NOT LISTED FOR SALE
4 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold May 17, 2017

Last sale price $565,000

146 Days on Market

About This Home

As of May 2017

This duplex is in the highly desirable North Park area of San Diego. It features (2) two bed/ 1 bath detached units. There is a white picket fence lining the front of the property to create a very private feel. The back house also has it's own private fencing. Rents are below market at $1,400 and $1,700, leaving room for a buyer to raise rents. The property has hardwood floors, a very spacious floor plan and big yards. There is ample off street parking during the day and night. New rents effective Jan 1.

Last Agent to Sell the Property

Brendan Flynn

South Coast Commercial, Inc. License #01933302 Listed on: 11/28/2016

South Coast Commercial, Inc.

Last Buyer's Agent

Meg Lebastchi

Compass License #01313439

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,970

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Cross Fenced

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 447-641-25-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $23,625

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Landis
  • Neighborhood: North Park
  • Stories: 1 Story
  • Sale Price List Price: 0.92
  • Total Stories: 1
  • Year Built: 1940
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Condo/Co-op/Association

  • Community: NORTH PARK

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-3
  • Assessor Parcel Number: 447-641-25-00
  • Land Use Code: MFD
  • Water District URL: http://www.ci.san-diego.ca.us/water

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 23625
  • Annual Expense Actual: 12460
  • Gross Rent Multiplier Actual: 16.0
  • Gross Rent Multiplier Projected: 11.8
  • Gross Sched Income Actual: 37200
  • Number Of Buildings: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

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 Change Sq Ft Price
05/17/2017 05/17/17 Sold $565,000 -8.1% --
03/06/2017 03/06/17 Pending -- -- --
02/08/2017 02/08/17 Price Changed $615,000 0.0% --
02/08/2017 02/08/17 For Sale $615,000 +8.8% --
01/09/2017 01/09/17 Off Market $565,000 -- --
10/11/2016 10/11/16 For Sale $595,000 -- --
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: 160062786

San Diego MLS

APN: 447-641-25-00