NOT LISTED FOR SALE
4 Beds
4 Baths
-- Sq Ft
1947 Built

Last Sold August 23, 2021

Last sale price $1,095,000

11 Days on Market

Highlights

  • Laundry Facilities
  • Gated Home
  • 1-Story Property

About This Home

As of August 2021

We are pleased to present this beautifully positioned 4-plex in City Heights! The property consists of 2 detached duplex's comprised of Four- 1Br/1Ba units averaging $1269 a month on an extremely well maintained parcel. All units have been remodeled with shaker cabinets, quartz countertops, vinyl flooring, updated appliances and fixtures. New fencing, exterior paint and landscaping. Storage room w/ on-site laundry. POTENTIAL TO CONVERT INTO STUDIO ADU.

Last Agent to Sell the Property

Kevin Hemstreet

South Coast Commercial, Inc. License #01490629 Listed on: 07/03/2021

South Coast Commercial, Inc.

Last Buyer's Agent

Farid Khayamian

Bluxen, Inc. License #01835318

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Home Design

  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Gated Home
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 471-672-29-00

Community Details

Overview

  • 3 Buildings
  • 4 Units

Additional Features

  • Laundry Facilities
  • Net Operating Income $41,580

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Menlo & Wightman
  • Neighborhood: Fairmount Village
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1947
  • 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: Stucco
  • Fencing: Gate

Utilities

  • Water Heater Type: Gas

Condo/Co-op/Association

  • Complex Name: ..
  • Community: CITY HEIGHTS
  • Complex Features: Laundry Facilities

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 471-672-29-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 41580
  • Annual Expense Actual: 19262
  • Gross Rent Multiplier Actual: 17.5
  • Gross Sched Income Actual: 62724
  • Number Of Buildings: 3
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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ICE

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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
08/23/2021 08/23/21 Sold $1,095,000 0.0% --
07/15/2021 07/15/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $1,095,000 +32.7% --
05/16/2019 05/16/19 Sold $825,000 -2.9% $366 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
03/31/2019 03/31/19 For Sale $850,000 +24.1% $377 / Sq Ft
03/14/2018 03/14/18 Sold $685,000 +0.7% $304 / Sq Ft
02/03/2018 02/03/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $680,000 -- $301 / 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: 210018604

San Diego MLS