NOT LISTED FOR SALE

324 Willie James Jones Ave San Diego, CA 92102

Lincoln Park Neighborhood
6 Beds
2 Baths
1,804 Sq Ft
8,085 Sq Ft Lot

Last Sold June 12, 2017

Last sale price $515,000 $285 Per Sq Ft

18 Days on Market

Highlights

  • Open Space
  • Gated Home
  • 1-Story Property

About This Home

As of June 2017

This two-on-one is located in a flourishing rental market and offers a unique opportunity that is conducive to both strong cash flow & future development. Each of the two detached homes boasts a private yard & in-unit laundry, has been recently remodeled, is ready for immediate move in, and likely to fetch top-of-market rents. Additionally, the 8,085 SqFt lot is zoned RM-2-5, giving the next owner the ability to add up to 3 additional units and further capitalize on this fantastic investment opportunity.

Last Agent to Sell the Property

Kevin Fox

Pacific Real Estate Center License #01947485 Listed on: 04/15/2017

Last Buyer's Agent

Kip Jackson

Pacific Sun Properties License #00405040

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 8,085 Sq Ft Lot
  • Open Space
  • Gated Home
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Bars

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity
  • Assessor Parcel Number 548-130-26-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $31,280

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Imperial
  • Neighborhood: San Diego
  • Stories: 1 Story
  • Sale Price List Price: 1.03
  • Total Stories: 1
  • Year Built: 1948
  • 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: Gate, Partial
  • Frontage: Open Space
  • Roof: Composition

Utilities

  • Security: Security Bars
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: SAN DIEGO
  • Manager Name: Kevin Fox
  • Manager Phone: 858-504-1222

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 548-130-26-00
  • Land Use Code: RM-2
  • Estimated Lot Sq Ft: 8085
  • Estimated Number of Acres: 0.19
  • Map Code Column: A
  • Map Code Page: 1290
  • Map Code Row: 4

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 31280
  • Annual Expense Actual: 4150
  • Gross Rent Multiplier Actual: 11.2
  • Gross Sched Income Actual: 44400
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

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
06/12/2017 06/12/17 Sold $515,000 +3.2% $285 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
04/15/2017 04/15/17 For Sale $499,000 +46.0% $277 / Sq Ft
09/11/2014 09/11/14 Sold $341,800 -2.3% --
08/11/2014 08/11/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $350,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Fox

    Seller's Agent in 2017

    Kevin Fox

    Pacific Real Estate Center

    (858) 504-1222

    31 Total Sales

    Section Image

  • K

    Buyer's Agent in 2017

    Kip Jackson

    Pacific Sun Properties

  • D

    Buyer's Agent in 2017

    Donna Niksich

    Century 21 Affiliated

    (760) 470-1632

    1 Total Sale

    Section Image
  • Glen Henderson

    Seller's Agent in 2014

    Glen Henderson

    LPT Realty,Inc

    (619) 889-7646

    182 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2014

    Shannon Keatley

    Big Block Realty, Inc.

    Section Image

  • N

    Buyer's Agent in 2014

    Non-Member Default

    Default Non-Member Office

See All Agents

Map

Source: San Diego MLS

MLS Number: 170018929

San Diego MLS

California San Diego County San Diego 92102 Lincoln Park

324 Willie James Jones Ave, San Diego, CA

This home is located at 324 Willie James Jones Ave, San Diego, CA 92102 since 15 April 2017. This property was built in 1948. 324 Willie James Jones Ave is a home located in San Diego County with nearby schools including Porter Elementary School, Knox Middle, and Lincoln High School.

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