NOT LISTED FOR SALE

4111 Clairemont Mesa Blvd San Diego, CA 92117

North Clairemont Neighborhood
10 Beds
7 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold May 25, 2023

Last sale price $3,300,000

24 Days on Market

About This Home

As of May 2023

4111 Clairemont Mesa Blvd is a newly constructed & distinctive 5-unit multifamily building located in San Diego, CA. This building features a rare mix of (1) 3 bed/2bath 1100 SF single family ranch-style home & (4) 2023 newly constructed units comprised of (2) 1bed/1baths (790 & 820 SF) and (2) 3bed/2baths (1200 SF). All four of the newly built units are townhome style & offer two-story layouts throughout. This larger range of unit sizes and design makes the property suitable for a range of tenants. Unit amenities include stacked washers & dryers, central air/heating, porcelain countertops, stainless steel appliances, custom cabinetry, dual pane windows, 10ft ceilings, and LED lighting throughout. All units boast a small covered patio space & the back (4) units include a private balcony for maximum relaxation. This development is completely custom-built with no expenses spared whatsoever. All the finishes are high-end in all units with smart home technology (including being a fully solar complex). In addition, all tenants enjoy on-site parking provided by a large ample paved area for all.

Last Agent to Sell the Property

Aaron Marcusmillichap

Marcus & Millichap License #01318320 Listed on: 04/14/2023

Last Buyer's Agent

Victor Kung

Abacus Properties Inc. License #01290374

Abacus Properties Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2023

Lot Details

  • 9,148

Home Design

  • Clay Roof

Additional Features

  • 2-Story Property
  • Property is Fully Fenced

Listing and Financial Details

  • Tenant pays for water, electricity
  • Assessor Parcel Number 360-190-23-00

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Clairemont Community

Building Details

  • Net Operating Income $155,764

Property Details

Home Type

Multi-Family

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Clairemont Mesa Blvd
  • Neighborhood: West Clairemont
  • LP / Sq Ft: 21.0
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 2023
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Tile/Clay

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Complex Name: Clairemont
  • Community: CLAIREMONT

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Additional Property Use: ORMKS
  • Assessor Parcel Number: 360-190-23-00

Rental Info

  • Tenant Pays: Water, Electricity

Multi Family

  • No. of Units: 5
  • Actual Net Operating Income: 155764
  • Annual Expense Actual: 63921
  • Annual Expense Projected: 64356
  • Gross Rent Multiplier Actual: 15.37
  • Gross Rent Multiplier Projected: 14.78
  • Gross Sched Income Actual: 224160
  • Gross Sched Income Projected: 223126
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 5
  • Number Of Units With Dishwashers: 5
  • Number Of Units With Dryers: 5
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 5
  • Number Of Units With Range Oven: 5
  • Number Of Units With Refrigerator: 5
  • Number Of Units With Washers: 5
  • Other Income Actual: 28200
  • Other Income Projected: 28200.0

Range of Values:

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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
05/25/2023 05/25/23 Sold $3,300,000 -4.2% --
04/14/2023 04/14/23 For Sale $3,445,000 +349.2% --
01/08/2021 01/08/21 Sold $767,000 -1.0% $717 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $775,000 -- $724 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Aaron Marcusmillichap

    Marcus & Millichap

    2 in this area

    47 Total Sales

    Aaron Marcusmillichap
    Section Image
  • Victor Kung

    Buyer's Agent in 2023

    Victor Kung

    Abacus Properties Inc.

    (760) 715-8496

    2 in this area

    76 Total Sales

    Victor Kung
    Section Image
  • Gary Kent

    Seller's Agent in 2021

    Gary Kent

    Keller Williams Realty LaJolla

    (858) 457-5368

    43 in this area

    172 Total Sales

    Gary Kent
    Section Image
  • Seth Robinson

    Buyer's Agent in 2021

    Seth Robinson

    Keller Williams La Jolla

    (619) 496-7722

    3 in this area

    70 Total Sales

    Seth Robinson
    Section Image
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Map

Source: San Diego MLS

MLS Number: 230006889

San Diego MLS

APN: 360-190-23-00

California San Diego County San Diego 92117 North Clairemont

4111 Clairemont Mesa Blvd, San Diego, CA

This home is located at 4111 Clairemont Mesa Blvd, San Diego, CA 92117 since 14 April 2023. This property was built in 2023. 4111 Clairemont Mesa Blvd is a home located in San Diego County with nearby schools including Field Elementary School, Innovation Middle School, and Madison High School.

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