NOT LISTED FOR SALE

4138-40 Utah St San Diego, CA 92104

North Park Neighborhood
6 Beds
4 Baths
2,844 Sq Ft
4,688 Sq Ft Lot

Last Sold April 08, 2022

Last sale price $1,830,000 $643 Per Sq Ft

4 Days on Market

Highlights

  • Gated Community
  • Property is Fully Fenced
  • 3-minute walk to North Park Community Park
  • Garfield Elementary Rated A-
  • Level Lot

About This Home

As of April 2022

Great investment opportunity! Centrally located in a desirable area of North Park. Very well maintained property- inside and out. All units are rented. The front building has spacious 1 bed/1 bath apt on each floor. Both 1 bedrooms apartments are individually & nicely upgraded. The back building has 2 bed/ 1 bath apt on each floor. The upstairs back unit has beautiful wood floors w/ remodeled kitchen & bath. Shared laundry room has newer commercial washer/ dryer and provides additional income. The apartments are gated from the public. Off street parking available for each unit. Property maintenance includes recently removed & replaced concrete, both buildings recently professionally painted, and newer stand alone mailbox. Conveniently located near restaurants, shops, schools, and major freeways.

Last Agent to Sell the Property

Laura Keach

Coldwell Banker West License #01842532 Listed on: 03/01/2022

Coldwell Banker West

Last Buyer's Agent

Mike Poehler

CityMark Realty License #01996923

Property Details

Home Type

  • Multi-Family

Year Built

  • 1956

Lot Details

  • 4,688 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • Alley Access

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Window Bars

Utilities

  • 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
  • Assessor Parcel Number 446-301-26-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Additional Features

  • Net Operating Income $62,707
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

1956

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Polk
  • Neighborhood: North Park
  • Stories: 2 Story
  • Sale Price List Price: 1.22
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Rolled/Hot Mop

Utilities

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

Condo/Co-op/Association

  • Community: NORTH PARK
  • Complex Features: Gated Community

Schools

  • School District URL: https://www.sandiegounified.org/

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Curbs, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-3:RESTRI
  • Assessor Parcel Number: 446-301-26-00
  • Estimated Lot Sq Ft: 4688

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 62707
  • Annual Expense Actual: 7493
  • Gross Rent Multiplier Actual: 256.0
  • Gross Rent Multiplier Projected: 198.0
  • Gross Sched Income Actual: 70200
  • Gross Sched Income Projected: 91080
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 260

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
04/08/2022 04/08/22 Sold $1,830,000 +22.0% $643 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $1,500,000 -- $527 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Laura Keach

    Seller's Agent in 2022

    Laura Keach

    Coldwell Banker West

    (619) 933-8078

    1 in this area

    17 Total Sales

    Section Image
  • Mike Poehler

    Buyer's Agent in 2022

    Mike Poehler

    CityMark Realty

    (619) 991-0551

    1 in this area

    39 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 220004604

San Diego MLS

California San Diego County San Diego 92104 North Park

4138-40 Utah St, San Diego, CA

This home is located at 4138-40 Utah St, San Diego, CA 92104 since 01 March 2022. This property was built in 1956. 4138-40 Utah St is a home located in San Diego County with nearby schools including Garfield Elementary, Roosevelt International Middle School, and North Park Christian School.

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