NOT LISTED FOR SALE
5 Beds
2 Baths
1,680 Sq Ft
5,424 Sq Ft Lot

Last Sold May 16, 2022

Last sale price $1,594,860 $949 Per Sq Ft

6 Days on Market

Highlights

  • City Lights View
  • 1-Story Property
  • Property is Fully Fenced
  • Jefferson Elementary Rated A-
  • Satellite Dish
  • Level Lot

About This Home

As of May 2022

Beautifully remodeled duplex in the heart of North park two blocks north of Morley field. Both units have been scraped down to the studs in the last couple of years and completely remodeled. The interiors feature marble countertops, S/S appliances custom cabinetry, brilliant flooring, and top end fit & finish. Both units conveniently have separate washer/dryer. Lovely shared common area space w/ grass & citrus trees. Completely fenced in backyard with a semi-private patio space for the rear unit. Front unit has off-street parking, multiple spaces + a large oversize storage unit in the rear of the property. The rear unit has a dedicated storage space as well. Lovely, well-maintained, & excellently-located property. Always easy to rent (both short term/AirBnB and long-term rentals have been successful w/ minimal vacancy) Front unit is a 2+1 Bedroom (small front office in front of unit) and 1 full bath with dual vanity w/ marble countertop bathroom. Comes with in unit W/D and large garage-sized private storage, and the driveway and front yard parking spaces. Back unit is a 2/1 with W/D, storage and back patio. both units have similar fit, finish and materials. Both units share the central back yard space. All rooms feature Custom blinds/shades; All rooms have ceiling fans. Water is paid by landlord. All other utilities are tenant responsibility.

Last Agent to Sell the Property

Michael Wolf

Coldwell Banker West License #01709065 Listed on: 04/19/2022

Coldwell Banker West

Co-Listed By

Jessica Wolf

Coldwell Banker West License #01855679

Last Buyer's Agent

Amy O'Dorisio

Coldwell Banker West License #01752235

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • 2017

Lot Details

  • 5,424 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • City Lights Views

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 453-211-12-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $38,079

Property Details

Home Type

Multi-Family

Year Built

2017

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Dwight
  • Neighborhood: North Park
  • Supplement: Front unit is a 2+1 Bedroom (small front office in front of unit) and 1 full bath with dual vanity w/ marble countertop bathroom. Comes with in unit W/D and large garage-sized private storage, and the driveway and front yard parking spaces. Back unit is a 2/1 with W/D, storage and back patio. both units have similar fit, finish and materials. Both units share the central back yard space. All rooms feature Custom blinds/shades; All rooms have ceiling fans. Water is paid by landlord. All other utilities are tenant responsibility.
  • LP / Sq Ft: 29.98
  • Stories: 1 Story
  • Sale Price List Price: 1.16
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2017

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Composition
  • View: Evening Lights

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial), Satellite Dish
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: NORTH PARK
  • Manager Name: KTB
  • Manager Phone: 8587226847

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 453-211-12-00
  • Land Use Code: R-2
  • Estimated Lot Sq Ft: 5424

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 38079
  • Annual Expense Actual: 27946
  • Annual Expense Projected: 30000
  • Gross Rent Multiplier Actual: 20.89
  • Gross Rent Multiplier Projected: 17.6
  • Gross Sched Income Actual: 66000
  • Gross Sched Income Projected: 78000
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2
  • Other Income Actual: 25

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 List to Sale Price per Sq Ft
05/16/2022 05/16/22 Sold $1,594,860 +15.7% $949 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $1,379,000 -- $821 / 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: 220009115

San Diego MLS