NOT LISTED FOR SALE
7 Beds
5 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold August 31, 2015

Last sale price $538,650

1 Day on Market

Highlights

  • City View
  • Level Lot
  • 5-minute walk to Grant Hill Park
  • Gated Home

About This Home

As of August 2015

2725-29 G Street is the unique investment opportunity you have been looking for! This property is a huge value add opportunity. It has been owned by the same family for over 60 years and is perfect for for a value add investor/developer. There is no limit with what you can do with the G Street Apartments. The four units are located in three detached buildings with one attached garage. G Street Apartments also has an ideal unit mix of (2) 1 bedrooms, (2) 2 bedrooms, and (1) 3 bedroom.

Last Agent to Sell the Property

David Cameron

South Coast Commercial, Inc. License #01269169 Listed on: 07/24/2015

Last Buyer's Agent

Alex Gamboa

Realty Experts License #01948446

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • Gated Home
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Property Views

  • City Views

Home Design

  • Split Level Home
  • Composition Roof
  • Stucco Exterior

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 535-310-06-00

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Net Operating Income $9,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: G St. & 27th St.
  • Neighborhood: Grant Hill
  • LP / Sq Ft: 10.97
  • Stories: Split Level
  • Sale Price List Price: 0.95
  • Year Built: 1956
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Gate, Partial
  • Roof: Composition
  • View: City

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

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, Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 535-310-06-00
  • Land Use Code: R-3
  • Water District URL: http://www.ci.san-diego.ca.us/water

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 9060
  • Annual Expense Actual: 18119
  • Annual Expense Projected: 18119
  • Gross Rent Multiplier Actual: 20.2
  • Gross Rent Multiplier Projected: 7.9
  • Gross Sched Income Actual: 28020
  • Gross Sched Income Projected: 71760
  • Number Of Buildings: 3
  • Number Of Units With Garage: 1

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
08/31/2015 08/31/15 Sold $538,650 -4.7% --
07/24/2015 07/24/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $565,000 -- --
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: 150040740

San Diego MLS

APN: 535-310-06-00