NOT LISTED FOR SALE
2 Beds
3 Baths
1,692 Sq Ft
6,409 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $1,510,000 $892 Per Sq Ft

20 Days on Market

Highlights

  • Corner Lot
  • Fireplace
  • Property is Fully Fenced
  • McKinley Elementary School Rated A
  • Floor Furnace
  • Wood Siding

About This Home

As of May 2022

Talk about endless possibilities with this North Park Triplex. Cute craftsman style main home in the front of the lot and two stacked studio units in the rear and a detached garage and yard space! This 6400 sq ft lot fronts upas and has side alley access and is located just 7 blocks from Alexanders, The Taco Stand, Modern Times, Leftys and Underbelly. Either live in the front and rent the rear studios or own a very desirable income property in one of the hippest spots in San Diego. The main home is 2 bedrooms 1 large bathroom with two flex spaces which could work as home office space or potentially a large walk in closet or 3rd bedroom. The rear units are studio units with full kitchenettes and full bathrooms. All units need some TLC to bring this triplex to its full potential.

Last Agent to Sell the Property

Theodore Schulz

Schulz Companies Inc. License #01774817 Listed on: 03/28/2022

Last Buyer's Agent

Huda Diab

Compass License #01874384

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1939

Lot Details

  • 6,409 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 453-771-17-00

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • North Park Community

Building Details

  • Net Operating Income $57,538

Property Details

Home Type

Multi-Family

Year Built

1939

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Felton
  • Neighborhood: North Park
  • Stories: 2 Story
  • Sale Price List Price: 1.01
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1939

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Available, Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Fireplace, Floor Furnace

Condo/Co-op/Association

  • Complex Name: North park
  • Community: NORTH PARK

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Corner Lot
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 453-771-17-00
  • Estimated Lot Dimensions: 64x100
  • Estimated Lot Sq Ft: 6409

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 57538
  • Annual Expense Actual: 4262
  • Gross Rent Multiplier Actual: 24.0
  • Gross Sched Income Actual: 61800
  • Number Of Buildings: 3
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1

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 List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $1,510,000 +0.7% $892 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $1,499,900 0.0% $886 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $1,499,900 -- $886 / 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: 220007009

San Diego MLS