$628,500
SOLD OCT 24, 2021

3410-12 Chamoune Ave San Diego, CA 92105

Fairmount Village Neighborhood
4 Beds
2 Baths
-- Sq Ft
5,848 Sq Ft Lot

Recently Sold

7% Below List Price

53 Days on Market

About This Home

As of November 2022

Calling all contractors!! This value add MAJOR fixer is an opportunity to renovate and maximize rental income. Two detached houses on one lot separately metered for gas and electricity! Back house has private access and parking from alley. Detached garage in the rear of the parcel presents ADU potential. Current tenants are on month to month agreements. Bring your tool belt and get ready for renovations

Last Agent to Sell the Property

Nick Azoff

Starker West, Inc. License #02035396 Listed on: 08/30/2021

Last Buyer's Agent

Chris Ross

South Coast Commercial, Inc. License #02101905

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,848 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 476-122-24-00

Community Details

Overview

  • 2 Units
  • City Heights Community

Building Details

  • Net Operating Income $13,403

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Myrtle
  • Neighborhood: Fairmont Village
  • LP / Sq Ft: 18.45
  • Stories: 1 Story
  • Sale Price List Price: 0.93
  • Total Stories: 1
  • Year Built: 1959
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Condo/Co-op/Association

  • Complex Name: City Heights
  • Community: CITY HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 476-122-24-00
  • Estimated Lot Sq Ft: 5848
  • Estimated Number of Acres: 0.13
  • Map Code Column: J
  • Map Code Page: 1269
  • Map Code Row: 6

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 13403
  • Annual Expense Actual: 11973
  • Annual Expense Projected: 11973
  • Gross Rent Multiplier Actual: 26.0
  • Gross Rent Multiplier Projected: 13.5
  • Gross Sched Income Actual: 26160
  • Gross Sched Income Projected: 50280
  • Number Of Buildings: 1
  • Number Of Furnished Units: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

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
11/10/2022 11/10/22 Sold $1,140,000 -0.9% $410 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/15/2022 10/15/22 Price Changed $1,150,000 -4.1% $414 / Sq Ft
09/27/2022 09/27/22 For Sale $1,199,000 +90.8% $431 / Sq Ft
10/25/2021 10/25/21 Sold $628,500 0.0% --
10/24/2021 10/24/21 Sold $628,500 -3.0% --
10/07/2021 10/07/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $648,000 +3.1% --
09/21/2021 09/21/21 Off Market $628,500 -- --
08/30/2021 08/30/21 For Sale $679,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Irma Mendez

    Seller's Agent in 2022

    Irma Mendez

    Century Homes

    (619) 913-5842

    1 in this area

    173 Total Sales

    Irma Mendez
    Section Image
  • Twana Rasoul

    Buyer's Agent in 2022

    Twana Rasoul

    Compass

    (619) 792-8295

    2 in this area

    188 Total Sales

    Twana Rasoul
    Section Image
  • Nick Azoff

    Seller's Agent in 2021

    Nick Azoff

    Starker West, Inc.

    (818) 307-4535

    2 in this area

    15 Total Sales

    Nick Azoff
    Section Image

  • C

    Buyer's Agent in 2021

    Chris Ross

    South Coast Commercial, Inc.

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 210024745

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

3410-12 Chamoune Ave, San Diego, CA

This home is located at 3410-12 Chamoune Ave, San Diego, CA 92105 and is currently priced at $628,500. This property was built in 1959. 3410-12 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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