NOT LISTED FOR SALE
4 Beds
3 Baths
1,740 Sq Ft
4,857 Sq Ft Lot

Last Sold November 08, 2013

Last sale price $580,000 $333 Per Sq Ft

29 Days on Market

About This Home

As of November 2013

Traditional Sale! Incredible opportunity to own this 3 unit property. Prime North Park/ South Park area. New dual pane windows, new paint, garden setting and hardwood floors. Alley access, off street parking. Great rental area. Two 2/1 units, one 0/1 and 2 garages. Rents are low, Huge upside potential. Traditional Sale. Seller can close as quickly as buyers desire. Property is being sold AS IS and no requests for repairs are expected by seller. The seller has never occupied the property, has limited knowledge of property and surrounding areas. This home is being sold in its current "as is" condition. The buyer is to complete thorough investigations before close of escrow. The buyer/ buyers' agent shall verify all information contained herein before close of escrow. Information contained herein is deemed reliable but IS NOT GUARANTEED. Buyer to verify Square footage, Room sizes, sewer and septic information, utility availability and utility company information including but not limited to water, electric, gas, sewer, septic, cable and other communication services, Property Mgmt Co, % of Owner Occupancy, Parking location, Schools & Services to buyer satisfaction before signing Escrow Papers.

Last Listed By

David Zvaifler

Pacific Pines Real Estate License #01901432 Listed on: 09/10/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 4,857 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 3-Story Property

Community Details

  • 3 Units
  • Net Operating Income $38,000

Listing and Financial Details

  • Tenant pays for trash, water, electricity, gas/propane
  • Assessor Parcel Number 453-781-11-00

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 Uptown
  • Cross Street: Thorn St.
  • Neighborhood: NORTH PARK
  • Supplement: Traditional Sale. Seller can close as quickly as buyers desire. Property is being sold AS IS and no requests for repairs are expected by seller. The seller has never occupied the property, has limited knowledge of property and surrounding areas. This home is being sold in its current "as is" condition. The buyer is to complete thorough investigations before close of escrow. The buyer/ buyers' agent shall verify all information contained herein before close of escrow. Information contained herein is deemed reliable but IS NOT GUARANTEED. Buyer to verify Square footage, Room sizes, sewer and septic information, utility availability and utility company information including but not limited to water, electric, gas, sewer, septic, cable and other communication services, Property Mgmt Co, % of Owner Occupancy, Parking location, Schools & Services to buyer satisfaction before signing Escrow Papers.
  • Stories: 3 Story
  • Sale Price List Price: 0.97
  • Total Stories: 3
  • Year Built: 1956
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Walk Score Desc: Car Dependent (Driving Only)
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected

Condo/Co-op/Association

  • Community: NORTH PARK

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 453-781-11-00
  • Land Use Code: MFR
  • Estimated Lot Sq Ft: 4857
  • Map Code Column: F
  • Map Code Page: 1269
  • Map Code Row: 7

Rental Info

  • Tenant Pays: Trash, Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 38000
  • Annual Expense Actual: 2920
  • Annual Expense Projected: 3000
  • Gross Rent Multiplier Actual: 14.6
  • Gross Rent Multiplier Projected: 12.5
  • Gross Sched Income Actual: 40920
  • Gross Sched Income Projected: 48000
  • Number Of Buildings: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Tax Info

  • Assessor Parcel Number: 3123-3127Boundary92104

Range of Values:

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Average Value
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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
11/08/2013 11/08/13 Sold $580,000 -3.2% $333 / Sq Ft
10/09/2013 10/09/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $599,000 -- $344 / 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: 130048513

San Diego MLS

APN: 453-781-11-00