NOT LISTED FOR SALE

3527-31 Arnold Ave San Diego, CA 92104

North Park Neighborhood
4 Beds
4 Baths
2,600 Sq Ft
1932 Built

Last Sold October 22, 2021

Last sale price $1,427,500 $549 Per Sq Ft

11 Days on Market

Highlights

  • City View
  • Property is Fully Fenced
  • Level Lot
  • Jefferson Elementary Rated A-

About This Home

As of October 2021

This single story 2 BR/1BA Craftsman home with attached studio apartment and 2 charming one bedroom units above five garages is just one and a half blocks to Morley Field. The Craftsman home retains many of its original details including a totally rebuilt fireplace and mantle with bookcases and built-ins, large windows, welcoming entry, dining room with built-ins and hardwood floors.** A spacious patio and deck is adjacent to the house. The unpermitted studio apartment may be able to become a legal ADU given the new rules allowed by the city. The court style one bedroom units are stucco with balanced stairways leading to a balcony for each one. Decorative fireplaces in each unit, hardwood floors, tub shower bathrooms. Live in the front home and collect strong rents from the three additional units or create an upscale oasis within easy walking distance to Balboa Park - tennis, swimming, baseball. Great opportunity on large lot with alley access. ** Arnold street is a wide and attractive street.

Last Agent to Sell the Property

Karla Cohn

Karla Cohn & Associates Realty License #00640191 Listed on: 08/30/2021

Co-Listed By

Chuck Hoffman

Apartment Consultants Incorporated License #00524883

Last Buyer's Agent

Bret Pursuit

Pursuit Brokerage License #01411330

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 6,100 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

Parking

  • Alley Access

Property Views

  • City Views

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for sewer, trash, water, gas/propane, hot water
  • Assessor Parcel Number 453-331-10-00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Balboa Park Community

Building Details

  • Net Operating Income $47,664

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Myrtle
  • Neighborhood: Morley Field
  • LP / Sq Ft: 23.71
  • Sale Price List Price: 0.95
  • Year Built: 1932
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Composition, Rolled/Hot Mop
  • View: City

Utilities

  • Cooling: Wall/Window
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Balboa Park
  • Community: NORTH PARK

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Public Street
  • Topography: Level
  • Assessor Parcel Number: 453-331-10-00
  • Estimated Lot Dimensions: 49x123
  • Estimated Lot Sq Ft: 6100

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 47664
  • Annual Expense Actual: 15330
  • Annual Expense Projected: 36534
  • Gross Rent Multiplier Actual: 23.7
  • Gross Sched Income Actual: 99600
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 3
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 1
  • Other Income Actual: 56

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
10/22/2021 10/22/21 Sold $1,427,500 -4.5% $549 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $1,495,000 -- $575 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Karla Cohn

    Seller's Agent in 2021

    Karla Cohn

    Karla Cohn & Associates Realty

    (619) 788-7555

    2 in this area

    21 Total Sales

    Karla Cohn
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Chuck Hoffman

    Apartment Consultants Incorporated

    (619) 787-9628

    1 in this area

    5 Total Sales

    Chuck Hoffman
    Section Image
  • Bret Pursuit

    Buyer's Agent in 2021

    Bret Pursuit

    Pursuit Brokerage

    (310) 292-9086

    1 in this area

    14 Total Sales

    Bret Pursuit
    Section Image
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Map

Source: San Diego MLS

MLS Number: 210024743

San Diego MLS
California San Diego County San Diego 92104 North Park

3527-31 Arnold Ave, San Diego, CA

This home is located at 3527-31 Arnold Ave, San Diego, CA 92104 since 30 August 2021. This property was built in 1932. 3527-31 Arnold Ave is a home located in San Diego County with nearby schools including Jefferson Elementary, Roosevelt International Middle School, and Kindred Montessori.

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