NOT LISTED FOR SALE

3345 33rd St San Diego, CA 92104

North Park Neighborhood
2 Beds
2 Baths
1,075 Sq Ft
4,792 Sq Ft Lot

Last Sold April 15, 2022

Last sale price $995,000 $926 Per Sq Ft

9 Days on Market

Highlights

  • RV Access or Parking
  • 1-Story Property
  • Laundry Facilities
  • McKinley Elementary School Rated A
  • Floor Furnace
  • Partially Fenced Property

About This Home

As of April 2022

3345 & 3347 33rd Street is a Craftsman style two unit property located in the highly desirable North Park sub-market of San Diego. This charming property, built in the early 1900's, has two detached 1-Bed/1-Bath houses, a detached garage, in unit laundry for both houses, and the potential to add additional parking in the rear. The back house has been nicely upgraded with new countertop, sinks, cabinets, flooring, blinds, paint, and more. This unit is currently being kept empty for the sale. Ideal for living in one house and renting out the other. There is approximately 25-30% upside in rental income for the front house. The subject property has been family owned and cared for over the years. There is an opportunity to maximize the income by raising rents and completing improvements over time. The asset has a walk score of 87 and is located near major retailers, breweries, and various local restaurants on 30th Street and University Avenue. The property is well located within only a few miles of the San Diego Zoo, the Bay, and downtown San Diego.

Last Agent to Sell the Property

Matt Robinson

MD Real Estate, Inc License #01491108 Listed on: 03/04/2022

Last Buyer's Agent

Matt Robinson

MD Real Estate, Inc License #01491108 Listed on: 03/04/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Parking

  • Alley Access
  • RV Access or Parking

Utilities

  • Floor Furnace
  • 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 453-513-08-00

Community Details

Overview

  • 3 Buildings
  • 2 Units

Additional Features

  • Laundry Facilities
  • Net Operating Income $2,118

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Upas Street & Thorn Street
  • Neighborhood: North Park
  • LP / Sq Ft: 27.12
  • Stories: 1 Story
  • Sale Price List Price: 1.12
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Exterior Features

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

Garage/Parking

  • Parking for RV: On-Site Parking

Utilities

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

Condo/Co-op/Association

  • Community: SAN DIEGO
  • Complex Features: Laundry Facilities

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Zoning: RS-1-7
  • Assessor Parcel Number: 453-513-08-00

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 2118
  • Annual Expense Actual: 14816
  • Annual Expense Projected: 14816
  • Gross Rent Multiplier Actual: 51.5
  • Gross Rent Multiplier Projected: 18.31
  • Gross Sched Income Actual: 17280
  • Gross Sched Income Projected: 48600
  • Number Of Buildings: 3
  • Number Of Furnished Units: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

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
04/15/2022 04/15/22 Sold $995,000 +11.8% $926 / Sq Ft
03/16/2022 03/16/22 For Sale $890,000 0.0% $828 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/11/2022 03/11/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $890,000 -- $828 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matt Robinson

    Seller's Agent in 2022

    Matt Robinson

    MD Real Estate, Inc

    (858) 361-3159

    1 in this area

    14 Total Sales

    Matt Robinson
    Section Image
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Map

Source: San Diego MLS

MLS Number: 220004976

San Diego MLS

APN: 453-513-08-00

California San Diego County San Diego 92104 North Park

3345 33rd St, San Diego, CA

This home is located at 3345 33rd St, San Diego, CA 92104 since 04 March 2022. This property was built in 1920. 3345 33rd St is a home located in San Diego County with nearby schools including McKinley Elementary School, Roosevelt International Middle School, and St. Patrick's School.

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