NOT LISTED FOR SALE

4251-53 Pepper Dr San Diego, CA 92105

Azalea-Hollywood Park Neighborhood
4 Beds
2 Baths
1,392 Sq Ft
1940 Built

Last Sold March 16, 2022

Last sale price $876,440 $630 Per Sq Ft

9 Days on Market

About This Home

As of March 2022

The 4251-53 Pepper Drive Cottages are located just east of Interstate 15 in the City Heights neighborhood of San Diego. This 2-Unit Multifamily Property is comprised of two separate structures on a 5,050 SF lot. Additionally, a 1,932 SF ‘Bonus Parcel’ (APN: 476- 373-12) will convey with the sale for a total lot size of 6,982 SF. The Bonus Parcel is accessible via alleyway. The Front House is a 2Bd/1Ba unit w/ private yard & the Rear House is a 2Bd/1Ba unit w/ private yard and detached garage. This Property offers a solid base for an investor to stabilize the existing units and explore the development potential of the bonus lot behind. Shown with accepted offer. Do Not Disturb Tenants.

Last Agent to Sell the Property

Tyler Hadzicki

Coldwell Banker Realty License #02080349 Listed on: 01/19/2022

Coldwell Banker Realty

Last Buyer's Agent

Adam Cairo

Starker West, Inc. License #01948040

Property Details

Home Type

  • Multi-Family

Year Built

  • 1940

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Assessor Parcel Number 476-373-02-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $29,744

Property Details

Home Type

Multi-Family

Year Built

1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Quince St
  • Neighborhood: City Heights
  • Stories: 1 Story
  • Sale Price List Price: 1.03
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 476-373-02-00

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 29744
  • Annual Expense Actual: 14488
  • Gross Rent Multiplier Actual: 18.6
  • Gross Sched Income Actual: 45600
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

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 List to Sale Price per Sq Ft
03/16/2022 03/16/22 Sold $876,440 -5.8% $630 / Sq Ft
02/07/2022 02/07/22 Price Changed $930,000 +9.5% $668 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $849,000 -- $610 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tyler Hadzicki

    Seller's Agent in 2022

    Tyler Hadzicki

    Coldwell Banker Realty

    (619) 992-5836

    1 in this area

    15 Total Sales

    Tyler Hadzicki
    Section Image
  • Adam Cairo

    Buyer's Agent in 2022

    Adam Cairo

    Starker West, Inc.

    (619) 300-0173

    1 in this area

    39 Total Sales

    Adam Cairo
    Section Image
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Map

Source: San Diego MLS

MLS Number: 220001173

San Diego MLS
California San Diego County San Diego 92105 Azalea-Hollywood Park

4251-53 Pepper Dr, San Diego, CA

This home is located at 4251-53 Pepper Dr, San Diego, CA 92105 since 19 January 2022. This property was built in 1940. 4251-53 Pepper Dr is a home located in San Diego County with nearby schools including Hamilton Elementary School, Clark Middle School, and Herbert Hoover High School.

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