NOT LISTED FOR SALE
4 Beds
4 Baths
1,800 Sq Ft
7,294 Sq Ft Lot

Last Sold October 20, 2023

Last sale price $880,000 $489 Per Sq Ft

Highlights

  • Spa
  • Security Gate
  • Partially Fenced Property
  • 0.17 Acre Lot
  • Baseboard Heating
  • 1-Story Property

About This Home

As of October 2023

4 on 1 Investment Opportunity! Rare; 4 detached homes on one parcel. All 4 dwellings have new roofs, facia, separate water meters and function as 4 SFR units. One unit was upgraded from ground up. Including electrical, plumbing, walls, kitchen, bathroom, flooring, windows, mini split cooling and heat, soon to be completed landscaping and to much to list. This unit is ready for a owner occupant. Rent the others and live in 1.

Last Agent to Sell the Property

John Tipton

Cypress Realty & Mortgage License #01842090 Listed on: 09/25/2023

Last Buyer's Agent

Karly Chavez

Key Connections Real Estate License #01986040

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 7,294 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Home Security

  • Window Bars
  • Security Gate

Utilities

  • Baseboard Heating
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • Spa

Community Details

  • 4 Units
  • Net Operating Income $22,450

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV
  • Assessor Parcel Number 550-610-12-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Main St
  • Neighborhood: Shell Town
  • LP / Sq Ft: 18.85
  • Stories: 1 Story
  • Sale Price List Price: 1.01
  • Total Stories: 1
  • Year Built: 1941
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition
  • Spa Heat: Gas

Utilities

  • Cooling: Central Forced Air
  • Security: Security Bars
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Baseboard, Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Community: SAN DIEGO

Fee Information

  • Other Fees Type: Security Gate

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Public Street
  • Zoning: INDUSTRIAL
  • Assessor Parcel Number: 550-610-12-00
  • Estimated Lot Sq Ft: 7294
  • Estimated Number of Acres: 0.17
  • Map Code Column: G
  • Map Code Page: 1289
  • Map Code Row: 7

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 22450
  • Annual Expense Actual: 14300
  • Gross Rent Multiplier Actual: 150.0
  • Gross Rent Multiplier Projected: 150.0
  • Gross Sched Income Actual: 36720
  • Gross Sched Income Projected: 60720
  • Number Of Buildings: 1
  • Number Of Furnished Units: 4
  • Number Of Units With Cooling: 1
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Projected: 8000.0

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
10/20/2023 10/20/23 Sold $880,000 +0.6% $489 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $875,000 -- $486 / 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: 230018768

San Diego MLS