$1,800,000
SOLD MAR 21, 2022
8 Beds
4 Baths
3,000 Sq Ft
7,013 Sq Ft Lot

Recently Sold

$600 Per Sq Ft

1% Below List Price

6 Days on Market

Highlights

  • 7,013 Sq Ft lot
  • Level Lot
  • Gravity Heating System
  • Property is Fully Fenced

About This Home

As of March 2022

Wonderful opportunity in the "Corridor" neighborhood of North Park! 4 2bdr units each with one car garage, and one single room/studio unit. Single room/studio (4162 1/2) not permitted. 4 gas & electric meters, 1 water meter. Single room/studio is rented at $850 per mo., prop info shows rent for 4162 as $2150, this breaks down to $1300 for 2bdr/1ba, $850 for room/studio. All units are occupied, and are paying under market rent. Four tenants on Mo 2 Mo, one wi. lease. Buyer to participate in Seller 1031 exchange at no additional cost to buyer. Property has 2 buildings. Front building has a 2bdr and the studio, rear building has 2 2nd floor 2br/1ba, and 1 ground level 2br/1ba, and 4 garages. Garages are accessed through alley behind property. Comfortable common area, common pay laundry in complex. Come and see this amazing opportunity! Virtual tours available for all 5 units, 2 of which are on MLS, the rest can be emailed to you quickly. Buyers to satisfy themselves as to condition of property, SqFt of bldgs/lot, before close of escrow.

Last Agent to Sell the Property

Pete Buckley

Peter Buckley License #01136724 Listed on: 02/17/2022

Co-Listed By

Jack Buckley

Peter Buckley License #01995775

Last Buyer's Agent

Courtney Cameron

Real Broker License #01766250

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • 1931

Lot Details

  • 7,013 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • Alley Access

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 447-311-23-00

Community Details

Overview

  • 4 Units
  • Swift Rental Community

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Multi-Family

Year Built

1931

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Orange
  • Neighborhood: Cherokee Hills
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1931

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Swift Rental
  • Pets Allowed: Allowed w/Restrictions
  • Community: EAST SAN DIEGO
  • Manager Name: Pete Buckley
  • Manager Phone: 8582457190

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-3:RESTRI
  • Assessor Parcel Number: 447-311-23-00
  • Estimated Lot Sq Ft: 7013

Rental Info

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

Multi Family

  • No. of Units: 4
  • Gross Sched Income Actual: 80000
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 4
  • 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
07/08/2022 07/08/22 Rented $2,950 0.0% --
07/05/2022 07/05/22 Price Changed $2,950 -7.7% $3 / Sq Ft
06/29/2022 06/29/22 For Rent $3,195 0.0% --
03/21/2022 03/21/22 Sold $1,800,000 -0.6% $600 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $1,810,000 +39.8% $603 / Sq Ft
08/31/2018 08/31/18 Sold $1,295,000 -4.0% $394 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
07/26/2018 07/26/18 Price Changed $1,349,000 -3.3% $411 / Sq Ft
05/29/2018 05/29/18 For Sale $1,395,000 -- $425 / 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: 220003538

San Diego MLS

APN: 447-311-23-00