NOT LISTED FOR SALE

2051 2nd Ave San Diego, CA 92101

Bankers Hill Neighborhood
4 Beds
4 Baths
-- Sq Ft
1930 Built

Last Sold May 23, 2016

Last sale price $970,000

52 Days on Market

Highlights

  • Multiple Phone Lines
  • Level Lot
  • 1-Story Property

About This Home

As of May 2016

Buy this raise rents and capture a mid 5% Cap!!!! Great opportunity in Bankers Hill to own detached Cottage style units easy to rent due to proximity to Downtown, Little Italy and Balboa Park. Fully renovated including new vinyl windows, upgraded electrical, enhanced insulation, newer roof and stucco and interior improvements.

Last Agent to Sell the Property

Don Swanson

Don Swanson, Real Estate License #01271617 Listed on: 02/25/2016

Last Buyer's Agent

Melissa Graham

Century 21 Award License #01953739

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 5,239 Sq Ft Lot
  • Level Lot
  • Sprinkler System

Interior Spaces

  • 1-Story Property
  • Wired For Data

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Separate Water Meter
  • Gas Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 533-174-17-00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Cottage Community

Building Details

  • Net Operating Income $45,928

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Hawthorn
  • Neighborhood: Bankers Hill
  • LP / Sq Ft: 18.72
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1930
  • Allow Comments Review: Yes
  • Internet Address Field: No Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial), Multiple Phones, Wired High Speed Internet

Condo/Co-op/Association

  • Complex Name: cottage
  • Community: HILLCREST

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 533-174-17-00
  • Land Use Code: mr
  • Estimated Lot Sq Ft: 5239

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 45928
  • Annual Expense Actual: 17000
  • Gross Rent Multiplier Actual: 15.0
  • Gross Sched Income Actual: 64800
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 4
  • Number Of Units With Dryers: 3
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 3

Range of Values:

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Average Value
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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
05/23/2016 05/23/16 Sold $970,000 -2.9% --
04/17/2016 04/17/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $999,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Don Swanson

    Don Swanson, Real Estate

    (619) 857-8585

    2 in this area

    12 Total Sales

    Don Swanson
    Section Image

  • M

    Buyer's Agent in 2016

    Melissa Graham

    Century 21 Award

See All Agents

Map

Source: San Diego MLS

MLS Number: 160010221

San Diego MLS

APN: 533-174-17-00

California San Diego County San Diego 92101 Bankers Hill

2051 2nd Ave, San Diego, CA

This home is located at 2051 2nd Ave, San Diego, CA 92101 since 25 February 2016. This property was built in 1930. 2051 2nd Ave is a home located in San Diego County with nearby schools including Washington Elementary School, Roosevelt International Middle School, and Museum School.

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