NOT LISTED FOR SALE

4050-54.5 36th San Diego, CA 92104

Corridor Neighborhood
7 Beds
4 Baths
2,600 Sq Ft
7,140 Sq Ft Lot

Last Sold October 09, 2020

Last sale price $1,150,000 $442 Per Sq Ft

2 Days on Market

About This Home

As of October 2020

Run to this amazing investment located in an Opportunity Zone! Detached 2bd/1ba house w/private yard, off-street parking & alley access ready for updating or expansion! Front 2-story triplex has two 2bd/1ba units & a 1bd/1ba. Tons of off street parking! Addtl income from owned common laundry (~$130/mo), plus two 1-car garages ($230/mo). This is a prime investment opportunity for investors who are looking to create value by making some upgrades &/or raising rents. Lowest priced 4-plex in 92104 by $340k!!

Last Agent to Sell the Property

Erin McLain

M2 Real Estate & Consulting License #01214290 Listed on: 08/28/2020

Last Buyer's Agent

Brian Duarte

Millennial Realty Group License #01468181

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,140 Sq Ft Lot
  • Gated Home
  • Partially Fenced Property

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for cable TV, electricity, hot water
  • Assessor Parcel Number 447-402-25-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Net Operating Income $53,064

Property Details

Home Type

Multi-Family

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
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 9999
  • 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: Gate, Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property

Condo/Co-op/Association

  • Community: NORTH PARK

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Public Street
  • Assessor Parcel Number: 447-402-25-00
  • Estimated Lot Sq Ft: 7140
  • Estimated Number of Acres: 0.16

Rental Info

  • Tenant Pays: Cable TV, Electricity, Hot Water

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 53064
  • Annual Expense Actual: 11196
  • Gross Rent Multiplier Actual: 17.9
  • Gross Sched Income Actual: 64260
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 1

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
10/09/2020 10/09/20 Sold $1,150,000 0.0% $442 / Sq Ft
09/16/2020 09/16/20 For Sale $1,150,000 0.0% $442 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $1,150,000 -- $442 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Erin McLain

    Seller's Agent in 2020

    Erin McLain

    M2 Real Estate & Consulting

    (619) 885-3292

    1 in this area

    20 Total Sales

    Erin McLain
    Section Image
  • Brian Duarte

    Buyer's Agent in 2020

    Brian Duarte

    Millennial Realty Group

    (619) 985-1996

    2 in this area

    17 Total Sales

    Brian Duarte
    Section Image
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Map

Source: San Diego MLS

MLS Number: 200041720

San Diego MLS
California San Diego County San Diego 92104 Corridor

4050-54.5 36th, San Diego, CA

This home is located at 4050-54.5 36th, San Diego, CA 92104 since 28 August 2020. 4050-54.5 36th is a home located in San Diego County with nearby schools including Edison Elementary School, Wilson Middle School, and Herbert Hoover High School.

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