NOT LISTED FOR SALE

2607 K St Unit 17 San Diego, CA 92102

Grant Hill Neighborhood
4 Beds
4 Baths
1,870 Sq Ft
6,942 Sq Ft Lot

Last Sold May 14, 2018

Last sale price $664,500 $355 Per Sq Ft

40 Days on Market

Highlights

  • Partially Fenced Property
  • Wood Siding
  • 4-minute walk to Grant Hill Park
  • Gentle Sloping Lot
  • 1-Story Property

About This Home

As of May 2018

Wow! Two cottages plus a duplex for a total of 4 units. All are one bedroom/one bath units. Situated on a large rectangular lot; close to Downtown and Petco Park, in the up and coming Sherman Heights neighborhood. Clean property with parking for each unit. Separate laundry room provides extra income. Long term tenants. Rents are low and could be raised. Excellent opportunity for this income property.

Last Agent to Sell the Property

Fred Giovanetti

Dunn, REALTORS/Park Pacific License #01020820 Listed on: 02/06/2018

Last Buyer's Agent

Carlos Gutierrez

eXp Realty of California, Inc. License #01507102

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,942 Sq Ft Lot
  • Partially Fenced Property
  • Gentle Sloping Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 535-501-14-00

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: 26th Street
  • Neighborhood: Sherman Heights
  • Stories: 1 Story
  • Sale Price List Price: 0.89
  • Total Stories: 1
  • Year Built: 1946
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Partial
  • 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

  • Community: SAN DIEGO
  • Manager Name: Fred
  • Manager Phone: 858-405-6858

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: 4,000-7,499 SF
  • Site: Alley Access, Public Street, Sidewalks
  • Topography: Slope Gentle
  • Assessor Parcel Number: 535-501-14-00
  • Estimated Lot Sq Ft: 6942

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 30000
  • Annual Expense Actual: 11000
  • Gross Rent Multiplier Actual: 16.9
  • Gross Rent Multiplier Projected: 13.5
  • Gross Sched Income Actual: 41400
  • Gross Sched Income Projected: 51600
  • Number Of Buildings: 3
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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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
05/14/2018 05/14/18 Sold $664,500 -10.8% $355 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
03/12/2018 03/12/18 Price Changed $745,000 -6.9% $398 / Sq Ft
02/09/2018 02/09/18 Price Changed $800,000 +14.3% $428 / Sq Ft
02/06/2018 02/06/18 For Sale $700,000 -- $374 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Fred Giovanetti

    Seller's Agent in 2018

    Fred Giovanetti

    Dunn, REALTORS/Park Pacific

    (858) 405-6858

    38 Total Sales

    Section Image
  • Carlos Gutierrez

    Buyer's Agent in 2018

    Carlos Gutierrez

    eXp Realty of California, Inc.

    (858) 864-8741

    4 in this area

    159 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 180006392

San Diego MLS

APN: 535-501-14-00

California San Diego County San Diego 92102 Grant Hill

2607 K St Unit 17, San Diego, CA

This home is located at 2607 K St Unit 17, San Diego, CA 92102 since 06 February 2018. This property was built in 1946. 2607 K St Unit 17 is a home located in San Diego County with nearby schools including Sherman Elementary School, Logan Memorial Educational Campus, and Albert Einstein Academy Charter Middle.

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