NOT LISTED FOR SALE
8 Beds
4 Baths
3,090 Sq Ft
0.3 Acres

Last Sold August 30, 2018

Last sale price $1,000,000 $324 Per Sq Ft

14 Days on Market

Highlights

  • 12,894 Sq Ft lot
  • Valley View
  • Tankless Water Heater
  • Property Near a Canyon
  • Cul-De-Sac
  • Laundry Facilities

About This Home

As of August 2018

Exceptional Investment Property in Up-and-Coming CITY HEIGHTS. This 4-Unit has four 2 bed/1 bath apts & sits on a large 12,894 sqft canyon lot on a quiet cul-de-sac street. Easy access to fwys, close to Downtown, Naval Base 32nd, and SDSU. 6 off-street parking spots and plenty of street parking. Many updates including new windows, exterior paint, quartz counters, tankless water htr. On-site laundry. 1 unit fully updated. 1 unit scheduled to have kitchen updated. 2 units w/private canyon view patios. PLEASE DO NOT DISTURB RESIDENTS! DRIVE BY ONLY! Shown with accepted offer.

Last Agent to Sell the Property

Janice Fernando

Keller Williams Realty License #02007126 Listed on: 07/19/2018

Keller Williams Realty

Last Buyer's Agent

Janice Fernando

Keller Williams Realty License #02007126 Listed on: 07/19/2018

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • 0.3 Acre Lot
  • Property Near a Canyon
  • Cul-De-Sac
  • Partially Fenced Property
  • Gentle Sloping Lot

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Valley Views

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Gravity Heating System
  • Tankless Water Heater

Community Details

  • 4 Units
  • Laundry Facilities
  • Net Operating Income $43,851

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 476-573-17-00

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Laurel St
  • Neighborhood: City Heights - Swan Canyon
  • Supplement: PLEASE DO NOT DISTURB RESIDENTS! DRIVE BY ONLY! Shown with accepted offer.
  • LP / Sq Ft: 19.32
  • Stories: 2 Story
  • Sale Price List Price: 1.02
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1973

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Tile/Clay
  • View: Valley/Canyon

Utilities

  • Water Heater Type: Tankless
  • Heat Equipment: Radiant, Wall/Gravity

Condo/Co-op/Association

  • Community: CITY HEIGHTS
  • Complex Features: Laundry Facilities

Lot Info

  • Lot Size: .25 to .5 AC
  • Site: Cul-De-Sac
  • Topography: Canyon/Valley, Slope Gentle
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 476-573-17-00
  • Estimated Lot Sq Ft: 12894

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 43851
  • Annual Expense Actual: 16786
  • Annual Expense Projected: 25689
  • Gross Rent Multiplier Actual: 14.18
  • Gross Rent Multiplier Projected: 12.85
  • Gross Sched Income Actual: 69480
  • Gross Sched Income Projected: 76680
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 1680
  • Other Income Projected: 1680.0

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
08/30/2018 08/30/18 Sold $1,000,000 +1.5% $324 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $985,000 -- $319 / 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: 180039617

San Diego MLS

APN: 476-573-17-00