NOT LISTED FOR SALE
3 Beds
4 Baths
2,160 Sq Ft
6,970 Sq Ft Lot

Last Sold April 30, 2020

Last sale price $897,500 $416 Per Sq Ft

5 Days on Market

About This Home

As of April 2020

We are proud to present the “The E Street Apartments", a four-unit apartment community situated in Golden Hill consisting of three 1 bedroom / 1 bath units and one studio unit on a 7,313 square foot lot. The property has been meticulously maintained over the years with many interior and exterior updates. Residents enjoy on-site parking and a large common area backyard. The subject property is ideal for the investor looking for an asset in a very desirable rental market in Central San Diego.

Last Agent to Sell the Property

Chris Sarver

Acre Investment Real Estate License #01886309 Listed on: 01/22/2020

Last Buyer's Agent

Thomas McCartin

Marcus & Millichap License #01427348

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 6,970

Interior Spaces

  • 2-Story Property

Community Details

  • 4 Units
  • Net Operating Income $39,501

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 534-412-13-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: 27th Street
  • Neighborhood: Golden Hill
  • Stories: 2 Story
  • Sale Price List Price: 0.94
  • Total Stories: 2
  • Year Built: 1938
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-4
  • Assessor Parcel Number: 534-412-13-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 39501
  • Gross Rent Multiplier Actual: 15.36
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $897,500 -5.5% $416 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $950,000 -- $440 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,917 $981,542 $749,145 $232,397
2024 $11,917 $962,297 $734,456 $227,841
2023 $11,649 $943,429 $720,055 $223,374
2022 $11,340 $924,932 $705,937 $218,995
2021 $11,260 $906,797 $692,096 $214,701
2020 $2,605 $204,917 $113,110 $91,807
2019 $2,560 $200,900 $110,893 $90,007
2018 $2,396 $196,962 $108,719 $88,243
2017 $2,338 $193,101 $106,588 $86,513
2016 $2,297 $189,316 $104,499 $84,817
2015 $2,264 $186,473 $102,930 $83,543
2014 $2,230 $182,821 $100,914 $81,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200003572

San Diego MLS

APN: 534-412-13-00