$673,000
SOLD NOV 8, 2019
4 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Recently Sold

1% Below List Price

5 Days on Market

Highlights

  • Gated Home
  • 1-Story Property
  • 3-minute walk to 41st Street Park
  • Gentle Sloping Lot

About This Home

As of November 2019

Two beautifully remodeled homes on one corner lot, each fenced in with their own yards in great neighborhood. Both homes have new kitchen, bathroom, doors, water heater, wall heater, and fresh paint. Gamma St has new floors, and 40th St has restored oak floors. Close to major freeways. Minutes from Down Town, Convention Center, Petco Park, Seaport Village, etc. Possible Air BNB potential or rent one live in one. Tenants pay electric & gas.

Last Agent to Sell the Property

Michael Marinelli

Millennial Realty Group License #01984209 Listed on: 10/04/2019

Last Buyer's Agent

Bobby Martins

eXp Realty of California, Inc License #01339628

eXp Realty of California, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • Gated Home
  • Cross Fenced
  • Property is Fully Fenced
  • Gentle Sloping Lot

Home Design

  • Composition Roof

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • Drip Irrigation

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 551-301-13-00

Community Details

Overview

  • 3 Buildings
  • 2 Units
  • San Diego Community

Building Details

  • Net Operating Income $44,938

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: 40th
  • Neighborhood: san diego
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Total Stories: 1
  • Year Built: 1960
  • 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: Wood/Stucco
  • Fencing: Cross Fencing, Full, Gate
  • Roof: Composition

Utilities

  • Water Heater Type: Gas

Condo/Co-op/Association

  • Complex Name: San Diego
  • Community: SAN DIEGO

Lot Info

  • Irrigation: Drip
  • Lot Size: 4,000-7,499 SF
  • Topography: Slope Gentle
  • Assessor Parcel Number: 551-301-13-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 44938
  • Annual Expense Actual: 3062
  • Gross Rent Multiplier Actual: 14.15
  • Gross Sched Income Actual: 48000
  • Number Of Buildings: 3
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2

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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 Change Sq Ft Price
11/08/2019 11/08/19 Sold $673,000 -0.9% --
10/04/2019 10/04/19 For Sale $679,000 +45.7% --
05/01/2018 05/01/18 Sold $466,000 -1.9% --
02/26/2018 02/26/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $475,000 -- --
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: 190054592

San Diego MLS

APN: 551-301-13-00