NOT LISTED FOR SALE

3545 44th St San Diego, CA 92105

Fairmount Village Neighborhood
8 Beds
4 Baths
2,800 Sq Ft
6,092 Sq Ft Lot

Last Sold October 01, 2018

Last sale price $848,000 $303 Per Sq Ft

20 Days on Market

About This Home

As of October 2018

Perfect Ad Value 4 unit apartment building with all 2BR/1 Bath units. Plenty of gated off street parking and a laundry facility. Current Owner/Seller has begun some remodeling to the exterior with new Landscaping and Windows. Pitched Roof. With continued upgrading to Interiors rents could be raised almost 20% to achieve close to 10% overall cash on cash return. Stable City Heights Neighborhood that is continuing to see higher quality tenants moving into the area.

Last Agent to Sell the Property

Thomas McCartin

Marcus & Millichap License #01427348 Listed on: 08/13/2018

Last Buyer's Agent

Todd Devin

Devin Properties License #01243286

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,092 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Community Details

  • 4 Units
  • Net Operating Income $36,012

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 476-032-10-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: 44th & Myrtle
  • Neighborhood: san diego
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1955
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Condo/Co-op/Association

  • Community: CITY HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 476-032-10-00
  • Estimated Lot Sq Ft: 6092
  • Estimated Number of Acres: 0.13

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 36012
  • Annual Expense Actual: 21060
  • Annual Expense Projected: 21815
  • Gross Rent Multiplier Actual: 14.72
  • Gross Rent Multiplier Projected: 11.82
  • Gross Sched Income Actual: 57600
  • Gross Sched Income Projected: 71760
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 1200
  • Other Income Projected: 1200.0

Range of Values:

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Average Value
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List Price
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
10/01/2018 10/01/18 Sold $848,000 0.0% $303 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $848,000 -- $303 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Thomas McCartin

    Seller's Agent in 2018

    Thomas McCartin

    Marcus & Millichap

    (858) 362-9376

    34 Total Sales

    Thomas McCartin
    Section Image
  • Todd Devin

    Buyer's Agent in 2018

    Todd Devin

    Devin Properties

    (619) 313-7313

    Section Image
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Map

Source: San Diego MLS

MLS Number: 180045129

San Diego MLS

California San Diego County San Diego 92105 Fairmount Village

3545 44th St, San Diego, CA

This home is located at 3545 44th St, San Diego, CA 92105 since 13 August 2018. This property was built in 1955. 3545 44th St is a home located in San Diego County with nearby schools including Rosa Parks Elementary School, Clark Middle School, and Herbert Hoover High School.

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