NOT LISTED FOR SALE

4018-24 Menlo Ave San Diego, CA 92105

Teralta East Neighborhood
5 Beds
4 Baths
-- Sq Ft
1940 Built

Last Sold March 27, 2019

Last sale price $780,000

90 Days on Market

About This Home

As of March 2019

Four unit value-add opportunity in City Heights. Three stand alone cottages with a two bedroom one bath above the garages. Four Garages in the back of the property that provide additional income. Potential Upside in rents by adding onsite laundry and upgrading the interior of the units.

Last Agent to Sell the Property

Anni Grimes

Coldwell Banker Realty License #01301792 Listed on: 12/14/2018

Coldwell Banker Realty

Last Buyer's Agent

Terry Moore

ACI Apartments License #00918512

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Home Design

  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 471-482-21-00

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • City Heights Community

Building Details

  • Net Operating Income $41,154

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: University Ave
  • Neighborhood: City Heights
  • LP / Sq Ft: 16.18
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1940
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Gate

Condo/Co-op/Association

  • Complex Name: City Heights
  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 471-482-21-00

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 41154
  • Annual Expense Actual: 18979
  • Annual Expense Projected: 18979
  • Gross Rent Multiplier Actual: 12.95
  • Gross Rent Multiplier Projected: 10.45
  • Gross Sched Income Actual: 63720
  • Gross Sched Income Projected: 71760
  • Number Of Buildings: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 3420

Range of Values:

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Average Value
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List Price
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
03/27/2019 03/27/19 Sold $780,000 -1.9% --
03/15/2019 03/15/19 Pending -- -- --
01/23/2019 01/23/19 Price Changed $795,000 -3.6% --
12/14/2018 12/14/18 For Sale $825,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Anni Grimes

    Coldwell Banker Realty

    (619) 261-1472

    6 Total Sales

    Anni Grimes
    Section Image
  • Terry Moore

    Buyer's Agent in 2019

    Terry Moore

    ACI Apartments

    (619) 889-1031

    1 in this area

    52 Total Sales

    Terry Moore
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 180067498

San Diego MLS
California San Diego County San Diego 92105 Teralta East

4018-24 Menlo Ave, San Diego, CA

This home is located at 4018-24 Menlo Ave, San Diego, CA 92105 since 14 December 2018. This property was built in 1940. 4018-24 Menlo Ave is a home located in San Diego County with nearby schools including Euclid Elementary School, Mann Middle School, and Crawford High School.

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