$815,000
SOLD JUN 1, 2022
4 Beds
3 Baths
1,388 Sq Ft
6,248 Sq Ft Lot

Recently Sold

$587 Per Sq Ft

4% Below List Price

74 Days on Market

Highlights

  • 1-Story Property
  • Partially Fenced Property
  • Wood Siding

About This Home

As of June 2022

Price Reduction! Good investment opportunity to purchase a triplex in a good location close to schools with long term tenants. All three units are detached and located on a good size lot with alley access. The 2 bedroom/1 bath unit contains washer/dryer hookups and one of the back units have storage units that can be converted to garages. Within walking distance to Elementary and High School.

Last Agent to Sell the Property

Jerald Clark

White - Black Real Estate License #01360382 Listed on: 03/03/2022

Last Buyer's Agent

Aviv Levy

Accredited Financial Group License #02075155

Property Details

Home Type

  • Multi-Family

Year Built

  • 2000

Lot Details

  • 6,248 Sq Ft Lot
  • Partially Fenced Property

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, electricity
  • Assessor Parcel Number 471-392-18-00

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Net Operating Income $24,308

Property Details

Home Type

Multi-Family

Year Built

2000

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Polk Ave
  • Neighborhood: City Heights
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2000

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: CITY HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Public Street
  • Zoning: R-3:RESTRI
  • Assessor Parcel Number: 471-392-18-00
  • Estimated Lot Sq Ft: 6248

Rental Info

  • Tenant Pays: Water, Electricity

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 24308
  • Annual Expense Actual: 11000
  • Gross Rent Multiplier Actual: 8.68
  • Gross Sched Income Actual: 40308
  • Number Of Buildings: 3

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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
06/01/2022 06/01/22 Sold $815,000 -1.2% $587 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/13/2022 05/13/22 Price Changed $825,000 -2.9% $594 / Sq Ft
04/30/2022 04/30/22 For Sale $850,000 0.0% $612 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/06/2022 04/06/22 Price Changed $850,000 -8.1% $612 / Sq Ft
03/31/2022 03/31/22 Price Changed $925,000 -15.9% $666 / Sq Ft
03/16/2022 03/16/22 Price Changed $1,100,000 -8.3% $793 / Sq Ft
03/03/2022 03/03/22 For Sale $1,200,000 +242.9% $865 / Sq Ft
09/30/2015 09/30/15 Sold $350,000 -14.6% --
07/23/2015 07/23/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $410,000 -- --
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: 220004797

San Diego MLS

APN: 471-392-18-00