NOT LISTED FOR SALE

4262-66 Chamoune Ave San Diego, CA 92115

Teralta East Neighborhood
5 Beds
5 Baths
2,732 Sq Ft
1958 Built

Last Sold June 13, 2019

Last sale price $810,750 $297 Per Sq Ft

22 Days on Market

About This Home

As of June 2019

The Chamoune Avenue Homes is a 4-unit residence in the high demand rental market of City Heights. The property consists of a large 1,368 square foot freestanding 3 bedroom/2 bath house, (Tax records show 2 bedroom/1 Bath) a studio apartment, two 1 bedroom/1 bath units, and a large 552 square foot double garage. The property is located in a Qualified Opportunity Zone which could potentially give a new investor additional tax benefits.

Last Agent to Sell the Property

Dylan Wright

MD Real Estate, Inc License #01411216 Listed on: 04/23/2019

Last Buyer's Agent

Dylan Wright

MD Real Estate, Inc License #01411216 Listed on: 04/23/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • 6,258 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, hot water
  • Assessor Parcel Number 471-251-08-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Net Operating Income $40,213

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: El Cajon Blvd
  • Neighborhood: City Heights
  • LP / Sq Ft: 15.29
  • Stories: 2 Story
  • Sale Price List Price: 0.95
  • Total Stories: 2
  • Year Built: 1958
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Roof: Composition

Condo/Co-op/Association

  • Community: CITY HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Additional Property Use: ORMKS
  • Assessor Parcel Number: 471-251-08-00
  • Estimated Lot Sq Ft: 6258

Rental Info

  • Tenant Pays: Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 40213
  • Annual Expense Actual: 18569
  • Annual Expense Projected: 18569
  • Gross Rent Multiplier Actual: 14.03
  • Gross Rent Multiplier Projected: 11.16
  • Gross Sched Income Actual: 60600
  • Gross Sched Income Projected: 76140
  • Number Of Buildings: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Projected: 300.0

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
06/13/2019 06/13/19 Sold $810,750 -4.6% $297 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $850,000 -- $311 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dylan Wright

    Seller's Agent in 2019

    Dylan Wright

    MD Real Estate, Inc

    (858) 692-4434

    35 Total Sales

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Map

Source: San Diego MLS

MLS Number: 190021733

San Diego MLS

California San Diego County San Diego 92115 Teralta East

4262-66 Chamoune Ave, San Diego, CA

This home is located at 4262-66 Chamoune Ave, San Diego, CA 92115 since 23 April 2019. This property was built in 1958. 4262-66 Chamoune Ave is a home located in San Diego County with nearby schools including Euclid Elementary School, Clark Middle School, and Herbert Hoover High School.

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