NOT LISTED FOR SALE

4038-4040(1/2) Georgia St San Diego, CA 92103

University Heights Neighborhood
7 Beds
4 Baths
3,300 Sq Ft
7,002 Sq Ft Lot

Last Sold November 30, 2020

Last sale price $1,440,000 $436 Per Sq Ft

4 Days on Market

About This Home

As of November 2020

1,500 sqft Three Bedroom 2 bath Home plus two clean 900 sqf two bedroom 1 bath apartments. 2 Garages and plenty of on site parking. 7002 Sqft lot zoned RM 3-9 ADU & Development Potential. This will not last long.

Last Agent to Sell the Property

Brian Raynoha

Apartment Advisors Inc. License #01798711 Listed on: 10/01/2020

Last Buyer's Agent

Patrick Walker

Voit Commercial Brokerage

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,002 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 445-551-17-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Juicy Peeches Community

Pet Policy

  • No Pets Allowed

Building Details

  • Net Operating Income $19,084

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Lincoln
  • Neighborhood: Hillcrest, NP UH
  • LP / Sq Ft: 23.61
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Total Stories: 2
  • Year Built: 1920
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 3
  • 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

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Complex Name: Juicy Peeches
  • Pets Allowed: No Pets Allowed
  • Community: HILLCREST
  • Manager Name: Brian
  • Manager Phone: 858.869.9290

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: CITY OF SAN DIEGO
  • Zoning: RM3-9
  • Assessor Parcel Number: 445-551-17-00
  • Estimated Lot Dimensions: 50 X 140
  • Estimated Lot Sq Ft: 7002
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.16

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 19084
  • Annual Expense Actual: 25545
  • Annual Expense Projected: 25545
  • Gross Rent Multiplier Actual: 31.84
  • Gross Rent Multiplier Projected: 16.34
  • Gross Sched Income Actual: 44160
  • Gross Sched Income Projected: 86400
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Other Income Actual: 1260
  • Other Income Projected: 2340.0
  • Percent Owner Occupancy: 66.0

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
11/30/2020 11/30/20 Sold $1,440,000 -0.7% $436 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $1,450,000 -- $439 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brian Raynoha

    Apartment Advisors Inc.

    Section Image

  • P

    Buyer's Agent in 2020

    Patrick Walker

    Voit Commercial Brokerage

See All Agents

Map

Source: San Diego MLS

MLS Number: 200047120

San Diego MLS
California San Diego County San Diego 92103 University Heights

4038-4040(1/2) Georgia St, San Diego, CA

This home is located at 4038-4040(1/2) Georgia St, San Diego, CA 92103 since 01 October 2020. This property was built in 1920. 4038-4040(1/2) Georgia St is a home located in San Diego County with nearby schools including Birney Elementary School, Roosevelt International Middle School, and North Park Christian School.

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