NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
0.25 Acres

Last Sold March 23, 2016

Last sale price $655,000

27 Days on Market

About This Home

As of March 2016

425-45 Toyne St consists of four 2bed/1ba units split between two seperate structures on a double-lot just South of Market St. The units have been well maintained and the new owner will enjoy immediate upside with conservative rent increases as most of the tenants are long-term residents. Each unit has off-street parking and private yards. The subject property is nestled between residential homes on a quiet street just minutes from Downtown San Diego, South of Market St, West of the 805.

Last Listed By

Cameron Ebrahimi

South Coast Commercial, Inc. License #01820290 Listed on: 01/12/2016

South Coast Commercial, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 547-102-18-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Breed Restrictions

Building Details

  • Net Operating Income $33,411

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Market St
  • Neighborhood: San Diego
  • LP / Sq Ft: 16.59
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1962
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: SAN DIEGO

Lot Info

  • Lot Size: .25 to .5 AC
  • Zoning: R2
  • Assessor Parcel Number: 547-102-18-00
  • Land Use Code: R
  • Estimated Lot Sq Ft: 11796
  • Estimated Number of Acres: 0.25
  • Map Code Column: 3
  • Map Code Page: 1289
  • Map Code Row: h

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 33411
  • Annual Expense Actual: 15477
  • Annual Expense Projected: 15477
  • Gross Rent Multiplier Actual: 13.5
  • Gross Rent Multiplier Projected: 11.8
  • Gross Sched Income Actual: 50400
  • Gross Sched Income Projected: 57600
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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Average Value
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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
03/23/2016 03/23/16 Sold $655,000 -3.7% --
02/08/2016 02/08/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $680,000 -- --
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: 160001968

San Diego MLS

APN: 547-102-18-00