NOT LISTED FOR SALE

4065 Orange Ave San Diego, CA 92105

Teralta West Neighborhood
4 Beds
3 Baths
-- Sq Ft
4,076 Sq Ft Lot

Last Sold July 09, 2019

Last sale price $720,000

40 Days on Market

Highlights

  • Corner Lot
  • Gated Home
  • 2-minute walk to Teralta Park
  • Laundry Facilities
  • Wood Siding

About This Home

As of July 2019

Excellent investment opportunity in a hot rental market near Teralta Park. 3 detached homes that are nicely remodeled with custom features. Two 2/1 detached houses with private fenced yards and one 1 room studio detached unit above a 2 car garage with large deck. Additionally there are 4-5 off street parking spaces, 2 driveways, owned coin laundry produces additional income, and there is a large storage room. Rents are low due to long term residents and can be increase by approximately 25%-35%.

Last Agent to Sell the Property

Matt Robinson

MD Real Estate, Inc License #01491108 Listed on: 04/30/2019

Last Buyer's Agent

Drew Auker

Keller Williams RealtyLa Jolla License #01867075

Keller Williams RealtyLa Jolla

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 4,076 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 454-752-02-00

Community Details

Overview

  • 3 Buildings
  • 3 Units

Additional Features

  • Laundry Facilities
  • Net Operating Income $32,129

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: Central Ave. & 41st St.
  • Neighborhood: San Diego
  • LP / Sq Ft: 15.38
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Total Stories: 2
  • Year Built: 1940
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full, Gate, Partial
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Available, Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: CITY HEIGHTS
  • Complex Features: Laundry Facilities

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Corner Lot, Public Street, Street Paved
  • Topography: Level
  • Zoning: R-4
  • Assessor Parcel Number: 454-752-02-00
  • Estimated Lot Sq Ft: 4076

Rental Info

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

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 32129
  • Annual Expense Actual: 15451
  • Annual Expense Projected: 15451
  • Gross Rent Multiplier Actual: 15.52
  • Gross Rent Multiplier Projected: 11.5
  • Gross Sched Income Actual: 48000
  • Gross Sched Income Projected: 64800
  • Number Of Buildings: 3
  • Number Of Furnished Units: 3
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1
  • Other Income Actual: 1020
  • Other Income Projected: 1020.0

Range of Values:

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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
07/09/2019 07/09/19 Sold $720,000 -3.4% --
06/10/2019 06/10/19 Pending -- -- --
05/20/2019 05/20/19 Price Changed $745,000 -5.7% --
04/30/2019 04/30/19 For Sale $790,000 +122.5% --
06/11/2015 06/11/15 Sold $355,000 -6.3% $244 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $379,000 -- $261 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matt Robinson

    Seller's Agent in 2019

    Matt Robinson

    MD Real Estate, Inc

    (858) 361-3159

    14 Total Sales

    Matt Robinson
    Section Image
  • Drew Auker

    Buyer's Agent in 2019

    Drew Auker

    Keller Williams RealtyLa Jolla

    (619) 814-3449

    174 Total Sales

    Drew Auker
    Section Image
  • Kevin McCollom

    Buyer's Agent in 2019

    Kevin McCollom

    Compass

    (415) 710-8713

    121 Total Sales

    Kevin McCollom
    Section Image
  • Julie Iuli

    Seller's Agent in 2015

    Julie Iuli

    Seahorse Properties, Inc.

    (619) 871-7777

    Julie Iuli
    Section Image

  • T

    Buyer's Agent in 2015

    Trevor Smith

    Engel & Volkers Carlsbad

See All Agents

Map

Source: San Diego MLS

MLS Number: 190023137

San Diego MLS

APN: 454-752-02-00

California San Diego County San Diego 92105 Teralta West

4065 Orange Ave, San Diego, CA

This home is located at 4065 Orange Ave, San Diego, CA 92105 since 30 April 2019. This property was built in 1940. 4065 Orange Ave is a home located in San Diego County with nearby schools including Central Elementary School, Wilson Middle School, and Herbert Hoover High School.

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