$535,000
SOLD JAN 25, 2019
5 Beds
3 Baths
1,716 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$312 Per Sq Ft

2% Below List Price

Highlights

  • Solar Heating System
  • Gated Home
  • 4-minute walk to Mountain View Park
  • Baseboard Heating
  • 1-Story Property

About This Home

As of November 2019

Great Investment for investors or for the first time buyer investment! As a first time buyer with an FHA loan you can go with a 3.5% down! Located in an area that is been rehabilitating and is walking distance to shops, parks, schools and transportation. The rents in the area Never go down! only up!

Last Agent to Sell the Property

Miriam de la Mora

Southern California Realty License #01197258 Listed on: 01/15/2019

Last Buyer's Agent

Miriam de la Mora

Southern California Realty License #01197258 Listed on: 01/15/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 6,098 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • 1-Story Property
  • Solar Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 547-403-12-00

Community Details

Overview

  • Association fees include water
  • 3 Units

Building Details

  • Net Operating Income $39,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: 42nd
  • Neighborhood: Logan
  • LP / Sq Ft: 12.22
  • Stories: 1 Story
  • Sale Price List Price: 0.96
  • Total Stories: 1
  • Year Built: 1952
  • 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: Stucco
  • Fencing: Full, Gate
  • Roof: Composition

Utilities

  • Heat Equipment: Baseboard

Condo/Co-op/Association

  • Community: SAN DIEGO
  • Home Owner Association Fee Includes: Water
  • Manager Name: Owner

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R3
  • Assessor Parcel Number: 547-403-12-00
  • Estimated Number of Acres: 0.14

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 39400
  • Annual Expense Actual: 1400
  • Annual Expense Projected: 1400
  • Gross Rent Multiplier Actual: 10.0
  • Gross Rent Multiplier Projected: 12.0
  • Gross Sched Income Actual: 40800
  • Gross Sched Income Projected: 46800
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 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
11/18/2019 11/18/19 Sold $585,000 0.0% $341 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $585,000 +20.6% $341 / Sq Ft
07/24/2019 07/24/19 For Sale $485,000 -9.3% $283 / Sq Ft
01/25/2019 01/25/19 Sold $535,000 -1.8% $312 / Sq Ft
01/16/2019 01/16/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $545,000 -- $318 / 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: 190003019

San Diego MLS