NOT LISTED FOR SALE
4 Beds
4 Baths
2,163 Sq Ft
1957 Built

Last Sold February 09, 2024

Last sale price $1,965,000 $908 Per Sq Ft

3 Days on Market

Highlights

  • Tankless Water Heater
  • Laundry Facilities
  • 2-minute walk to Crown Point Dog Park
  • Crown Point Junior Music Academy Rated A-
  • Partially Fenced Property

About This Home

As of February 2024

Four units at Sail Bay! Located just a short stroll away from the water and a mere nine blocks from the Pacific Ocean, 4034-36 Ingraham Street offers a turn-key and stabilized investment opportunity. Recently renovated both inside and out, the property boasts numerous amenities including on-site laundry room, off-street parking and a communal outdoor courtyard complete with seating and a gas fire feature. Every unit features exposed beam ceilings, new flooring and modern finishes throughout and two units have spacious walk-in closets. Close to schools, shopping, and the surf, enjoy the strong rents and future appreciation the premium beach communities are known for!

Last Agent to Sell the Property

Tyler Hadzicki

Starker West, Inc. License #02080349 Listed on: 01/08/2024

Last Buyer's Agent

Gregg Phillipson

Keller Williams Realty License #01153857

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • Partially Fenced Property
  • Sprinklers on Timer

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 423-403-17-00

Community Details

Overview

  • 4 Units
  • N/K Association

Additional Features

  • Laundry Facilities
  • Net Operating Income $79,863

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Pacific Beach Drive
  • Neighborhood: Crown Point
  • LP / Sq Ft: 22.45
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1957
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Water: Meter on Property
  • Water Heater Type: Tankless
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: PACIFIC BEACH
  • Complex Features: Laundry Facilities
  • Home Owner Association: N/K

Lot Info

  • Irrigation: Automatic
  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 423-403-17-00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 79863
  • Annual Expense Actual: 33511
  • Annual Expense Projected: 33511
  • Gross Rent Multiplier Actual: 16.9
  • Gross Rent Multiplier Projected: 15.8
  • Gross Sched Income Actual: 116880
  • Gross Sched Income Projected: 124800
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 4
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

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
02/09/2024 02/09/24 Sold $1,965,000 -0.5% $908 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $1,975,000 -- $913 / Sq Ft
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: 240000602

San Diego MLS