NOT LISTED FOR SALE
6 Beds
5 Baths
2,950 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: October 4, 2021

Last sale price $1,015,000 $344 Per Sq Ft

55 Days on Market

About This Home

As of October 2021

JUST REDUCED! Easy to rent mix of four-one bed and one-two bed units. Built in 1953. All units have air conditioning and tankless water heaters. Sloped roofs mean lower operating cost. There is plenty of street parking available. We estimate Gross Sq.Ft. to be about 2,950. The tax record mistakenly reports a higher number. The fence line on the property to the west is one ft. higher than the elevations of the house and the apartment building. It would be prudent to have gutters installed on the west side of the house and apartments and have a French drain installed to carry the water away into the alley. The cost of this work is expected to be less than $10k. The asset is nearby to major freeways, Mountain View Park and Community Center, schools and shopping.

Last Agent to Sell the Property

Terry Moore

ACI Apartments License #00918512 Listed on: 06/29/2021

Last Buyer's Agent

Terry Moore

ACI Apartments License #00918512 Listed on: 06/29/2021

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Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,534

Home Design

  • Stucco

Interior Spaces

  • 6 Bedrooms
  • 2,950 Sq Ft Home
  • 2-Story Property

Additional Homes

  • Number of ADU Units: 1

Listing and Financial Details

  • Total Actual Rent $6,250

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Operating Expense $27,215

Property Details

Home Type

Multi-Family

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • CapRate: 4.3
  • Co List Office Mls Id: 61276
  • Living Area: 2950.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-03-05T12:18:16Z
  • FullAddress: 3966-70 Teak St.
  • ShortSale: No
  • SDMLS_NumofADUUnits: 1.0
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 6

Exterior Features

  • Construction Type: Stucco

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 5
  • Annual Operating Expense: 27215.0
  • Total Actual Rent: 6250.0

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/04/2021 10/04/21 Sold $1,015,000 -5.1% $344 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $1,069,000 0.0% $362 / Sq Ft
08/03/2021 08/03/21 For Sale $1,069,000 -2.7% $362 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $1,099,000 -- $373 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $13,526 $1,530,000 $1,020,000 $510,000
2025 $13,526 $1,077,125 $583,664 $493,461
2024 $13,014 $1,056,006 $572,220 $483,786
2023 $12,726 $1,035,300 $561,000 $474,300
2022 $12,387 $1,018,591 $536,101 $482,490
2021 $12,592 $1,018,591 $536,101 $482,490
2020 $12,440 $1,008,147 $530,604 $477,543
2019 $12,218 $988,380 $520,200 $468,180
2018 $11,422 $969,000 $510,000 $459,000
2017 $80 $424,413 $159,154 $265,259
2016 $4,921 $416,092 $156,034 $260,058
2015 $4,848 $409,843 $153,691 $256,152
2014 $4,774 $401,816 $150,681 $251,135
Source: Public Records

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Map

Source: San Diego MLS

MLS Number: 210018070

San Diego MLS
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