NOT LISTED FOR SALE

2449 Boundary St San Diego, CA 92104

North Park Neighborhood
6 Beds
4 Baths
2,398 Sq Ft
1953 Built

Last Sold January 08, 2021

Last sale price $1,480,000 $617 Per Sq Ft

19 Days on Market

Highlights

  • 10,497 Sq Ft lot
  • Property Near a Canyon
  • Laundry Facilities
  • McKinley Elementary School Rated A
  • Valley View
  • Partially Fenced Property

About This Home

As of January 2021

Two Duplexes with 2- 2 car gar. 2/2 & 2/1 bed. Hwd fls. in all units, all Windows and doors have been replaced, 3 newer decks with TREX like material, onsite owned coin operated laundry. Kitchens and bathrooms have their super cool original tile from the 50's. Excellent long term tenants. Very cool and unique property in a great single family residential neighborhood. Rents are below market due to long term tenants. 3 of the units are on month to month, 1 unit is on lease until Jan 31. These units are highly sought after as rentals and tenants tend to stay very long term including one from 2007. Very quiet and safe neighborhood. Tons of street parking. The operating expenses are very low and only include water (apx. $225/month) and landscape maintenance ($90/month).

Last Agent to Sell the Property

Cody Toyer

The Metropolitan Group License #01723000 Listed on: 10/29/2020

Last Buyer's Agent

James Crandall

Compass License #01422513

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 10,497 Sq Ft Lot
  • Property Near a Canyon
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Valley Views

Eco-Friendly Details

  • Sprinklers on Timer

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 454-651-07-00

Community Details

Overview

  • 4 Buildings
  • 4 Units

Pet Policy

  • Breed Restrictions

Additional Features

  • Laundry Facilities
  • Net Operating Income $62,820

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Maple
  • Neighborhood: North Park
  • Supplement: These units are highly sought after as rentals and tenants tend to stay very long term including one from 2007. Very quiet and safe neighborhood. Tons of street parking. The operating expenses are very low and only include water (apx. $225/month) and landscape maintenance ($90/month).
  • LP / Sq Ft: 17.67
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Total Stories: 1
  • Year Built: 1953
  • 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: Stucco
  • Fencing: Partial
  • Roof: Composition
  • View: Valley/Canyon

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: NORTH PARK
  • Complex Features: Laundry Facilities, Pet Restrictions

Lot Info

  • Irrigation: Automatic, Drip
  • Lot Size: 7,500-10,889 SF
  • Site: Public Street, Sidewalks, Street Paved
  • Topography: Canyon/Valley
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 454-651-07-00
  • Estimated Lot Sq Ft: 10497
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: F
  • Map Code Page: 1289
  • Map Code Row: 9

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 62820
  • Annual Expense Actual: 3780
  • Gross Rent Multiplier Actual: 22.44
  • Gross Rent Multiplier Projected: 81600.0
  • Gross Sched Income Actual: 66600
  • Number Of Buildings: 4
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 40

Range of Values:

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Average Value
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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
01/08/2021 01/08/21 Sold $1,480,000 -1.0% $617 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $1,495,000 -- $623 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cody Toyer

    The Metropolitan Group

    (619) 847-7022

    1 in this area

    7 Total Sales

    Cody Toyer
    Section Image

  • J

    Buyer's Agent in 2021

    James Crandall

    Compass

    Section Image
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Map

Source: San Diego MLS

MLS Number: 200050145

San Diego MLS

California San Diego County San Diego 92104 North Park

2449 Boundary St, San Diego, CA

This home is located at 2449 Boundary St, San Diego, CA 92104 since 29 October 2020. This property was built in 1953. 2449 Boundary St is a home located in San Diego County with nearby schools including McKinley Elementary School, Roosevelt International Middle School, and Mcgill School Of Success.

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