NOT LISTED FOR SALE
4 Beds
2 Baths
2,575 Sq Ft
2,575 Sq Ft Lot

Last Sold November 22, 2021

Last sale price $1,175,000 $456 Per Sq Ft

173 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 3-minute walk to Childrens Playground
  • Laundry Room
  • Level Lot

About This Home

As of November 2021

Prime location in one of San Diego's most highly sought-after urban neighborhoods, this South Park duplex sits perched above the street below with views of the surrounding area. Live here year round and rent the other, or use as your weekend getaway retreat or short-term AirBnB rental, these well-maintained units are ideal for the savvy homeowner or investor. Only one block from world renowned Balboa Park, the walkability of this duplex is an urban dweller's dream with the many restaurants, craft beer & cocktail bars, dog parks, quaint coffee shops & unique shopping experiences South Park is known for only steps from your front door. Each light & bright, 2 bed + 1 bath unit features flooring throughout with in-unit laundry. Back unit features spacious back patio perfect for BBQ's, working from home, or entertaining. This unique downtown San Diego South Park property is the one you've been waiting for!

Last Agent to Sell the Property

Christine La Bounty

Compass License #01970459 Listed on: 05/07/2021

Compass

Last Buyer's Agent

Logan Henry

Coldwell Banker Realty License #01948799

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 2,575 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • 2,575 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Central Heating

Listing and Financial Details

  • Tax Lot 38/8
  • Tax Tract Number 264
  • Assessor Parcel Number 5392720400

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $596
  • Water Sewer Expense $900
  • New Taxes Expense $7,602
  • Operating Expense $11,098
  • Gross Income $60,600
  • Net Operating Income $43,502

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.07
  • Price Per Unit: 597500
  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: R-2:Minor Multiple
  • Property Type: Residential Income
  • Parcel Number: 5392720400
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 456.31

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 2575.00
  • Lot Size Acres: 0.0591

Multi Family

  • Gross Income: 60600.00
  • Gross Scheduled Income: 60600.00
  • Insurance Expense: 596.00
  • Lot Size Area: 2575.0000 Square Feet
  • Net Operating Income: 43502.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 11098.00
  • Rent Control: No
  • Total Expenses: 11098.00

Tax Info

  • New Taxes Expense: 7602.00
  • Tax Lot: 38/8
  • Tax Tract Number: 000264

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
11/22/2021 11/22/21 Sold $1,175,000 -1.7% $456 / Sq Ft
05/07/2021 05/07/21 For Sale $1,195,000 -- $464 / 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: NDP2105071

California Regional Multiple Listing Service (CRMLS)