NOT LISTED FOR SALE
6 Beds
4 Baths
2,360 Sq Ft
6,970 Sq Ft Lot

Last Sold July 19, 2018

Last sale price $749,000 $317 Per Sq Ft

12 Days on Market

Highlights

  • Gated Community
  • Gated Home
  • 1-Story Property
  • Laundry Facilities
  • Wood Siding
  • 4-minute walk to South Crest Trails Park

About This Home

As of July 2018

3742-3748 is an ideal investment opportunity for first time investor. Four plex includes: 2 - 1 bedroom, 1 bath units with upgraded kitchen and bath rooms. and the 2 - 2 bedroom 1 bath units have been upgraded throughout. Rents are 1100, 1200, 1600 and 1700 a month. This investment allows someone to enjoy rental income for years to come. The units are metered for gas, electric and water. 6 parking spaces on the premises and a coin operated washer/dryer.

Last Agent to Sell the Property

Troy Roland

Troy Roland, Broker License #01985792 Listed on: 06/26/2018

Last Buyer's Agent

Brendan Flynn

South Coast Commercial, Inc. License #01933302

South Coast Commercial, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,970

Home Design

  • Clay Roof
  • Wood Siding

Additional Features

  • 1-Story Property
  • Gated Home

Listing and Financial Details

  • Tenant pays for water, electricity, gas/propane
  • Assessor Parcel Number 550-640-09-00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • 4 Plex Community

Additional Features

  • Laundry Facilities
  • Net Operating Income $28,800
  • Gated Community

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 Central
  • Cross Street: Delta
  • Neighborhood: San Diego
  • LP / Sq Ft: 26.01
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1948
  • 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: Gate
  • Roof: Tile/Clay

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Complex Name: 4 Plex
  • Community: SAN DIEGO
  • Complex Features: Laundry Facilities

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 550-640-09-00

Rental Info

  • Tenant Pays: Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 28800
  • Annual Expense Actual: 30000
  • Gross Rent Multiplier Actual: 6.0
  • Gross Sched Income Actual: 58000
  • Gross Sched Income Projected: 71000
  • Number Of Buildings: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 1200

Range of Values:

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Average Value
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List Price
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
07/19/2018 07/19/18 Sold $749,000 0.0% $317 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $749,000 +69.8% $317 / Sq Ft
11/21/2014 11/21/14 Sold $441,200 -16.0% $227 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $525,000 -- $270 / 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: 180034800

San Diego MLS

APN: 550-640-09-00