$1,100,000
SOLD JUL 20, 2020

2959 Laurel St San Diego, CA 92104

North Park Neighborhood
3 Beds
3 Baths
1,906 Sq Ft
8,535 Sq Ft Lot

Recently Sold

$577 Per Sq Ft

12% Below List Price

50 Days on Market

Highlights

  • Fireplace
  • Security System Owned
  • Level Lot
  • McKinley Elementary School Rated A
  • Gated Home
  • 1-Story Property

About This Home

As of July 2020

Beautiful Spanish duplex! Both units have their own private yard, laundry, and parking. The spacious main house and the detached, 1 bedroom rental home are entirely separate making it an ideal situation for privacy. Owner has made improvements to the plumbing, electrical, paint, window ballasts, and roof(s), while keeping the original architectural integrity. This is an ideal location, walking distance to the heart of South Park shopping, eateries, and cafes. Do not miss out on this charming complex!

Last Agent to Sell the Property

Marty Castro

Castro Group License #01335276 Listed on: 04/18/2020

Last Buyer's Agent

Marty Castro

Castro Group License #01335276 Listed on: 04/18/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 8,535 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Composition Roof
  • Clay Roof

Interior Spaces

  • 1-Story Property
  • Fireplace

Home Security

  • Window Bars
  • Security System Owned

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $20,670

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: 30th Street
  • Neighborhood: South Park
  • LP / Sq Ft: 18.07
  • Stories: 1 Story
  • Sale Price List Price: 0.94
  • Total Stories: 1
  • Year Built: 1934
  • Allow Comments Review: Yes
  • 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: Wood/Stucco
  • Fencing: Full, Gate
  • Roof: Composition, Tile/Clay

Utilities

  • Security: Eqpt Owned, Security Bars
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Fireplace, Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: NORTH PARK

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: 7,500-10,889 SF
  • Site: Curbs, Public Street, Rear Yd Str Access, Sidewalks
  • Topography: Level
  • Zoning: R1-7
  • Assessor Parcel Number: 539-021-04-00
  • Estimated Lot Sq Ft: 8535
  • Estimated Number of Acres: 0.2
  • Map Code Column: E
  • Map Code Page: 1289
  • Map Code Row: 1

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 20670
  • Annual Expense Actual: 2730
  • Annual Expense Projected: 2730
  • Gross Rent Multiplier Actual: 53.38
  • Gross Rent Multiplier Projected: 18.59
  • Gross Sched Income Actual: 23400
  • Gross Sched Income Projected: 67200
  • 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

  • Marty Castro

    Seller's Agent in 2020

    Marty Castro

    Castro Group

    (619) 820-4663

    1 in this area

    75 Total Sales

    Marty Castro
    Section Image
  • David Brownlee

    Seller's Agent in 2016

    David Brownlee

    Big Block Realty, Inc.

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 200017737

San Diego MLS

APN: 539-021-04-00

California San Diego County San Diego 92104 North Park

2959 Laurel St, San Diego, CA

This home is located at 2959 Laurel St, San Diego, CA 92104 and is currently priced at $1,100,000, approximately $577 per square foot. This property was built in 1934. 2959 Laurel St is a home located in San Diego County with nearby schools including McKinley Elementary School, Roosevelt International Middle School, and Mcgill School Of Success.

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