NOT LISTED FOR SALE
6 Beds
4 Baths
-- Sq Ft
10,747 Sq Ft Lot

Last Sold December 10, 2019

Last sale price $770,000

48 Days on Market

About This Home

As of December 2019

REDUCED $50,000!!! Priced to Sell! Good Bread and Butter Units in a Decent Pocket of the Shelltown Neighborhood. Easy Access to the Freeways. 5 Minutes to Downtown San Diego. 2-2Br/1Ba and 2-1Br/1Ba Units. 7 Parking Spaces. Large Lot. One Unit Just Rehabbed! Brand New Kitchen, Bathroom, Stainless Steel Appliances, New Flooring, and Paint. Hurry on this Fabulous Opportunity! Please do not disturb tenants.

Last Agent to Sell the Property

Terry Taylor

Apartment Consultants Incorporated License #01041788 Listed on: 09/13/2019

Last Buyer's Agent

Terry Taylor

Apartment Consultants Incorporated License #01041788 Listed on: 09/13/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 10,747 Sq Ft Lot
  • Partially Fenced Property
  • Gentle Sloping Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, hot water
  • Assessor Parcel Number 551-503-16-00

Community Details

Overview

  • 4 Units
  • 4 Units Community

Building Details

  • Net Operating Income $44,477

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Birch Street
  • Neighborhood: Shelltown
  • LP / Sq Ft: 17.21
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Total Stories: 2
  • Year Built: 1940
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Prkng Non Garage Spac U3: 2
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: 4 Units
  • Community: SAN DIEGO

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Street Paved
  • Topography: Slope Gentle
  • Zoning: R2
  • Assessor Parcel Number: 551-503-16-00
  • Estimated Lot Sq Ft: 10747
  • Map Code Column: H
  • Map Code Page: 1289
  • Map Code Row: 7

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 44477
  • Annual Expense Actual: 17448
  • Annual Expense Projected: 22479
  • Gross Rent Multiplier Actual: 12.14
  • Gross Rent Multiplier Projected: 11.14
  • Gross Sched Income Actual: 63840
  • Gross Sched Income Projected: 69600
  • Number Of Buildings: 1
  • Number Of Units With Patios: 1
  • 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
12/10/2019 12/10/19 Sold $770,000 -0.6% --
11/01/2019 11/01/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $775,000 +192.5% --
07/20/2012 07/20/12 Sold $265,000 +27.5% --
06/20/2012 06/20/12 Pending -- -- --
06/18/2012 06/18/12 Sold $207,800 -30.5% --
06/12/2012 06/12/12 For Sale $299,000 +75.9% --
02/20/2012 02/20/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $170,000 -- --
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: 190050946

San Diego MLS

APN: 551-503-16-00