NOT LISTED FOR SALE

3559-61 Central Ave San Diego, CA 92105

Castle Neighborhood
6 Beds
3 Baths
2,404 Sq Ft
7,338 Sq Ft Lot

Last Sold October 27, 2021

Last sale price $925,000 $385 Per Sq Ft

7 Days on Market

Highlights

  • Property is Fully Fenced
  • 1-Story Property
  • 3-minute walk to Central Avenue Mini Park
  • Level Lot

About This Home

As of October 2021

Exceptional opportunity to create something really special. These units have had the same long term tenants for quite a while. Property needs restoration but located in a fantastic area off the beaten path. As investors are discovering this jewel of a location in the Mid-City, values have been steadily improving. Quiet streets, easy access to public transportation, freeways and shopping are really the appealing draw. With the units being so big, they offer incredible opportunity for remodeling. See Supplement! Property has been list priced to CURRENT renters and rents, however the word "potential" has never had a truer definition and the sky is the limit. Additionally there is a one car garage AND a two car garage so the possibility tearing down garages and building ADUs is available. Agent believes property is located in a Transit Priority Area (Buyer and Buyers Agent to verify) so creation of ADUs and income restricted ADU's are very advantageous because there are no parking requirements in these zones. Call agent for details.

Last Agent to Sell the Property

Kenneth Pecus

eXp Realty of California, Inc License #01056969 Listed on: 08/09/2021

eXp Realty of California, Inc

Co-Listed By

Thad Ryan

eXp Realty of California, Inc License #01511553

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 7,338 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

Home Design

  • Composition Roof
  • Stucco Exterior

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 454-241-09-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Dwight St
  • Neighborhood: City Heights
  • Supplement: Property has been list priced to CURRENT renters and rents, however the word "potential" has never had a truer definition and the sky is the limit. Additionally there is a one car garage AND a two car garage so the possibility tearing down garages and building ADUs is available. Agent believes property is located in a Transit Priority Area (Buyer and Buyers Agent to verify) so creation of ADUs and income restricted ADU's are very advantageous because there are no parking requirements in these zones. Call agent for details.
  • Stories: 1 Story
  • Sale Price List Price: 0.95
  • Total Stories: 1
  • Year Built: 1943
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: CITY HEIGHTS
  • Manager Name: Tranquility Property Mgmt
  • Manager Phone: 619-535-8761

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

  • Irrigation: Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessments: Yes/Remarks
  • Assessor Parcel Number: 454-241-09-00
  • Estimated Lot Sq Ft: 7338
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.17
  • Map Code Column: G
  • Map Code Page: 1269
  • Map Code Row: 6

Rental Info

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

Multi Family

  • No. of Units: 3
  • Gross Rent Multiplier Actual: 18.77
  • Number Of Buildings: 2
  • Number Of Units With Garage: 2
  • 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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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 List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $925,000 -4.5% $385 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $969,000 -- $403 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kenneth Pecus

    Seller's Agent in 2021

    Kenneth Pecus

    eXp Realty of California, Inc

    (619) 977-8419

    1 in this area

    183 Total Sales

    Kenneth Pecus
    Section Image
  • Thad Ryan

    Seller Co-Listing Agent in 2021

    Thad Ryan

    eXp Realty of California, Inc

    (619) 864-2321

    1 in this area

    60 Total Sales

    Thad Ryan
    Section Image
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Map

Source: San Diego MLS

MLS Number: 210022632

San Diego MLS
California San Diego County San Diego 92105 Castle

3559-61 Central Ave, San Diego, CA

This home is located at 3559-61 Central Ave, San Diego, CA 92105 since 09 August 2021. This property was built in 1943. 3559-61 Central Ave is a home located in San Diego County with nearby schools including Joyner Elementary School, Clark Middle School, and Herbert Hoover High School.

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