NOT LISTED FOR SALE
8 Beds
4 Baths
3,200 Sq Ft
6,098 Sq Ft Lot

Last Sold March 20, 2012

Last sale price $980,000 $306 Per Sq Ft

3 Days on Market

Highlights

  • Laundry Facilities
  • Sessions Elementary School Rated A-
  • Level Lot

About This Home

As of March 2012

AWESOME location in residential neighborhood of Pacific Beach. 1 1/2 blocks to Garnet and shops without the congestion.Few blocks south to bay-about a mile to beach.(See google view photo) 4 Garages provide ADDITIONAL separate income of $800 per month ($200 each) Coin op laundry room and on site uncovered parking for each tenant. Spacious 2 bedroom 1 bath units with eat in kitchens and dishwasher.Small yard to enjoy great weather! Low maintenance yard/auto sprinklers.Plenty off street parking.Supplement Approximate Operating Costs: Property Taxes, Insurance $113/month, Utilities (Water, Trash,Gas, Electric) $205/ month, Gardener $85/ month,Maintenance $75/month. Income is the Rent for the 4 Units Approx. $72,960 per year, Rent for 4 Garages approx $9600 per year, and Coin Op Laundry approx $1200 per year. Most of the leases are currently month to month with long term tenants. Please do not disturb wonderful tenants.The property is easily self-managed by the owner. Sq.feet of units is approximate-buyer to verify prior to close of escrow.

Last Agent to Sell the Property

Marilyn Hanes

Coldwell Banker Realty License #00634965 Listed on: 02/14/2012

Coldwell Banker Realty

Last Buyer's Agent

Mark Friedman

Realty Award License #01224260

Property Details

Home Type

  • Multi-Family

Year Built

  • 1984

Lot Details

  • Level Lot
  • Sprinklers on Timer

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Gas Water Heater

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 416-532-15-00

Property Details

Home Type

Multi-Family

Year Built

1984

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal South
  • Cross Street: Morrell
  • Neighborhood: Pacific Beach
  • Supplement: Approximate Operating Costs: Property Taxes, Insurance $113/month, Utilities (Water, Trash,Gas, Electric) $205/ month, Gardener $85/ month,Maintenance $75/month. Income is the Rent for the 4 Units Approx. $72,960 per year, Rent for 4 Garages approx $9600
  • LP / Sq Ft: 312.19
  • Price Per Sq Ft: 306.25
  • SP/ Sq Ft: 306.25
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Unit Sq Ft: 3200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1984

Exterior Features

  • Exterior Material: Stucco
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: PACIFIC BEACH
  • Complex Features: Laundry Facilities
  • Manager Name: On File
  • Manager Phone: On File

Lot Info

  • Irrigation: Automatic
  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 416-532-15-00
  • Land Use Code: R

Rental Info

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

Multi Family

  • No. of Units: 4
  • Gross Sched Income Actual: 83760
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

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
03/20/2012 03/20/12 Sold $980,000 -1.9% $306 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $999,000 -- $312 / 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: 120008462

San Diego MLS

APN: 416-532-15-00