NOT LISTED FOR SALE
4 Beds
4 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold March 18, 2022

Last sale price $1,796,000

3 Days on Market

Highlights

  • Gated Community
  • 1-Story Property
  • Wood Siding
  • Grant K-8 Rated A-
  • Gated Home

About This Home

As of March 2022

We are pleased to present the opportunity to acquire a unique four-plex consisting of four (4) cottage style one-bedroom one-bathroom units just steps to everything Old Town has to offer. This property is currently being operated as a short term rental and comes furnished with great operational history. Each unit has a private outdoor space and the property has the only laundry facility in the neighborhood. This is the prime location in Old Town San Diego with nearby access to the world-famous San Diego Zoo, Balboa Park, Sea World, Coronado, and slightly more distant access to Legoland and Wild Animal Park. Known for its authentic Mexican cuisine, Old Town’s dining is lively and vibrant. For traditional flavors and techniques in an upscale atmosphere, head to El Agave. This second-floor hacienda-style hideaway boasts a mind-blowing tequila collection and a menu specializing in upscale dishes that celebrate indigenous Mexican ingredients. Café Coyote enchants with its festive decor, massive margaritas, strolling mariachis, and open-air atmosphere. You’ll also find authentic fare at Old Town Mexican Cafe y

Last Agent to Sell the Property

Aaron Marcusmillichap

Marcus & Millichap License #01318320 Listed on: 01/31/2022

Last Buyer's Agent

Gail Feldman

LPT Realty,Inc License #01365562

LPT Realty,Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • Gated Home
  • Property is Fully Fenced

Home Design

  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 443-520-47-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Additional Features

  • Net Operating Income $92,909
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro
  • Cross Street: Old Town Ave
  • Neighborhood: Old Town
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Exterior Features

  • Exterior Material: Stucco, Wood
  • Fencing: Full, Gate

Utilities

  • Security: Gated Community

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 443-520-47-00

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 92909
  • Annual Expense Actual: 94627
  • Gross Rent Multiplier Actual: 9.95
  • Gross Sched Income Actual: 180936
  • Number Of Buildings: 2
  • Number Of Furnished Units: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 6600

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
03/18/2022 03/18/22 Sold $1,796,000 -0.2% --
02/04/2022 02/04/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $1,800,000 -- --
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: 220001941

San Diego MLS

APN: 443-520-47-00