NOT LISTED FOR SALE
6 Beds
3 Baths
-- Sq Ft
1929 Built

Last Sold August 17, 2015

Last sale price $455,000

112 Days on Market

Highlights

  • Gated Home
  • Level Lot
  • 1-Story Property

About This Home

As of August 2015

Gamma is a unique property that consists of a newly constructed (2014) 3bd/2ba house along with a detached 2bd/1ba house. The property is a great option for an owner who wants to buy a house and investment at the same time. Live in one unit and rent the other unit out to help pay your mortgage. Investors will like the minimal turnover and the turn key condition of the units. You are cash flowing from day one. The newly constructed house is immaculate with granite counters in kitchens and bathrooms. The newly constructed house is immaculate with granite counters in kitchens and bathrooms, tile backsplash, and dark wood laminate.

Last Agent to Sell the Property

David Cameron

South Coast Commercial, Inc. License #01269169 Listed on: 05/30/2015

Co-Listed By

Alex Gamboa

Realty Experts License #01948446

Last Buyer's Agent

Don Arnt

Coldwell Banker-Redwood City License #00326273

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • Gated Home
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Parking

  • Alley Access
  • RV Potential

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, electricity, gas/propane
  • Assessor Parcel Number 550-712-18-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $27,334

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: S 39th
  • Neighborhood: Logan Heights
  • Supplement: The newly constructed house is immaculate with granite counters in kitchens and bathrooms, tile backsplash, and dark wood laminate.
  • Stories: 1 Story
  • Sale Price List Price: 1.01
  • Total Stories: 1
  • Year Built: 1929
  • 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: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Garage/Parking

  • Parking for RV: Potential Space

Utilities

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

Condo/Co-op/Association

  • Community: LOGAN HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Assessor Parcel Number: 550-712-18-00
  • Land Use Code: Mult

Rental Info

  • Tenant Pays: Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 27334
  • Annual Expense Actual: 9914
  • Gross Rent Multiplier Actual: 14.3
  • Gross Sched Income Actual: 38400
  • Number Of Buildings: 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
08/17/2015 08/17/15 Sold $455,000 -17.1% --
07/08/2015 07/08/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $549,000 -- --
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: 150029145

San Diego MLS