NOT LISTED FOR SALE

4142 3rd Ave San Diego, CA 92103

Hillcrest Neighborhood
6 Beds
3 Baths
-- Sq Ft
1950 Built

Last Sold August 25, 2017

Last sale price $1,100,000

67 Days on Market

About This Home

As of August 2017

Fantastic 3 unit property in Historic Hillcrest and close to hospitals. 2 Car garage valuable due to parking restrictions! Secured parking and gates. Front detached house has landscaping in front and back area. Front house has porch and back patio off of kitchen, garden sitting area. Large laundry/utility room on rear porch. Solar. Hardwood floors, built in cabinets, fireplace. Front house has Central heat and AC. Back units 2br/1 ba x 2 with coin-op laundry room. There is a Solar system. No lease. Buyer and Buyer agent to investigate and apply for Net-Metering for tenants.

Last Agent to Sell the Property

Andrew Grinnell

Sunset Realty License #01459299 Listed on: 05/18/2017

Co-Listed By

Alan Hamrick

Real Broker License #01418974

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • Gated Home
  • Property is Fully Fenced

Parking

  • Automatic Gate

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 444-514-13-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • N/K Community

Building Details

  • Net Operating Income $51,407

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Montecito Way
  • Neighborhood: Hillcrest
  • Supplement: There is a Solar system. No lease. Buyer and Buyer agent to investigate and apply for Net-Metering for tenants.
  • LP / Sq Ft: 20.12
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1950
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full, Gate
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air
  • Security: Automatic Gate

Condo/Co-op/Association

  • Complex Name: N/K
  • Community: HILLCREST
  • Manager Name: Jason Bois
  • Manager Phone: 619-204-4244

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 444-514-13-00
  • Land Use Code: R4

Rental Info

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

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 51407
  • Annual Expense Actual: 17567
  • Annual Expense Projected: 14500
  • Gross Rent Multiplier Actual: 16.75
  • Gross Rent Multiplier Projected: 16.04
  • Gross Sched Income Actual: 68340
  • Gross Sched Income Projected: 71400
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 2
  • Other Income Actual: 1380
  • Other Income Projected: 1380.0

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
08/25/2017 08/25/17 Sold $1,100,000 -3.9% --
07/24/2017 07/24/17 Pending -- -- --
07/13/2017 07/13/17 Price Changed $1,145,000 -3.4% --
07/13/2017 07/13/17 For Sale $1,185,000 0.0% --
07/07/2017 07/07/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $1,185,000 0.0% --
06/14/2017 06/14/17 For Sale $1,185,000 0.0% --
06/13/2017 06/13/17 Pending -- -- --
06/02/2017 06/02/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $1,185,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andrew Grinnell

    Seller's Agent in 2017

    Andrew Grinnell

    Sunset Realty

    (858) 717-2698

    18 Total Sales

    Andrew Grinnell
    Section Image
  • Alan Hamrick

    Seller Co-Listing Agent in 2017

    Alan Hamrick

    Real Broker

    (619) 322-3321

    2 in this area

    53 Total Sales

    Section Image

  • N

    Buyer's Agent in 2017

    Non-Member Default

    Default Non-Member Office

  • O

    Buyer's Agent in 2017

    Out of Area Agent

    Out of Area Office

  • K

    Buyer's Agent in 2017

    Kathryn Frost

    RETS IDX TCAR VENDORS

    (785) 841-2400

    7 in this area

    708 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 170025504

San Diego MLS

California San Diego County San Diego 92103 Hillcrest

4142 3rd Ave, San Diego, CA

This home is located at 4142 3rd Ave, San Diego, CA 92103 since 18 May 2017. This property was built in 1950. 4142 3rd Ave is a home located in San Diego County with nearby schools including Florence Elementary School, Roosevelt International Middle School, and Museum School.

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