NOT LISTED FOR SALE
6 Beds
3 Baths
2,091 Sq Ft
0.29 Acres

Last Sold November 21, 2017

Last sale price $602,500 $288 Per Sq Ft

4 Days on Market

Highlights

  • 12,540 Sq Ft lot
  • Partially Fenced Property
  • 1-Story Property
  • Corner Lot

About This Home

As of November 2017

Great Opportunity to invest in a Triplex in wonderful Grant Hill Location. One story building with three 2 bedroom 1 bath units. Minutes to Downtown, next to Golden Hills and Sherman Heights. Grant Hill Park(nearby) on J street has one of the best views of Coronado Bridge. This triplex sits on a level 12,000 square foot corner lot (zoned R4). Quiet area. Drive by only show with accepted offer only. Please do not disturb tenants . Rents are low due to long terms tenants Rents could easily be increased. Each unit has own yard space with recently installed wood awnings for shade. Newer roof (2009). Tenants are on a month to month tenancy.Units have been nicely maintained over the years. Ample parking on site. Plenty of off- street parking . Easy access to freeways. Good central location.

Last Agent to Sell the Property

Juana Castro

Coldwell Banker Realty License #00714208 Listed on: 11/05/2017

Coldwell Banker Realty

Last Buyer's Agent

Victor Phan

Lumiere Capital Corporation License #01379802

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.29 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 545-175-11-00

Community Details

Overview

  • 3 Units
  • Hoitts Addition Subdivison Community

Pet Policy

  • No Pets Allowed

Building Details

  • Net Operating Income $34,147

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: J ST
  • Neighborhood: Grant Hill
  • Supplement: Each unit has own yard space with recently installed wood awnings for shade. Newer roof (2009). Tenants are on a month to month tenancy.Units have been nicely maintained over the years. Ample parking on site. Plenty of off- street parking . Easy access to freeways. Good central location.
  • LP / Sq Ft: 16.78
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1986
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Prkng Non Garage Spac U3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Hoitts Addition subdivison
  • Pets Allowed: No Pets Allowed
  • Community: SAN DIEGO
  • Manager Name: Lisa Catano DM Prop Mgmt
  • Manager Phone: 619-549-0296

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: .25 to .5 AC
  • Site: Corner Lot
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R4
  • Assessor Parcel Number: 545-175-11-00
  • Land Use Code: Mult
  • Estimated Lot Sq Ft: 12540
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: E
  • Map Code Page: 1289
  • Map Code Row: 4

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 34147
  • Annual Expense Actual: 8753
  • Annual Expense Projected: 9550
  • Gross Rent Multiplier Actual: 15.0
  • Gross Rent Multiplier Projected: 13.0
  • Gross Sched Income Actual: 42900
  • Gross Sched Income Projected: 46200
  • Number Of Buildings: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

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
11/21/2017 11/21/17 Sold $602,500 -2.0% $288 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
11/05/2017 11/05/17 For Sale $615,000 -- $294 / 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: 170057235

San Diego MLS

APN: 545-175-11-00