NOT LISTED FOR SALE
5 Beds
3 Baths
2,700 Sq Ft
6,415 Sq Ft Lot

Last Sold December 11, 2017

Last sale price $869,000 $322 Per Sq Ft

9 Days on Market

Highlights

  • 1-Story Property
  • Level Lot
  • Gravity Heating System
  • Property is Fully Fenced
  • Wood Siding

About This Home

As of December 2017

BOM at no fault to property!!! 3 detached units in the heart of Normal Heights close to Adams Ave. Easy to rent! Recently renovated, all tenant occupied. Front unit has forced heating & cooling, new paint inside & out, refinished hardwood floors, new kitchen cabinets & counter tops. #2 has new roof, new 200 amp electrical panel, new plumbing, new kitchen cabinets & counter tops, new bathtub, new paint. #3 has new electrical, plumbing & paint. Room for improvements + increased rents!

Last Agent to Sell the Property

Dane McCleary

Dane McCleary License #01911041 Listed on: 11/03/2017

Last Buyer's Agent

Thomas McCartin

Marcus & Millichap License #01427348

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • 6,415 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Separate Water Meter
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for water
  • Assessor Parcel Number 440-570-10-00

Community Details

Overview

  • 3 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $53,800

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Adams Ave
  • Neighborhood: Normal Heights
  • LP / Sq Ft: 14.78
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air
  • Water: Meter on Property
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: NORMAL HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access
  • Topography: Level
  • Zoning: R-3:RESTRI
  • Assessor Parcel Number: 440-570-10-00
  • Land Use Code: R3
  • Estimated Lot Sq Ft: 6415

Rental Info

  • Tenant Pays: Water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 53800
  • Annual Expense Actual: 5000
  • Annual Expense Projected: 5000
  • Gross Rent Multiplier Actual: 14.86
  • Gross Rent Multiplier Projected: 13.61
  • Gross Sched Income Actual: 58800
  • Gross Sched Income Projected: 64200
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Range of Values:

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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
12/11/2017 12/11/17 Sold $869,000 -0.7% $322 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $874,900 0.0% $324 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $874,900 +17.3% $324 / Sq Ft
12/16/2015 12/16/15 Sold $746,000 -0.5% $276 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
10/30/2015 10/30/15 For Sale $750,000 -- $278 / 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: 170056985

San Diego MLS