NOT LISTED FOR SALE

2904 Market St San Diego, CA 92102

Grant Hill Neighborhood
7 Beds
4 Baths
2,625 Sq Ft
6,359 Sq Ft Lot

Last Sold March 25, 2022

Last sale price $995,000 $379 Per Sq Ft

5 Days on Market

Highlights

  • City View
  • Wood Siding
  • Gravity Heating System

About This Home

As of March 2022

Own an amazing 4-unit cash flowing investment property in the up and coming neighborhood of Grant Hill, directly adjacent to downtown. This property's unit mix consists of a 3/1, 2/1, 1/1, and 1/1. Both of the 1/1's have their own private yard space. Each unit has it's own assigned parking space. This area is booming, the rents are increasing, and this type of product does not hit the market often!

Last Agent to Sell the Property

Maxwell Ventura

eXp Realty of California, Inc. License #02082438 Listed on: 02/02/2022

eXp Realty of California, Inc.

Co-Listed By

Jeff Discher

eXp Realty of Southern California, Inc. License #01400184

Last Buyer's Agent

Sean Bascom

South Coast Commercial, Inc. License #01862044

South Coast Commercial, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1929

Lot Details

  • 6,359 Sq Ft Lot

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • City Views

Utilities

  • Gravity Heating System
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 4 Units
  • Hoitts Addition Community

Listing and Financial Details

  • Assessor Parcel Number 545-101-01-00

Property Details

Home Type

Multi-Family

Year Built

1929

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Central
  • Cross Street: 29th
  • Neighborhood: Grant Hill
  • LP / Sq Ft: 18.61
  • Stories: 2 Story
  • Sale Price List Price: 0.95
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1929

Exterior Features

  • Exterior Material: Wood
  • Roof: Composition, Rolled/Hot Mop
  • View: City

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Hoitts Addition
  • Community: LOGAN HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Easement Access
  • Assessor Parcel Number: 545-101-01-00
  • Estimated Lot Sq Ft: 6359

Multi Family

  • No. of Units: 4
  • Gross Rent Multiplier Actual: 15.65
  • Gross Rent Multiplier Projected: 12.1
  • Gross Sched Income Actual: 67020
  • Gross Sched Income Projected: 86700
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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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 Change Sq Ft Price
03/25/2022 03/25/22 Sold $995,000 -5.1% $379 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $1,049,000 +38.2% $400 / Sq Ft
10/22/2020 10/22/20 Sold $759,000 +1.3% $353 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $749,000 -- $348 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Maxwell Ventura

    Seller's Agent in 2022

    Maxwell Ventura

    eXp Realty of California, Inc.

    (619) 944-2580

    2 in this area

    53 Total Sales

    Section Image
  • Jeff Discher

    Seller Co-Listing Agent in 2022

    Jeff Discher

    eXp Realty of Southern California, Inc.

    (619) 363-4038

    1 in this area

    93 Total Sales

    Section Image
  • Sean Bascom

    Buyer's Agent in 2022

    Sean Bascom

    South Coast Commercial, Inc.

    (619) 916-9179

    2 in this area

    23 Total Sales

    Section Image

  • J

    Seller's Agent in 2020

    Julian Tafoya

    Home Investment Center

    (619) 203-1805

    1 in this area

    1 Total Sale

    Section Image
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Map

Source: San Diego MLS

MLS Number: 220002253

San Diego MLS

California San Diego County San Diego 92102 Grant Hill

2904 Market St, San Diego, CA

This home is located at 2904 Market St, San Diego, CA 92102 since 02 February 2022. This property was built in 1929. 2904 Market St is a home located in San Diego County with nearby schools including Kimbrough Elementary School, Logan Memorial Educational Campus, and King-Chavez Primary Academy.

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