NOT LISTED FOR SALE

3659 Lemona Ave San Diego, CA 92105

Chollas Creek Neighborhood
5 Beds
4 Baths
4,639 Sq Ft
8,999 Sq Ft Lot

Last Sold December 26, 2019

Last sale price $1,145,000 $247 Per Sq Ft

60 Days on Market

Highlights

  • Gated Parking
  • Open Floorplan
  • Property is near public transit
  • Peek-A-Boo Views
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of December 2019

This charming *7 unit Cottage apartment building has been well maintained and boasts a great rental record. It is nestled in a very quiet street in the city Heights neighborhood. Many nearby rentals charge higher rent, while our current rent is a reflection of the median market. 2 2bedroom units boast a large balcony with neighborhood views for the tenants' enjoyment. 1 2bd 2bath unit has just been remodeled, new carpet and flooring throughout, bathrooms and kitchen updated with new appliances. 2bd, 1ba units are ample in size and 1 1bd 1ba unit has NO PERMITS. Unit 4 is projectd to rent at $1,675.00 per mo and will be advertised next week. Laundry Room has been Recently repainted and new flooring installed. It has hookups for 2 washers and one gas dryer and has great potential for extra passive income. Landscaping is well manicured and minimal maintenance is required.Owner just maintained all rain gutters and took down two large trees and trimmed front tree last month. Please do not disturb tenants. Property is being sold in "AS IS" condition.
All cash flow income and expense figures and rent rolls are reflective of Jan-end of Sep 2019 supplied by AMG Management and Realty. The figures provided are year to date 9-30-19 and are deemed reliable but not guaranteed. Tax figures are for year 2018 per tax assessor.

Last Agent to Sell the Property

Robert Newsom

A Real Estate SuperStore, Inc License #00469721 Listed on: 10/14/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 8,999 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Fence is in good condition
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Value in Land

Property Views

  • Peek-A-Boo
  • Neighborhood

Home Design

  • Cottage
  • Apartment
  • Additions or Alterations
  • Fire Rated Drywall

Interior Spaces

  • 4,639 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Entryway
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Window Bars
  • Security Lights
  • Fire and Smoke Detector

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Parking Available
  • Gated Parking
  • Paved Parking
  • Assigned Parking

Accessible Home Design

  • Doors swing in
  • Low Pile Carpeting
  • Accessible Parking

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Cooling Available
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 50
  • Tax Tract Number 1764
  • Assessor Parcel Number 4725430100

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $3,200
  • Insurance Expense $1,273
  • Maintenance Expense $15,218
  • Pest Control $362
  • Professional Management Expense $3,891
  • Trash Expense $1,421
  • New Taxes Expense $6,916
  • Operating Expense $37,616
  • Gross Income $77,830
  • Net Operating Income $40,214

Property Details

Home Type

Multi-Family

Year Built

Built in 1988 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: all appliances in units including-stoves refrigerators and built in dishwashers
  • Other Phone Description: 951 764-4419
  • Professional Management Expense: 3891.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security Lights, Smoke Detector(s), Window Bars
  • View: Yes
  • Zoning: R4
  • Architectural Style: Cottage
  • Property Condition: Additions/Alterations, Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4725430100
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Ceiling Fan(s), Open Floorplan, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Doors - Swing In, Low Pile Carpeting, Parking
  • Appliances: Yes
  • Fireplace Features: Bath, Kitchen, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 246.82
  • Room Type: Entry, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Window Features: Blinds, Screens

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • View: Neighborhood, Peek-A-Boo
  • Fence: Yes
  • Fencing: Block, Good Condition, Wood, Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Concrete, Gated
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 12.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Range Hood, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside, Washer Hookup
  • Pest Control Expense: 362.00
  • Sewer: Public Sewer, Unknown
  • Trash Expense: 1421.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot, Near Public Transit, Paved, Value In Land
  • Lot Size Sq Ft: 8999.00
  • Lot Size Acres: 0.2066

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 3200.00
  • Gross Operating Income: 77830.00
  • Gross Scheduled Income: 77830.00
  • Insurance Expense: 1273.00
  • Lot Size Area: 8999.0000 Square Feet
  • Maintenance Expense: 15218.00
  • Net Operating Income: 40214.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 6
  • Number Of Units Total: 7
  • Number With Carpet: 7
  • Number With Dishwasher: 6
  • Number With Disposal: 7
  • Number With Range: 7
  • Number With Refrigerator: 7
  • Operating Expense: 37616.00
  • Other Expense Description: see supp
  • Other Income Description: all figures yr to date 9-30-19
  • Rent Control: Yes
  • Total Actual Rent: 8435.00
  • Total Expenses: 37616.00

Tax Info

  • New Taxes Expense: 6916.00
  • Tax Census Tract: 27.10
  • Tax Lot: 50
  • Tax Tract Number: 1764

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
12/26/2019 12/26/19 Sold $1,145,000 -29.9% $247 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $1,633,333 -- $352 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Robert Newsom

    A Real Estate SuperStore, Inc

    Section Image

  • N

    Buyer's Agent in 2019

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5,832 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19235791

California Regional Multiple Listing Service (CRMLS)

APN: 472-543-01-00

California San Diego County San Diego 92105 Chollas Creek

3659 Lemona Ave, San Diego, CA

This home is located at 3659 Lemona Ave, San Diego, CA 92105 since 14 October 2019. This property was built in 1988. 3659 Lemona Ave is a home located in San Diego County with nearby schools including Marshall Elementary School, Mann Middle School, and Crawford High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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