NOT LISTED FOR SALE

3825 37th St Unit 27 San Diego, CA 92105

Cherokee Point Neighborhood
5 Beds
4 Baths
2,200 Sq Ft
7,000 Sq Ft Lot

Last Sold June 27, 2016

Last sale price $575,000 $261 Per Sq Ft

35 Days on Market

Highlights

  • Gated Parking
  • Property is Fully Fenced
  • Level Lot

About This Home

As of June 2016

3 Units with great positive cash flow even with low down ! Front house 3 bed /2 bath about 1,100 sq feet and two 1 bed/1 bath apartments (500 sq feet each), over 3 single car plus 1 double garages, large yards for all, new paint on both buildings. Tenants pay all including the water!!! Combined rents about $3,700/month!! Duplex newer about 1970's. Each unit has a refrigerator. Live in one Rent the others or great investment property !

Last Agent to Sell the Property

Kevin Lane

Kevin Lane Realty License #01154276 Listed on: 02/28/2016

Last Buyer's Agent

Kevin Lane

Kevin Lane Realty License #01154276 Listed on: 02/28/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 7,000 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Parking

  • Alley Access
  • Gated Parking

Utilities

  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 447-481-10-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • City Heights Community

Pet Policy

  • Breed Restrictions

Building Details

  • Net Operating Income $42,180

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: WIGHTMAN
  • Neighborhood: CITY HEIGHTS
  • LP / Sq Ft: 124.77
  • Stories: 2 Story
  • Sale Price List Price: 1.05
  • Total Stories: 2
  • Year Built: 1924
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Garage/Parking

  • Parking for RV: Gated

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Complex Name: CITY HEIGHTS
  • Pets Allowed: Allowed w/Restrictions
  • Community: CITY HEIGHTS
  • Manager Name: MANAGER
  • Manager Phone: 8585682939

Fee Information

  • Other Fees Reflect: Year
  • Other Fees Type: Boat

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access
  • Topography: Level
  • Assessor Parcel Number: 447-481-10-00
  • Land Use Code: R3
  • Estimated Lot Sq Ft: 7000
  • Estimated Number of Acres: 0.16

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 42180
  • Annual Expense Actual: 2100
  • Annual Expense Projected: 2100
  • Gross Rent Multiplier Actual: 12.3
  • Gross Rent Multiplier Projected: 11.0
  • Gross Sched Income Actual: 3700
  • Gross Sched Income Projected: 4100
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 1
  • Number Of Units With Washers: 1

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
06/27/2016 06/27/16 Sold $575,000 +4.7% $261 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $549,000 -- $250 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kevin Lane

    Kevin Lane Realty

    (442) 218-5121

    2 Total Sales

    Kevin Lane
    Section Image
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Map

Source: San Diego MLS

MLS Number: 160010622

San Diego MLS

APN: 447-481-10-00

California San Diego County San Diego 92104 Cherokee Point

3825 37th St Unit 27, San Diego, CA

This home is located at 3825 37th St Unit 27, San Diego, CA 92105 since 28 February 2016. This property was built in 1924. 3825 37th St Unit 27 is a home located in San Diego County with nearby schools including Cherokee Point Elementary School, Wilson Middle School, and Herbert Hoover High School.

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