NOT LISTED FOR SALE

3341-43 Chamoune Ave San Diego, CA 92105

Fairmount Village Neighborhood
4 Beds
2 Baths
1,525 Sq Ft
6,268 Sq Ft Lot

Last Sold May 26, 2023

Last sale price $900,000 $590 Per Sq Ft

26 Days on Market

About This Home

As of May 2023

Back to Market, last buyer failed to perform at no fault of property! Inspection report and appraisal in hand at $890,000! Two Houses on One Lot! 3341-43 Chamoune Ave is tucked away on a quiet street in Central San Diego allowing for easy commute times to the major employment hubs of San Diego. The property is roughly a 10 minute drive to Downtown San Diego, SDSU, Northpark, Hillcrest, Lake Murray, and Balboa Park! The property consists of two Detached 2 Bedroom, 1 Bathroom Single Family Homes with private yards and 1 car garages on a large 6,268 sqft lot! Both houses have lightly updated interiors with stainless appliances, vinyl and hardwood flooring, and newer cabinets. The exterior of the property has received new dual pane windows and a freshly painted exterior on the front house. The front house is ready to capture today’s incredible market rents. The owner has multiple inquires to rent the front house as-is for between $3,000 to $3,250. The savvy homebuyer or investor may consider converting the garages into ADU Studio units, building a ground up ADU in the center of the parcel or extending the footprint of the single family houses by adding an additional bedroom for additional income.

Last Agent to Sell the Property

Maxwell Brown

CBRE License #02127395 Listed on: 04/11/2023

Last Buyer's Agent

Kristin Fries

RE/MAX Tidal License #02112599

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,268 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 476-131-09-00

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • Net Operating Income $39,525

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Chamoune & Thorn
  • Neighborhood: City Heights
  • LP / Sq Ft: 14.94
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1950
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 3
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial

Condo/Co-op/Association

  • Community: CITY HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 476-131-09-00
  • Estimated Lot Sq Ft: 6268

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 39525
  • Annual Expense Actual: 17220
  • Annual Expense Projected: 17220
  • Gross Rent Multiplier Actual: 13.59
  • Gross Rent Multiplier Projected: 9.96
  • Gross Sched Income Actual: 58500
  • Gross Sched Income Projected: 78000
  • Number Of Buildings: 3
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2
  • Other Income Projected: 1800.0

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
05/26/2023 05/26/23 Sold $900,000 +5.9% $590 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/05/2023 05/05/23 Price Changed $850,000 0.0% $557 / Sq Ft
05/05/2023 05/05/23 For Sale $850,000 -2.9% $557 / Sq Ft
04/20/2023 04/20/23 Price Changed $875,000 +10.1% $574 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $795,000 +112.0% $521 / Sq Ft
09/22/2014 09/22/14 Sold $375,000 +5.9% $268 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
08/18/2014 08/18/14 For Sale $354,000 -- $253 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Maxwell Brown

    CBRE

    Section Image

  • K

    Buyer's Agent in 2023

    Kristin Fries

    RE/MAX Tidal

    Section Image
  • David Nelson

    Seller's Agent in 2014

    David Nelson

    Principle Real Estate Group

    (619) 518-5977

    2 in this area

    13 Total Sales

    David Nelson
    Section Image
  • Nikolas Mazzola

    Buyer's Agent in 2014

    Nikolas Mazzola

    Shorebreak Real Estate

    (619) 851-7680

    25 Total Sales

    Nikolas Mazzola
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 230006594

San Diego MLS
California San Diego County San Diego 92105 Fairmount Village

3341-43 Chamoune Ave, San Diego, CA

This home is located at 3341-43 Chamoune Ave, San Diego, CA 92105 since 11 April 2023. This property was built in 1950. 3341-43 Chamoune Ave is a home located in San Diego County with nearby schools including Hamilton Elementary School, Clark Middle School, and Herbert Hoover High School.

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