NOT LISTED FOR SALE
8 Beds
4 Baths
5,000 Sq Ft
10,123 Sq Ft Lot

Last Sold December 21, 2015

Last sale price $1,725,000 $345 Per Sq Ft

161 Days on Market

About This Home

As of December 2015

Location, location location! This amazing 4-units in Hillcrest, (2) Duplexes that are a RARE find for the savvy investor who’s waited for a prime income opportunity. Centrally located in the heart of Hillcrest across from The Atlas. 4 - 2 bed & 1 baths units, about 1200 to 1400 sq. ft each, situated on a 75x135 lot (10,123 sq. ft.) with 2 garages. These fabulous 1930’s era duplexes enhance the neighborhood’s charm and character.

Last Agent to Sell the Property

Joe Carta

Joe Carta Realty License #00744190 Listed on: 06/05/2014

Last Buyer's Agent

Sal DeMaria

Coldwell Banker Realty License #01788042

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 10,123 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 452-285-17-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Pennsylvania
  • Neighborhood: Hillcrest
  • LP / Sq Ft: 20.18
  • Stories: 2 Story
  • Sale Price List Price: 1.02
  • Total Stories: 2
  • Year Built: 1930
  • 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: Wood
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: HILLCREST
  • Manager Name: Joe Carta
  • Manager Phone: 619-280-5888

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Water District: CITY OF SAN DIEGO
  • Zoning: 4
  • Assessor Parcel Number: 452-285-17-00
  • Land Use Code: Mult
  • Estimated Lot Sq Ft: 10123
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.2324
  • Map Code Column: A
  • Map Code Page: 1269
  • Map Code Row: 6

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 36000
  • Annual Expense Actual: 15000
  • Annual Expense Projected: 36000
  • Gross Rent Multiplier Actual: 33.0
  • Gross Rent Multiplier Projected: 14.1
  • Gross Sched Income Actual: 51000
  • Gross Sched Income Projected: 120000
  • Number Of Buildings: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 2

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
12/21/2015 12/21/15 Sold $1,725,000 +1.8% $345 / Sq Ft
11/13/2014 11/13/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $1,695,000 -- $339 / 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: 140030153

San Diego MLS