NOT LISTED FOR SALE

2622 Island Ave Unit 2622-2626 San Diego, CA 92102

Grant Hill Neighborhood
6 Beds
-- Bath
3,501 Sq Ft
7,000 Sq Ft Lot

Last Sold December 16, 2021

Last sale price $1,375,000 $393 Per Sq Ft

65 Days on Market

Highlights

  • Coastline Views
  • Wood Flooring
  • Den
  • Property is near a park
  • No HOA
  • 3-minute walk to Grant Hill Park

About This Home

As of December 2021

Front Unit Airbnb Set-up. Rare opportunity to own a R-2 Duplex, two detached homes on a 7,000 square foot lot =/- in Historic Grant Hill...a real Gem! The front unit built in 2012 is a 3br 2.5ba, 2,242 sq.ft. Craftsman design with full front porch and a sleeper porch on the second story, double hung wood windows, woodwork and trim, and a flexible layout. A living room with fireplace, family room, dining room, and large master. From the second story you can see all the way to Otay Mountain, Mexico, Point Loma, and Downtown to Petco Park! The house has a large size and was carefully designed with inputs from the Historical Resources Board. The rear unit built in 2002 is a 3br 2ba, 1,259 sq.ft. single story with 9ft ceilings, nice features, newer paint and flooring, and a flexible layout. Both units have their own separate 2 car garages with alley access and off-street parking. Excellent location walk to Grant Hill Park, Golden Hill, shopping, close to freeway access and transit for everything San Diego has to offer. Individual gas and electric meters.

Special Character Multi-family overlay zone of the Southeast San Diego Planned District
Grant Hill Park District

Last Agent to Sell the Property

HARRISON GORMAN

White Oak Holdings, Inc. License #01987740 Listed on: 08/25/2021

Last Buyer's Agent

Kate Hamidi

Compass License #01408305

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2012 | Remodeled

Lot Details

  • 7,000 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Chain Link Fence
  • Redwood Fence
  • Fence is in average condition
  • Rectangular Lot
  • Front Yard Sprinklers
  • On-Hand Building Permits

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener
  • Parking Lot

Property Views

  • Coastline
  • Bay
  • Harbor
  • Bridge
  • City Lights
  • Bluff
  • Views of a landmark

Home Design

  • Duplex
  • Entry on the 1st floor
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Concrete Perimeter Foundation
  • HardiePlank Type
  • Copper Plumbing

Interior Spaces

  • 3,501 Sq Ft Home
  • 2-Story Property
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Low Emissivity Windows
  • Plantation Shutters
  • Bay Window
  • Wood Frame Window
  • Casement Windows
  • Window Screens
  • Family Room
  • Living Room with Fireplace
  • Den
  • Center Hall

Kitchen

  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • Mirrored Closets Doors

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Halls are 36 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Whole House Fan
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, janitorial service, telephone
  • Legal Lot and Block 30,31 / 39
  • Assessor Parcel Number 5352821600

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • San Diego Subdivision

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $600
  • Insurance Expense $2,649
  • Maintenance Expense $2,000
  • Trash Expense $800
  • Water Sewer Expense $2,400
  • New Taxes Expense $10,467
  • Operating Expense $18,116
  • Gross Income $62,400
  • Net Operating Income $42,412

Property Details

Home Type

Multi-Family

Year Built

Built in 2012 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 2.80
  • Other Phone Description: Office
  • Other Phone Number: 6269880560
  • Price Per Unit: 749500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security Lights, Smoke Detector(s)
  • Subdivision Name Other: San Diego
  • View: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: R2
  • Property Condition: Building Permit, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5352821600
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Ceiling Fan(s), Chair Railings, Copper Plumbing Full, Crown Molding, Pantry
  • Stories: 2
  • Entry Location: From Island Ave.
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: 2+ Access Exits, 36 Inch Or More Wide Halls
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One, Two
  • Price Per Square Foot: 392.74
  • Room Type: All Bedrooms Up, Center Hall, Den, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom
  • Window Features: Bay Window(s), Casement Windows, Low Emissivity Windows, Plantation Shutters, Screens, Shutters, Wood Frames

Exterior Features

  • Direction Faces: South
  • Foundation: Concrete Perimeter, Raised
  • Exterior Features: Lighting, Rain Gutters
  • View: Bay, Bluff, Bridge(s), City Lights, Coastline, Harbor, Landmark
  • Fence: Yes
  • Fencing: Average Condition, Chain Link, Redwood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Hardiplank Type

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Rear, Garage Door Opener, On Site, Parking Space
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Electric: Standard
  • Heating Type: Central, Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 800.00
  • Water Source: Public
  • Cooling: Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot, Park Nearby, Sprinkler System, Sprinklers In Front
  • Lot Size: 7,000 - 50/140
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Rental Info

  • Tenant Pays: Electricity, Gas, Janitorial Service, Telephone

Multi Family

  • Gross Income: 62400.00
  • Gross Operating Income: 60528.00
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 2649.00
  • Lot Size Area: 7000.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 42412.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 18116.00
  • Operating Expense Percent: 29.93
  • Rent Control: No
  • Total Actual Rent: 5200.00
  • Total Expenses: 18116.00
  • Vacancy Allowance: 1872
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 10467.00
  • Tax Block: 39
  • Tax Census Tract: 48.00
  • Tax Lot: 30,31
  • Tax Tract Number: DB0014

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2021 12/16/21 Sold $1,375,000 -8.3% $393 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $1,499,000 -- $428 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    HARRISON GORMAN

    White Oak Holdings, Inc.

    Section Image
  • Kate Hamidi

    Buyer's Agent in 2021

    Kate Hamidi

    Compass

    (858) 722-2666

    2 in this area

    19 Total Sales

    Kate Hamidi
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21187849

California Regional Multiple Listing Service (CRMLS)
California San Diego County San Diego 92102 Grant Hill

2622 Island Ave Unit 2622-2626, San Diego, CA

This home is located at 2622 Island Ave Unit 2622-2626, San Diego, CA 92102 since 25 August 2021. This property was built in 2012. 2622 Island Ave Unit 2622-2626 is a home located in San Diego County with nearby schools including Sherman Elementary School, Logan Memorial Educational Campus, and King-Chavez Primary Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes