$1,599,000
$126K PRICE DROP

Estimated payment $10,464/month

Total Views 17,177
4 Beds
3 Baths
2,600 Sq Ft
$615 Price per Sq Ft

About This Home

Presenting three units in the highly sought after Hillcrest/Bankers Hill neighborhood of San Diego. This meticulously maintained property comprises two buildings spanning 2,600 SF. The front building boasts a detached 1 bed/1 bath SFR with tons of natural light, original hardwood floors and private laundry. The second building houses a 2 bed/1 bath upstairs unit, overlooking a spacious 1 bed/1 bath ADU with shared laundry. Residents enjoy proximity to Balboa Park, an array of walkable amenities, and swift access to freeways and Downtown. Immerse yourself in the vibrant culture of Hillcrest, surrounded by dining, shopping, and entertainment hot spots.

Listing Agent

Nic Lyon

Acre Investment Real Estate License #01469439

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Home Design

  • Composition Roof

Listing and Financial Details

  • Assessor Parcel Number 452-392-19-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $73,248

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: W Walnut Ave
  • Neighborhood: Bankers Hill/Hillcrest
  • LP / Sq Ft: 19.76
  • Year Built: 1940
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roof: Composition

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 452-392-19-00

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 73248
  • Annual Expense Actual: 33900
  • Annual Expense Projected: 33900
  • Gross Rent Multiplier Actual: 15.14
  • Gross Rent Multiplier Projected: 14.64
  • Gross Sched Income Actual: 105600
  • Gross Sched Income Projected: 113280
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1

Map

Range of Values:

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Average Value
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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
02/04/2025 02/04/25 Price Changed $1,599,000 -7.3% $615 / Sq Ft
10/28/2024 10/28/24 For Sale $1,725,000 0.0% $663 / Sq Ft
07/30/2019 07/30/19 Rented $2,695 0.0% --
07/10/2019 07/10/19 Price Changed $2,695 +3.9% $2 / Sq Ft
07/03/2019 07/03/19 Price Changed $2,595 -3.7% $2 / Sq Ft
05/21/2019 05/21/19 Price Changed $2,695 -3.6% $2 / Sq Ft
03/18/2019 03/18/19 For Rent $2,795 -- --
Source: San Diego MLS

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Source: San Diego MLS

MLS Number: 240025509

San Diego MLS

APN: 452-392-19-00