NOT LISTED FOR SALE

3979 Illinois St San Diego, CA 92104

North Park Neighborhood
9 Beds
4 Baths
3,395 Sq Ft
5,250 Sq Ft Lot

Last Sold February 15, 2024

Last sale price $2,000,000 $589 Per Sq Ft

1 Day on Market

About This Home

As of February 2024

3979 Illinois Street features an approximately 1,127 sq ft 3 bed / 1 bath house built circa 1918 with a fireplace and laundry hook ups as well as a rear two-story structure with three approximately 756 sq ft 2 bed / 1 bath units built circa 1970 as well as two garages and tuck under parking. The front house features a new vanity with a quartz countertop as well as a bathtub with a tiled shower enclosure. The bedrooms feature carpet and new ceiling fans. The living room has refinished hardwood floors. The house also has new horizontal window coverings and interior and exterior paint as well as a wide front driveway and front lawn. There is a back patio accessible through the back door of the house. Access to the rear structure is gated and there is a common laundry room with a utility sink and storage room. The property is just steps from the restaurants and shopping on University Avenue. There is ample parking and another common laundry room onsite.

Last Agent to Sell the Property

Benn Vogelsang

NorthMarq Multifamily License #01883437 Listed on: 01/08/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 5,250

Additional Features

  • 2-Story Property
  • 5,250 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 446-431-04-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Net Operating Income $90,553

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: University
  • Neighborhood: North Park
  • LP / Sq Ft: 18.53
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1970
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Condo/Co-op/Association

  • Community: NORTH PARK

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 446-431-04-00
  • Estimated Lot Sq Ft: 5250

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 90553
  • Annual Expense Actual: 31551
  • Annual Expense Projected: 31551
  • Gross Rent Multiplier Actual: 15.9
  • Gross Rent Multiplier Projected: 12.7
  • Gross Sched Income Actual: 125880
  • Gross Sched Income Projected: 157440
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 1
  • Other Income Actual: 110
  • Other Income Projected: 110.0

Range of Values:

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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 List to Sale Price per Sq Ft
02/15/2024 02/15/24 Sold $2,000,000 0.0% $589 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $2,000,000 -- $589 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Benn Vogelsang

    Seller's Agent in 2024

    Benn Vogelsang

    NorthMarq Multifamily

    (415) 250-4947

    3 in this area

    103 Total Sales

    Benn Vogelsang
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Map

Source: San Diego MLS

MLS Number: 240000595

San Diego MLS

APN: 446-431-04-00

California San Diego County San Diego 92104 North Park

3979 Illinois St, San Diego, CA

This home is located at 3979 Illinois St, San Diego, CA 92104 since 08 January 2024. This property was built in 1970. 3979 Illinois St is a home located in San Diego County with nearby schools including Jefferson Elementary, Roosevelt International Middle School, and North Park Christian School.

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