NOT LISTED FOR SALE

3144-48 Newton Ave San Diego, CA 92113

Logan Heights Neighborhood
8 Beds
4 Baths
2,430 Sq Ft
8,993 Sq Ft Lot

Last Sold May 22, 2018

Last sale price $775,000 $319 Per Sq Ft

2 Days on Market

Highlights

  • Property is Fully Fenced
  • Level Lot
  • 1-Story Property

About This Home

As of May 2018

3 detached units in up and coming Logan Heights. Property would be great as an investment or to live onsite & rent the other 2 units. Main house is 4 bed, 2 bath that has been nicely remodeled with a beautiful kitchen and baths. Private, gated yard with synthetic turf and large patio area. Newer central heat. Steep pitched roof and stand-up attic could allow for more square footage. Back two units are detached and feature 2 beds and 1 bath each and are in very good condition. All 3 units have own laundry

Last Agent to Sell the Property

John Lieber

New Leaf Realty License #01825624 Listed on: 04/24/2018

Last Buyer's Agent

David Andrews

Invest SD License #01248149

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2008

Lot Details

  • 8,993 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

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, gas/propane
  • Assessor Parcel Number 550-150-15-00

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Net Operating Income $35,960

Property Details

Home Type

Multi-Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: 32nd
  • Neighborhood: Logan Heights
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 2008
  • 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: Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 550-150-15-00
  • Estimated Lot Sq Ft: 8993
  • Estimated Number of Acres: 0.21
  • Map Code Column: E
  • Map Code Page: 1289
  • Map Code Row: 6

Rental Info

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

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 35960
  • Annual Expense Actual: 17500
  • Gross Rent Multiplier Actual: 13.9
  • Gross Rent Multiplier Projected: 12.5
  • Gross Sched Income Actual: 53640
  • Gross Sched Income Projected: 60000
  • Number Of Buildings: 3
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

Range of Values:

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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
05/22/2018 05/22/18 Sold $775,000 -3.0% $319 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $799,000 +113.1% $329 / Sq Ft
02/10/2012 02/10/12 Sold $375,000 +2.7% $154 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $365,000 -- $150 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Lieber

    Seller's Agent in 2018

    John Lieber

    New Leaf Realty

    (619) 922-1000

    59 Total Sales

    Section Image
  • David Andrews

    Buyer's Agent in 2018

    David Andrews

    Invest SD

    (619) 518-8598

    6 in this area

    23 Total Sales

    Section Image

  • A

    Seller's Agent in 2012

    Annie Pan

    Golden Asset Realty

    (858) 386-3002

    5 Total Sales

    Section Image

  • Q

    Seller Co-Listing Agent in 2012

    Quentin Norman

    Quentin Norman, Broker

    Section Image
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Map

Source: San Diego MLS

MLS Number: 180021250

San Diego MLS

California San Diego County San Diego 92113 Logan Heights

3144-48 Newton Ave, San Diego, CA

This home is located at 3144-48 Newton Ave, San Diego, CA 92113 since 24 April 2018. This property was built in 2008. 3144-48 Newton Ave is a home located in San Diego County with nearby schools including Rodriguez Elementary School, Logan Memorial Educational Campus, and King-Chavez Academy Of Excellence.

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