transit
  • No HOA
  • 7,438 Acre Lot
  • Private Yard
  • Laundry Room

About This Home

As of July 2022

TREMENDOUS INVESTMENT OPPORTUNITY IN PRIME AREA! 4 WELL MAINTAINED UNITS (INSIDE AND OUT). EACH UNIT HAS WALL AC & RANGE & REFRIGERATOR INCLUDED. EASY CARE TURF YARDS. NO STREET PARKING REQUIRED.A PRIVATE 1 CAR GARAGE W ALLEY ACCESS FOR EACH UNIT (1640 HAS WASHER AND DRYER INCLUDED). FABULOUS POTENTIAL FOR 2ND STORY RENTAL UNITS - DEEP FRONT YARD MAY OFFER ROOM FOR ADDITIONAL PARKING AT FRONT OF PROPERTY (BUYER TO ICONFIRM W THE CITY)- - HARDWOOD FLOORS UNDER CARPET IN UNITS. 1636 & 1640 REMODELED + UPDATED ELECTRIC -ROOF IN 2005 - CLOSE TO DOWNTOWN, FREEWAYS, & OCEAN

Last Agent to Sell the Property

Sharon Timko

Sharon Timko Action Realty License #00598121 Listed on: 06/01/2022

Co-Listed By

Sylvia McGuire

Coastal R.E. Serv. Team, Inc. License #01057288

Last Buyer's Agent

Michael Glickstein

Michael Glickstein License #01075370

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 7,438 Acre Lot
  • Lot Dimensions are 50' x 150'
  • No Units Above
  • End Unit
  • No Units Located Below
  • Two or More Common Walls
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,578 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Free-Standing Range
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Urban Location

Utilities

  • No Heating
  • Central Water Heater

Listing and Financial Details

  • Tax Lot 8+9, block 243
  • Tax Tract Number 8001
  • Assessor Parcel Number 4523631200

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Fuel Expense $200
  • Insurance Expense $1,500
  • Trash Expense $50
  • Water Sewer Expense $500
  • New Taxes Expense $16,500
  • Operating Expense $18,750
  • Gross Income $83,784
  • Net Operating Income $6,482

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 5.00
  • Price Per Unit: 449750
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 500.00
  • Zoning: R2+ RESIDENTIAL INCOME
  • Property Type: Residential Income
  • Parcel Number: 4523631200
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls, End Unit, No One Above, No One Below
  • Appliances: Yes
  • Price Per Square Foot: 673.00

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Appliances: Electric Range, Free-Standing Range, Disposal, Refrigerator, Water Heater Central
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Landscaped, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Paved, Yard
  • Lot Size: 50' x 150'
  • Lot Size Sq Ft: 323999280.00
  • Lot Size Acres: 7438.0000

Multi Family

  • Fuel Expense: 200.00
  • Gross Income: 83784.00
  • Gross Scheduled Income: 6982.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7438.0000 Acres
  • Net Operating Income: 6482.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 500.00
  • Rent Control: No
  • Total Expenses: 18750.00

Tax Info

  • New Taxes Expense: 16500.00
  • Tax Lot: 8+9, block 243
  • Tax Tract Number: 8001

Range of Values:

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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
07/28/2022 07/28/22 Sold $1,735,000 -3.6% $673 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $1,799,000 -- $698 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sharon Timko

    Sharon Timko Action Realty

    (760) 521-9033

    1 in this area

    11 Total Sales

    Section Image
  • Sylvia McGuire

    Seller Co-Listing Agent in 2022

    Sylvia McGuire

    Coastal R.E. Serv. Team, Inc.

    (760) 757-1031

    1 in this area

    27 Total Sales

    Section Image
  • Michael Glickstein

    Buyer's Agent in 2022

    Michael Glickstein

    Michael Glickstein

    (619) 379-3337

    1 in this area

    2 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2205618

California Regional Multiple Listing Service (CRMLS)

California San Diego County San Diego 92103 Hillcrest

1640 Brookes Ave, San Diego, CA

This home is located at 1640 Brookes Ave, San Diego, CA 92103 since 01 June 2022. This property was built in 1928. 1640 Brookes Ave is a home located in San Diego County with nearby schools including Roosevelt International Middle School, North Park Christian School, and Kindred Montessori.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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