NOT LISTED FOR SALE

2032 San Diego Ave San Diego, CA 92110

Mission Hills Neighborhood
7 Beds
5 Baths
2,972 Sq Ft
1950 Built

Last Sold March 22, 2019

Last sale price $1,155,000 $389 Per Sq Ft

12 Days on Market

Highlights

  • Bay View
  • Property is Fully Fenced
  • Level Lot
  • Grant K-8 Rated A-

About This Home

As of March 2019

Incredible turnaround opportunity. Rarely available 4 plex in Old Town with stunning Bay and City Views!! Units in front all have 2nd levels with additional bedrooms making living square footage much larger than stated square footage. Needs work but you will be rewarded! Tremendous upside in rents. Front unit(A) feature a garage and a Bayview deck. Middle unit(B) features an attached garage. Third unit(C) has small private patio. Fourth unit is huge and feature own private backyard. This is a 7.6% cap!

Last Agent to Sell the Property

JD Bols

J D Bols & Associates License #01049594 Listed on: 01/11/2019

Last Buyer's Agent

Florian Sighe

The Browar Group License #02072593

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • Property is Fully Fenced
  • Level Lot

Property Views

  • Bay
  • City

Home Design

  • Composition Roof

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
  • Assessor Parcel Number 451-714-13-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Net Operating Income $59,150

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Old Town
  • Neighborhood: Old town
  • LP / Sq Ft: 13.14
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1950
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Composition
  • View: Bay, City

Utilities

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

Condo/Co-op/Association

  • Community: OLD TOWN

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Public Street
  • Topography: Level
  • Assessor Parcel Number: 451-714-13-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 59150
  • Annual Expense Actual: 20350
  • Annual Expense Projected: 20350
  • Gross Rent Multiplier Actual: 14.0
  • Gross Rent Multiplier Projected: 10.0
  • Gross Sched Income Actual: 79500
  • Gross Sched Income Projected: 109800
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 1

Range of Values:

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List Price
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
03/22/2019 03/22/19 Sold $1,155,000 -1.7% $389 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $1,175,000 0.0% $395 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $1,175,000 +6.8% $395 / Sq Ft
10/01/2018 10/01/18 Sold $1,100,000 -4.3% --
08/20/2018 08/20/18 Pending -- -- --
08/09/2018 08/09/18 Price Changed $1,148,998 0.0% --
08/01/2018 08/01/18 Price Changed $1,148,999 0.0% --
07/06/2018 07/06/18 For Sale $1,149,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • JD Bols

    Seller's Agent in 2019

    JD Bols

    J D Bols & Associates

    (619) 239-2909

    27 Total Sales

    JD Bols
    Section Image
  • Florian Sighe

    Buyer's Agent in 2019

    Florian Sighe

    The Browar Group

    (619) 894-3030

    50 Total Sales

    Florian Sighe
    Section Image
  • Sean Bascom

    Seller's Agent in 2018

    Sean Bascom

    South Coast Commercial, Inc.

    (619) 916-9179

    21 Total Sales

    Sean Bascom
    Section Image
  • Adrian Gonzalez

    Seller Co-Listing Agent in 2018

    Adrian Gonzalez

    Bridgepoint Realty Inc

    (858) 735-9977

    42 Total Sales

    Adrian Gonzalez
    Section Image
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Map

Source: San Diego MLS

MLS Number: 190002258

San Diego MLS
California San Diego County San Diego 92110 Mission Hills

2032 San Diego Ave, San Diego, CA

This home is located at 2032 San Diego Ave, San Diego, CA 92110 since 11 January 2019. This property was built in 1950. 2032 San Diego Ave is a home located in San Diego County with nearby schools including Grant K-8, Richard Henry Dana Middle School, and Roosevelt International Middle School.

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