NOT LISTED FOR SALE

1771 & 1771 1/2 Torrance St San Diego, CA 92103

Mission Hills Neighborhood
3 Beds
3 Baths
1,495 Sq Ft
1963 Built

Last Sold June 24, 2021

Last sale price $995,000 $666 Per Sq Ft

18 Days on Market

Highlights

  • Partially Fenced Property
  • Grant K-8 Rated A-
  • Wood Siding

About This Home

As of June 2021

Outstanding investment opportunity! 2 units (2/2 & 1/1) each with private patios, and spacious open floor plans! The upstairs 2 bedroom unit has a HUGE view deck (approximately 500+sqft), tons of light and panoramic views of downtown, the harbor, Cabrillo Point and the ocean! Conveniently located, always a strong demand - upside with current rents, upstairs 2/2 subject to lease; downstairs 1/1 currently month to month. 3 assigned parking spaces, common laundry room with some additional storage. Don't miss this opportunity today!!

Last Agent to Sell the Property

Marc Prestera

Prestera Real Estate License #00862074 Listed on: 04/18/2021

Last Buyer's Agent

Twana Rasoul

Compass License #02026495

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Home Design

  • Tar and Gravel Roof
  • Wood Siding
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Partially Fenced Property
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 451-111-03-00

Community Details

Overview

  • 2 Units
  • Mission Hills Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $45,180

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Keating
  • Neighborhood: Middletown Addition
  • Stories: 2 Story
  • Sale Price List Price: 1.02
  • Total Stories: 2
  • Year Built: 1963
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco, Wood
  • Fencing: Partial
  • Roof: Rock/Gravel

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Complex Name: Mission Hills
  • Pets Allowed: Yes
  • Community: MISSION HILLS
  • Manager Name: Prestera Real Estate
  • Manager Phone: 619-200-6300

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 451-111-03-00
  • Map Code Column: H
  • Map Code Page: 1268
  • Map Code Row: 6

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 45180
  • Annual Expense Actual: 4500
  • Gross Rent Multiplier Actual: 19.6
  • Gross Sched Income Actual: 49680
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 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
06/24/2021 06/24/21 Sold $995,000 +2.1% $666 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $975,000 -- $652 / 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: 210010121

San Diego MLS