NOT LISTED FOR SALE
-- Bed
-- Bath
16,198 Sq Ft
0.31 Acres

Last Sold August 15, 2022

Last sale price $6,760,000 $417 Per Sq Ft

10 Days on Market

Highlights

  • 0.31 Acre Lot
  • No HOA
  • No Heating
  • Birney Elementary School Rated A
  • Laundry Room

About This Home

As of August 2022

INCREDIBLE OPPORTUNITY TO OWN THIS 16 UNIT BUILDING IN THE HIGHLY SOUGHT AFTER COMMUNITY OF UNIVERSITY HEIGHTS IN SAN DIEGO WITH TREMENDOUS UPSIDE. 12 UNITS ARE 2 BEDROOM, 2 BATHS. 4 OF THE UNITS ARE 1 BEDROOM, 1 BATH. EASY TO RENT WITH NO CURRENT VACANCIES. CURRENTLY THE RENTS ARE MUCH LOWER THAN MARKET. THERE IS COMMON LAUNDRY FOR ADDED INCOME ALONG WITH A LEASE FROM AT&T FOR AN ANTENNA ON THE PROPERTY. LOTS OF OFF STREET PARKING, CLOSE TO FREEWAYS, RESTAURANTS AND MUCH MORE.

Last Agent to Sell the Property

Gregg Phillipson

Keller Williams Realty License #01153857 Listed on: 03/30/2022

Keller Williams Realty

Last Buyer's Agent

Seth Watje

Starker West, Inc. License #01805453

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.31 Acre Lot
  • Two or More Common Walls

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 16,198 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Parking

  • 14 Open Parking Spaces
  • 28 Parking Spaces
  • 14 Carport Spaces

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 49/14
  • Tax Tract Number 8036
  • Assessor Parcel Number 4451420900

Community Details

Overview

  • No Home Owners Association
  • 16 Units
  • MISSION CHATEAU APARTMENTS

Amenities

  • Laundry Facilities

Building Details

  • 16 Leased Units
  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 16 Separate Water Meters
  • Gross Income $346,909

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Assessments: No
  • Park Name: MISSION CHATEAU APARTMENTS
  • Property Attached: Yes
  • View: No
  • Zoning: APARTMENT HOUSE 5+ UNITS
  • Property Type: Residential Income
  • Parcel Number: 4451420900
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 417.34

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 14.00
  • Parking: No
  • Total Parking Spaces: 28.00
  • Uncovered Spaces: 14.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13287.00
  • Lot Size Acres: 0.3050

Multi Family

  • Gross Income: 346909.00
  • Gross Scheduled Income: 346909.00
  • Lot Size Area: 13287.0000 Square Feet
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 16
  • Number Of Units Leased: 16
  • Number Of Units Total: 16
  • Rent Control: No

Tax Info

  • Tax Lot: 49/14
  • Tax Tract Number: 08036

Range of Values:

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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 List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $6,760,000 +5.6% $417 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $6,400,000 -- $395 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2202037

California Regional Multiple Listing Service (CRMLS)

APN: 445-142-09-00