NOT LISTED FOR SALE
7 Beds
4 Baths
3,229 Sq Ft
0.5 Acres

Last Sold November 07, 2022

Last sale price $1,855,000 $574 Per Sq Ft

21 Days on Market

Highlights

  • 0.5 Acre Lot
  • No HOA
  • Gentle Sloping Lot
  • Private Yard
  • Laundry Room
  • No Heating

About This Home

As of November 2022

DEVELOPMENT POTENTIAL!! Value is in the land. Property consists of 2 detached single family houses located on a large 21,634 sf lot in Golden Hill - a trendy neighborhood that has been revitalized over the past number of years. The lot slopes slightly towards the south and has alley access behind. Owners unit (3329 C) is 4 bed / 3 bth and the rental unit (3325 C) 3 bed / 1 bth rented at $1,950 / m. This property can accommodate a density of 7 units (no affordable) to 36 units (utilizing affordable density bonus program) per the attached architect study. Zoning is RM 1-1 and provides a density of 1 unit per 3,000 sf of lot area.

Last Agent to Sell the Property

Tommy Crudo

Compass License #01468953 Listed on: 07/06/2022

Compass

Last Buyer's Agent

Irene Bianco

Intero Real Estate Services License #01393904

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.5 Acre Lot
  • No Common Walls
  • Gentle Sloping Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Site comprised of 6 lots. 17, 18, 19, 20, 21 & 22
  • Value in Land

Parking

  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,229 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 167
  • Tax Tract Number 4100
  • Assessor Parcel Number 5395720200

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,000
  • New Taxes Expense $23,000
  • Operating Expense $25,000
  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 1025000
  • Property Attached: No
  • View: No
  • Zoning: Zone: RM 1-1. Density: 1 unit per 300...
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5395720200
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 574.48

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels Description: Site comprised of 6 lots. 17, 18, 19, 20, 21 & 22
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Gentle Sloping, Lawn, Lot 20000-39999 Sqft, Value In Land, Yard
  • Lot Size: Approx. 141.51’ x 153’
  • Lot Size Sq Ft: 21634.00
  • Lot Size Acres: 0.4966

Multi Family

  • Gross Income: 23400.00
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 21634.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 20000.00
  • Rent Control: No
  • Total Expenses: 25000.00

Tax Info

  • New Taxes Expense: 23000.00
  • Tax Lot: 167
  • Tax Tract Number: 004100

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
11/07/2022 11/07/22 Sold $1,855,000 -9.5% $574 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $2,050,000 -- $635 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2207086

California Regional Multiple Listing Service (CRMLS)