NOT LISTED FOR SALE
12 Beds
8 Baths
3,660 Sq Ft
10,454 Sq Ft Lot

Last Sold September 07, 2021

Last sale price $1,750,000 $478 Per Sq Ft

About This Home

As of September 2021

We are pleased to present the Landis Canyon opportunity; a four unit apartment complex on an oversized 9,362 SF lot. There are currently plans in process with the city of San Diego to develop two 3 bedroom/3 bath units behind the current structure. According to the market rent survey in the area, the current rents can be raised significantly in order to boost the new investor’s ROI. Do not miss the opportunity to invest in this value add opportunity that can be six legal units with a rare unit mix in San Diego.

Last Agent to Sell the Property

Jason Lee

Nara Advisors, Inc. License #02068011 Listed on: 06/20/2021

Last Buyer's Agent

Jason Lee

Nara Advisors, Inc. License #02068011 Listed on: 06/20/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 10,454

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Community Details

  • 4 Units
  • Park De La Cruz Community

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 447-641-29-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Wilson
  • Neighborhood: Cherokee Point
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Total Stories: 2
  • Year Built: 1987
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Condo/Co-op/Association

  • Complex Name: Park De La Cruz
  • Community: SAN DIEGO

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Zoning: RS-1-7
  • Assessor Parcel Number: 447-641-29-00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Number Of Buildings: 1

Range of Values:

Collateral Analytics

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ICE

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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
09/07/2021 09/07/21 Sold $1,750,000 -2.5% $478 / Sq Ft
06/20/2021 06/20/21 For Sale $1,795,000 +36.0% $490 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
07/21/2020 07/21/20 Sold $1,319,927 -9.8% $359 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/04/2020 05/04/20 Price Changed $1,464,000 -0.7% $398 / Sq Ft
04/14/2020 04/14/20 For Sale $1,474,000 -- $401 / 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: 210017115

San Diego MLS

APN: 447-641-29-00