NOT LISTED FOR SALE
4 Beds
4 Baths
2,176 Sq Ft
2,739 Sq Ft Lot

Last Sold June 28, 2024

Last sale price $1,512,500 $695 Per Sq Ft

11 Days on Market

About This Home

As of June 2024

4-Unit multifamily property located in Golden Hill, one of San Diego’s most popular neighborhoods. The unit mix consists of four (4) 1 bedroom / 1 bathroom units ranging from 450sf-626sf in size with view of Downtown. This is a perfect opportunity for investment or an owner-occupant. The property is conveniently located just minutes away from Downtown San Diego (west side of Golden Hill on the Slope). Tenants enjoy the walk-ability of Golden Hill (walk-Score of 82) with easy access to local services, shopping and community parks.

Last Agent to Sell the Property

James V. Carter

Apartment Realty Group (ARG) License #01352336 Listed on: 04/19/2024

Last Buyer's Agent

James Nelson

Coldwell Banker West License #01852936

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 2,739 Sq Ft Lot
  • Cross Fenced

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Closed Circuit Camera

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 534-261-12-00

Community Details

Overview

  • 4 Units
  • The Lansing Community

Building Details

  • Net Operating Income $69,243

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: 22nd Street
  • Neighborhood: Golden Hill
  • LP / Sq Ft: 17.35
  • Stories: 2 Story
  • Sale Price List Price: 0.95
  • Total Stories: 2
  • Year Built: 1943
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Cross Fencing
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Security: Closed Circuit TV

Condo/Co-op/Association

  • Complex Name: The Lansing
  • Community: SAN DIEGO

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

  • Lot Size: 1-3,999 SF
  • Water District: CITY OF SAN DIEGO
  • Zoning: RM-1-2
  • Assessor Parcel Number: 534-261-12-00
  • Estimated Lot Sq Ft: 2739
  • Estimated Number of Acres: 0.06
  • Map Code Column: C
  • Map Code Page: 1289
  • Map Code Row: 3

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 69243
  • Annual Expense Actual: 27951
  • Gross Rent Multiplier Actual: 15.92
  • Gross Rent Multiplier Projected: 12.9
  • Gross Sched Income Actual: 100200
  • Gross Sched Income Projected: 123600
  • 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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Average Value
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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 Change Sq Ft Price
06/28/2024 06/28/24 Sold $1,512,500 -5.2% $695 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $1,595,000 +10.0% $733 / Sq Ft
12/07/2022 12/07/22 Sold $1,450,000 -3.3% $666 / Sq Ft
10/01/2022 10/01/22 Price Changed $1,500,000 -8.8% $689 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/10/2022 09/10/22 Price Changed $1,645,000 -6.0% $756 / Sq Ft
08/26/2022 08/26/22 For Sale $1,750,000 -- $804 / 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: 240008446

San Diego MLS