NOT LISTED FOR SALE

2850-2856 E Broadway San Diego, CA 92102

Golden Hill Neighborhood
8 Beds
4 Baths
2,800 Sq Ft
1950 Built

Last Sold March 12, 2020

Last sale price $1,200,000 $429 Per Sq Ft

Highlights

  • Gated Community
  • Property is Fully Fenced
  • 1-Story Property
  • Laundry Facilities

About This Home

As of March 2020

Offer accepted before input to MLS, input for comps only, do not call agent, contingencies being removed, inspections done. Lovely well maintained four plex with four one car garages in lovely gated lushly landscaped yard. Sits high up street, front and back security gates. Same owner for 22 years, all units updated, well laid out with similar updates and footprints. Long term tenants have been respected rents are under market. All units have nice upgrades Onsite laundry room with owned coin operated washer and dryer extra bit of income. 2019 2854 remodeled after long term tenant moved on, new appliances, ceiling fans and lights, wood laminate floors and ceramic tile in kitchen. All units done with same pride of ownership. All new electrical panel per SDG&E going underground, no hassle property, repairs are being completed on back four garages, new buyer will have nothing to do but collect rent and laundry money. Super nice tenants, never late. Highly sought after neighborhood, sold before put in MLS, do not call agent, not taking back ups.

Last Agent to Sell the Property

Sandy Booth

Realty Source Incorporated License #00964554 Listed on: 02/12/2020

Last Buyer's Agent

Jason Lee

Nara Advisors, Inc. License #02068011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Property is Fully Fenced

Community Details

  • 4 Units
  • Laundry Facilities
  • Net Operating Income $43,800
  • Gated Community

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 539-522-23-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: 28th
  • Neighborhood: Golden Hill
  • Supplement: Onsite laundry room with owned coin operated washer and dryer extra bit of income. 2019 2854 remodeled after long term tenant moved on, new appliances, ceiling fans and lights, wood laminate floors and ceramic tile in kitchen. All units done with same pride of ownership. All new electrical panel per SDG&E going underground, no hassle property, repairs are being completed on back four garages, new buyer will have nothing to do but collect rent and laundry money. Super nice tenants, never late. Highly sought after neighborhood, sold before put in MLS, do not call agent, not taking back ups.
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1950
  • 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: Full
  • Roof: Composition

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Community: SAN DIEGO
  • Complex Features: Gated Community, Laundry Facilities

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R4
  • Assessor Parcel Number: 539-522-23-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 43800
  • Annual Expense Actual: 34800
  • Gross Rent Multiplier Actual: 7.0
  • Gross Sched Income Actual: 78600
  • Gross Sched Income Projected: 86400
  • Number Of Buildings: 1
  • Number Of Units With Garage: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 1
  • Other Income Actual: 1200

Range of Values:

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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
03/12/2020 03/12/20 Sold $1,200,000 0.0% $429 / Sq Ft
02/12/2020 02/12/20 For Sale $1,200,000 -- $429 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sandy Booth

    Realty Source Incorporated

    Section Image
  • Jason Lee

    Buyer's Agent in 2020

    Jason Lee

    Nara Advisors, Inc.

    (858) 221-9649

    2 in this area

    124 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 200007227

San Diego MLS

California San Diego County San Diego 92102 Golden Hill

2850-2856 E Broadway, San Diego, CA

This home is located at 2850-2856 E Broadway, San Diego, CA 92102 since 12 February 2020. This property was built in 1950. 2850-2856 E Broadway is a home located in San Diego County with nearby schools including Golden Hill Elementary School, Roosevelt International Middle School, and Albert Einstein Academy.

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