NOT LISTED FOR SALE
8 Beds
4 Baths
3,023 Sq Ft
6,251 Sq Ft Lot

Last Sold May 24, 2018

Last sale price $1,465,000 $485 Per Sq Ft

4 Days on Market

Highlights

  • Laundry Facilities
  • McKinley Elementary School Rated A
  • Partially Fenced Property

About This Home

As of May 2018

RARELY AVAILABLE! Amazing opportunity knocks with this four unit income property located in the heart of North Park! Charming 2br/1ba Spanish cottage in front with three 2br/1ba apartments in back complete with two garages and alley access. All units have off-street parking and laundry on site. This trophy location is just blocks from Balboa Park and walking distance to many of the fine restaurants, night life and shops North Park has to offer!

Last Agent to Sell the Property

Richard Gutierrez

Keller Williams Realty License #01114175 Listed on: 05/04/2018

Keller Williams Realty

Co-Listed By

Michael Barrow

Keller Williams Realty License #01419213

Last Buyer's Agent

Hans Merklein

Greater San Diego Association License #00633429

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 6,251 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 453-421-03-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Additional Features

  • Laundry Facilities
  • Net Operating Income $58,832

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Dwight St
  • Neighborhood: North Park
  • Sale Price List Price: 0.98
  • Year Built: 1970
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U3: 2
  • Prkng Non Garage Spac U4: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Condo/Co-op/Association

  • Community: NORTH PARK
  • Complex Features: Laundry Facilities

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 453-421-03-00
  • Estimated Lot Sq Ft: 6251

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 58832
  • Annual Expense Actual: 14140
  • Gross Rent Multiplier Actual: 4.8
  • Gross Sched Income Actual: 72972
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dryers: 4
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

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
05/24/2018 05/24/18 Sold $1,465,000 -2.3% $485 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $1,499,999 -- $496 / 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: 180023697

San Diego MLS

APN: 453-421-03-00