NOT LISTED FOR SALE
7 Beds
4 Baths
-- Sq Ft
5,200 Sq Ft Lot

Last Sold December 13, 2021

Last sale price $748,000

4 Days on Market

Highlights

  • Security Gate
  • Level Lot
  • 1-Story Property
  • Gated Home
  • Heating Available

About This Home

As of December 2021

3 units with great cash flow and close to double Cap Rate of what many SD properties are currently purchased! Definitely great for an investor looking for a higher cap rate with stable tenants in San Diego County. It has been owner managed. Tenants have not missed payments and would like to stay. Laundry hook ups are available for two of the units. Tenants own their washer and dryer for those units.

Last Agent to Sell the Property

Jessica Vance

Anchor Funding, Inc. License #01491854 Listed on: 11/02/2021

Last Buyer's Agent

Roxanne Govari

Pemberley Realty Inc. License #01319244

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 5,200 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Security Gate

Utilities

  • Heating Available
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • Net Operating Income $53,940

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 546-412-23-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: T Street
  • Neighborhood: Logan Heights
  • Supplement: Laundry hook ups are available for two of the units. Tenants own their washer and dryer for those units.
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1953
  • 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: Full, Gate
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Community: LOGAN HEIGHTS

Fee Information

  • Other Fees Type: Security Gate

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 546-412-23-00
  • Estimated Lot Sq Ft: 5200
  • Estimated Number of Acres: 0.12
  • Map Code Column: G
  • Map Code Page: 1289
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Actual Net Operating Income: 53940
  • Annual Expense Actual: 6000
  • Gross Rent Multiplier Actual: 12.49
  • Gross Sched Income Actual: 59940
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

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
12/13/2021 12/13/21 Sold $748,000 0.0% --
11/07/2021 11/07/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $748,000 -- --
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: 210030354

San Diego MLS

APN: 546-412-23-00