$1,250,000
SOLD JAN 16, 2019
8 Beds
4 Baths
3,136 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$399 Per Sq Ft

11% Below List Price

66 Days on Market

Highlights

  • Gated Community
  • Laundry Facilities
  • Property is Fully Fenced
  • Lewis Middle School Rated A-

About This Home

As of January 2019

Fantastic investment opportunity located in desirable Kensington neighborhood. Each of the 4 units are 2 bedroom 1 full bath with spacious dining/living rooms and nice size closets. Property has onsite laundry and secluded green space. Renovated units have refrigerator, oven range, microwave, custom countertops, cabinetry and 4117 has a dishwasher. There's travertine flooring in bathrooms and laminate wood throughout. Energy efficient windows have glare resistance. Close access to the 15, 805, 8 and YMCA.

Last Agent to Sell the Property

Kristin Ryner

Navigation Realty License #01945609 Listed on: 10/12/2018

Last Buyer's Agent

Kevin Huynh

Superior Real Estate Group License #01869371

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Stucco Exterior

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Sprinklers on Timer
  • Property is Fully Fenced

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 454-733-03-00

Community Details

Overview

  • 4 Units
  • Wilshire Place Community

Pet Policy

  • No Pets Allowed

Additional Features

  • Laundry Facilities
  • Net Operating Income $26,019
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: 41st
  • Neighborhood: Kensington
  • LP / Sq Ft: 18.75
  • Stories: 2 Story
  • Sale Price List Price: 0.89
  • Total Stories: 2
  • Year Built: 1955
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Security: Gated Community
  • Sewer/Septic: Sewer Connected
  • Water: Available, Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Wilshire Place
  • Pets Allowed: No Pets Allowed
  • Community: NORMAL HEIGHTS
  • Complex Features: Gated Community, Laundry Facilities

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Irrigation: Automatic, Drip, Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Public Street, Sidewalks, Street Paved
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 454-733-03-00
  • Water District URL: http://www.ci.san-diego.ca.us/water

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 26019
  • Annual Expense Actual: 21381
  • Annual Expense Projected: 21381
  • Gross Rent Multiplier Actual: 29.5
  • Gross Rent Multiplier Projected: 14.57
  • Gross Sched Income Actual: 47400
  • Gross Sched Income Projected: 96000
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

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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
03/08/2019 03/08/19 Rented $1,895 -2.8% --
02/20/2019 02/20/19 For Rent $1,950 0.0% --
01/16/2019 01/16/19 Sold $1,250,000 -10.7% $399 / Sq Ft
12/18/2018 12/18/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $1,399,000 0.0% $446 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $1,399,000 -- $446 / Sq Ft
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: 180057267

San Diego MLS

APN: 454-733-03-00