$650,000
SOLD FEB 19, 2021

3707-21 Euclid Ave San Diego, CA 92105

Fairmount Village Neighborhood
3 Beds
3 Baths
1,200 Sq Ft
5,519 Sq Ft Lot

Recently Sold

$542 Per Sq Ft

5% Below List Price

71 Days on Market

Highlights

  • Corner Lot
  • Gravity Heating System
  • 1-Story Property
  • Property is Fully Fenced

About This Home

As of August 2024

Check out this amazing Opportunity Zone property located in the Fairmount addition to City Heights. These are 3 detached cottages all varying in interior upgrades that hardly ever sees any vacancy! 3707 has 1 off street parking spot, 3715/3721 - 2 off street parking tandem, 3721 laundry hook ups & fully renovated. Current Gross Rents $2475/mo - Projected Gross Rents $4250+/mo The property has alley access on one side & zoning CUPD-CU-1-2 + Opportunity Zone could make for an amazing urban infill project! Separate SDGE & Water Meters - tenants pay all utilities. Each unit has a nice size backyard all yards are maintained by the tenants. 3707 is rented at $800/mo (projected rent around $1400/mo), 1 off street parking, no laundry hookups. 3715 is rented at $775/mo (projected rent around $1400/mo), 2 off street parking, no laundry hookups . 3721 is rented at $900/mo (projected rent around $1500/mo), 2 off street parking, laundry hookups, fully upgraded. Current Gross Rents $2475/mo - Projected Gross Rents $4300+/mo - Annual maintenance is less than $1000 per year.

Last Agent to Sell the Property

Leslie Duvernay

Compass License #01936896 Listed on: 10/30/2020

Compass

Last Buyer's Agent

Leslie Duvernay

Compass License #01936896 Listed on: 10/30/2020

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,519 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Parking

  • Alley Access
  • RV Potential

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 471-781-42-00

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Net Operating Income $28,809

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Castle
  • Neighborhood: Fairmount - City Heights
  • Supplement: Separate SDGE & Water Meters - tenants pay all utilities. Each unit has a nice size backyard all yards are maintained by the tenants. 3707 is rented at $800/mo (projected rent around $1400/mo), 1 off street parking, no laundry hookups. 3715 is rented at $775/mo (projected rent around $1400/mo), 2 off street parking, no laundry hookups . 3721 is rented at $900/mo (projected rent around $1500/mo), 2 off street parking, laundry hookups, fully upgraded. Current Gross Rents $2475/mo - Projected Gross Rents $4300+/mo - Annual maintenance is less than $1000 per year.
  • LP / Sq Ft: 14.71
  • Stories: 1 Story
  • Sale Price List Price: 0.95
  • Total Stories: 1
  • Year Built: 1948
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 2
  • Prkng Non Garage Spac U3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Garage/Parking

  • Parking for RV: Potential Space

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Available, Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: SAN DIEGO
  • Manager Name: Owner

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Corner Lot
  • Zoning: COMMERCIAL
  • Assessor Parcel Number: 471-781-42-00
  • Estimated Lot Sq Ft: 5519
  • Estimated Number of Acres: 0.13
  • Map Code Column: J
  • Map Code Page: 1269
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 28809
  • Annual Expense Actual: 1000
  • Annual Expense Projected: 1000
  • Gross Rent Multiplier Actual: 23.57
  • Gross Rent Multiplier Projected: 14.58
  • Gross Sched Income Actual: 29700
  • Gross Sched Income Projected: 48000
  • Number Of Buildings: 3
  • Number Of Units With Dryers: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1

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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
08/02/2024 08/02/24 Sold $795,000 -6.4% $663 / Sq Ft
07/07/2024 07/07/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $849,000 -5.1% $708 / Sq Ft
05/14/2024 05/14/24 Price Changed $895,000 -5.7% $746 / Sq Ft
05/04/2024 05/04/24 Price Changed $949,000 -4.6% $791 / Sq Ft
03/26/2024 03/26/24 For Sale $995,000 +53.1% $829 / Sq Ft
02/19/2021 02/19/21 Sold $650,000 -5.1% $542 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
12/07/2020 12/07/20 For Sale $685,000 0.0% $571 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/30/2020 11/30/20 Price Changed $685,000 -2.1% $571 / Sq Ft
10/30/2020 10/30/20 For Sale $700,000 -- $583 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Markus Feldmann

    Seller's Agent in 2024

    Markus Feldmann

    Pacific Real Estate Center

    (619) 572-7879

    1 in this area

    51 Total Sales

    Markus Feldmann
    Section Image

  • S

    Buyer's Agent in 2024

    Stephanie Nisan

    The Stoz Group

    (858) 337-2582

    2 in this area

    25 Total Sales

    Stephanie Nisan
    Section Image
  • Leslie Duvernay

    Seller's Agent in 2021

    Leslie Duvernay

    Compass

    (619) 554-8520

    1 in this area

    59 Total Sales

    Leslie Duvernay
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 200050239

San Diego MLS

California San Diego County San Diego 92105 Fairmount Village

3707-21 Euclid Ave, San Diego, CA

This home is located at 3707-21 Euclid Ave, San Diego, CA 92105 and is currently priced at $650,000, approximately $541 per square foot. This property was built in 1948. 3707-21 Euclid Ave is a home located in San Diego County with nearby schools including Rosa Parks Elementary School, Clark Middle School, and Herbert Hoover High School.

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