NOT LISTED FOR SALE
8 Beds
4 Baths
3,000 Sq Ft
1947 Built

Last Sold August 12, 2019

Last sale price $835,000 $278 Per Sq Ft

7 Days on Market

Highlights

  • City View
  • Level Lot
  • 5-minute walk to Memorial Park
  • Partially Fenced Property
  • Wood Siding

About This Home

As of August 2019

4 unit building located in Logan Heights area near downtown San Diego. All 2 bedroom 1 bath. Upper. Good rental income and perfect for investor holding property.

Last Listed By

John Mapes

J & M Investment Solutions Inc License #01468331 Listed on: 06/27/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • City Views

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 545-491-26-00

Community Details

Overview

  • 4 Units
  • Logan Hiegits Community

Building Details

  • Net Operating Income $52,125

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Franklin
  • Neighborhood: Logan Heights
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1947
  • 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: Stone, Wood
  • Fencing: Partial
  • Roof: Composition
  • View: City

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Logan Hiegits
  • Community: LOGAN HEIGHTS

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Sidewalks, Street Paved
  • Topography: Level
  • Water District: SAN DIEGUITO WATER DISTRICT
  • Assessor Parcel Number: 545-491-26-00

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 52125
  • Annual Expense Actual: 9675
  • Gross Rent Multiplier Actual: 11.06
  • Gross Sched Income Actual: 62400
  • Gross Sched Income Projected: 76800
  • Number Of Buildings: 1
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

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
08/12/2019 08/12/19 Sold $835,000 -1.8% $278 / Sq Ft
07/05/2019 07/05/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $850,000 -- $283 / 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: 190035487

San Diego MLS