NOT LISTED FOR SALE

1927 Cypress Ave Unit 31 San Diego, CA 92104

North Park Neighborhood
6 Beds
3 Baths
2,400 Sq Ft
1936 Built

Last Sold December 06, 2016

Last sale price $1,000,000 $417 Per Sq Ft

171 Days on Market

About This Home

As of December 2016

Three apartment units located in the highly desirable North Park neighborhood of San Diego, California. The property comprises two attractive buildings that have each been recently renovated inside and out: one cottage, and one Spanish-style, two story duplex. All three are 2BR/1BA units. This prime North Park location is just one block to Balboa Park and two blocks to bustling University Avenue. Any investor will see this offering as another strong asset in one of San Diego's premier urban neighborhoods.

Last Agent to Sell the Property

Aaron Marcusmillichap

Marcus & Millichap License #01318320 Listed on: 05/17/2016

Last Buyer's Agent

Aaron Marcusmillichap

Marcus & Millichap License #01318320 Listed on: 05/17/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Additional Features

  • 2-Story Property
  • 3,901 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 453-282-40-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $39,996

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Florida
  • Neighborhood: Morley Field
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1936
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Community: NORTH PARK

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 453-282-40-00
  • Land Use Code: 1000
  • Estimated Lot Sq Ft: 3901

Rental Info

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

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 39996
  • Annual Expense Actual: 19368
  • Gross Rent Multiplier Actual: 16.32
  • Gross Sched Income Actual: 61200
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
12/06/2016 12/06/16 Sold $1,000,000 +0.1% $417 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $999,000 0.0% $416 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
08/25/2016 08/25/16 Price Changed $999,000 -2.5% $416 / Sq Ft
08/22/2016 08/22/16 Price Changed $1,025,000 -2.8% $427 / Sq Ft
05/16/2016 05/16/16 For Sale $1,055,000 +8.8% $440 / Sq Ft
12/29/2015 12/29/15 Sold $970,000 0.0% $404 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
11/17/2015 11/17/15 For Sale $970,000 -- $404 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Aaron Marcusmillichap

    Marcus & Millichap

    (858) 945-7094

    48 Total Sales

    Aaron Marcusmillichap
    Section Image
  • Kathy Koop

    Seller's Agent in 2015

    Kathy Koop

    Berkshire Hathaway HomeServices California Properties

    (619) 985-8722

    41 Total Sales

    Kathy Koop
    Section Image
  • Mike Habib

    Buyer's Agent in 2015

    Mike Habib

    Coldwell Banker Realty

    (619) 985-2827

    1 in this area

    18 Total Sales

    Mike Habib
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 160026763

San Diego MLS

APN: 453-282-40-00

California San Diego County San Diego 92103 North Park

1927 Cypress Ave Unit 31, San Diego, CA

This home is located at 1927 Cypress Ave Unit 31, San Diego, CA 92104 since 17 May 2016. This property was built in 1936. 1927 Cypress Ave Unit 31 is a home located in San Diego County with nearby schools including Jefferson Elementary, Roosevelt International Middle School, and North Park Christian School.

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.

San Diego MLS This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.

Nearby Homes