$890,000
SOLD NOV 15, 2016
3 Beds
3 Baths
1,906 Sq Ft
8,536 Sq Ft Lot

Recently Sold

$467 Per Sq Ft

3% Below List Price

52 Days on Market

Highlights

  • Property is Fully Fenced
  • McKinley Elementary School Rated A
  • 1-Story Property

About This Home

As of July 2020

Rare, ideal investment opportunity for an owner-occupier. At today’s interest rates, an owner-occupier could live here with a mortgage that is less than half the cost of renting the house. Relaxing Spanish Bungalow home and garage only a couple of blocks from Whistlestop, Station, Rebeccas, The Rose and the heart of South Park. Two bedrooms and two full bathrooms in a renovated space is perfect for roommates or small family. Hardwood floors, updated kitchen appliances, colorful bathroom with... Rare, ideal investment opportunity for an owner-occupier. At today’s interest rates, an owner-occupier could live here with a mortgage that is less than half the cost of renting the house. Relaxing Spanish Bungalow home and garage only a couple of blocks from Whistlestop, Station, Rebeccas, The Rose and the heart of South Park. Two bedrooms and two full bathrooms in a renovated space is perfect for roommates or small family. Hardwood floors, updated kitchen appliances, colorful bathroom with whimsical tiles from Puerto Vallarta, recessed ceilings, vintage sconces and lighting, fireplace. Formal dining room and breakfast nook. Central heating. Very quiet street. Long driveway with off street parking for 4 vehicles not including the garage. Landscaped front and back yards with lighting, unique custom fountain, deck, patio and palapa bar INCLUDING 6 foot stainless bar and two full beer kegs. Perfect home for entertaining or relaxing.

Last Agent to Sell the Property

David Brownlee

Big Block Realty, Inc. License #01852732 Listed on: 07/23/2016

Last Buyer's Agent

Marty Castro

Castro Group License #01335276

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 8,536 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Clay Roof
  • Stucco Exterior
  • Adobe

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 539-021-04-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • N/K Community

Building Details

  • Net Operating Income $35,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: 30th
  • Neighborhood: South park
  • Supplement: Rare, ideal investment opportunity for an owner-occupier. At today’s interest rates, an owner-occupier could live here with a mortgage that is less than half the cost of renting the house. Relaxing Spanish Bungalow home and garage only a couple of blocks from Whistlestop, Station, Rebeccas, The Rose and the heart of South Park. Two bedrooms and two full bathrooms in a renovated space is perfect for roommates or small family. Hardwood floors, updated kitchen appliances, colorful bathroom with whimsical tiles from Puerto Vallarta, recessed ceilings, vintage sconces and lighting, fireplace. Formal dining room and breakfast nook. Central heating. Very quiet street. Long driveway with off street parking for 4 vehicles not including the garage. Landscaped front and back yards with lighting, unique custom fountain, deck, patio and palapa bar INCLUDING 6 foot stainless bar and two full beer kegs. Perfect home for entertaining or relaxing.
  • LP / Sq Ft: 22.5
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1951
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 3
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Adobe, Stucco
  • Fencing: Full
  • Roof: Tile/Clay

Condo/Co-op/Association

  • Complex Name: N/K
  • Community: NORTH PARK
  • Manager Name: Jason
  • Manager Phone: 619-757-3472

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 539-021-04-00
  • Land Use Code: R-3
  • Estimated Lot Sq Ft: 8536

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 35500
  • Annual Expense Actual: 9500
  • Annual Expense Projected: 13150
  • Gross Rent Multiplier Actual: 21.11
  • Gross Rent Multiplier Projected: 17.59
  • Gross Sched Income Actual: 45000
  • Gross Sched Income Projected: 54000
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

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Range of Values:

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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
07/20/2020 07/20/20 Sold $1,100,000 -5.6% $577 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/07/2020 06/07/20 Price Changed $1,165,000 -4.4% $611 / Sq Ft
05/13/2020 05/13/20 Price Changed $1,219,000 -2.4% $640 / Sq Ft
04/18/2020 04/18/20 For Sale $1,249,000 +40.3% $655 / Sq Ft
11/15/2016 11/15/16 Sold $890,000 -3.2% $467 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $919,000 0.0% $482 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
08/05/2016 08/05/16 Price Changed $919,000 -3.3% $482 / Sq Ft
07/22/2016 07/22/16 For Sale $950,000 -- $498 / Sq Ft
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: 160040747

San Diego MLS

APN: 539-021-04-00