NOT LISTED FOR SALE
8 Beds
4 Baths
2,800 Sq Ft
6,297 Sq Ft Lot

Last Sold July 22, 2021

Last sale price $1,100,000 $393 Per Sq Ft

3 Days on Market

Highlights

  • Property is Fully Fenced
  • Level Lot
  • Gravity Heating System

About This Home

As of July 2021

100% Occupied 4 plex - All 2 Bedroom 1 Bath Units - Huge 6,098 sf Lot - Separately Metered Electric/Gas - Good Long Term Tenants - Mature Landscaping - Good Upside on Current Rents - Individual Hot Water Heaters - Some units remodeled and upgraded, new exterior paint, some plumbing upgrades. Great property, good location, with upside. *****DO NOT WALK ON PROPERTY OR TALK TO TENANTS****. Property APOD, RR, Leases and more available upon request.

Last Agent to Sell the Property

Justin Brennan

eXp Realty of California, Inc. License #01866398 Listed on: 06/24/2021

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 6,297 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Utilities

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

Additional Features

  • 2-Story Property
  • Drip Irrigation

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 556-102-02-00

Community Details

Overview

  • 4 Units
  • 4 Units On A Community

Pet Policy

  • Breed Restrictions

Building Details

  • Net Operating Income $55,907

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: National City Blvd
  • Neighborhood: National City
  • LP / Sq Ft: 17.54
  • Stories: 2 Story
  • Sale Price List Price: 1.1
  • Total Stories: 2
  • Year Built: 1944
  • 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: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • 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 on A
  • Pets Allowed: Allowed w/Restrictions
  • Community: NATIONAL CITY
  • Manager Name: Self

Lot Info

  • Irrigation: Drip
  • Lot Size: 4,000-7,499 SF
  • Site: Public Street, Sidewalks
  • Topography: Level
  • Water District: SWEETWATER AUTHORITY
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 556-102-02-00
  • Estimated Lot Sq Ft: 6297
  • Water District URL: http://www.sweetwater.org
  • Estimated Number of Acres: 0.15
  • Map Code Column: H
  • Map Code Page: 1289
  • Map Code Row: 7

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 55907
  • Annual Expense Actual: 15200
  • Annual Expense Projected: 22200
  • Gross Rent Multiplier Actual: 6.0
  • Gross Rent Multiplier Projected: 13.0
  • Gross Sched Income Actual: 74316
  • Gross Sched Income Projected: 82800
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 450
  • Other Income Projected: 600.0

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
07/22/2021 07/22/21 Sold $1,100,000 +10.0% $393 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $999,999 +135.3% $357 / Sq Ft
12/28/2012 12/28/12 Sold $425,000 +1.2% $161 / Sq Ft
11/28/2012 11/28/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $420,000 -- $159 / 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: 210017483

San Diego MLS

APN: 556-102-02-00