$1,050,000
SOLD JAN 21, 2025
6 Beds
4 Baths
-- Sq Ft
2000 Built

Recently Sold

14 Days on Market

Highlights

  • Partially Fenced Property
  • 1-Story Property
  • 2-minute walk to Officer Jeremy Henwood Memorial Park

About This Home

As of January 2025

Doug Taber, CCIM is pleased to present the exclusive opportunity to acquire this unique rental property in City Heights, San Diego, featuring a 3-bed, 1-bath single-family home plus a triplex with three 1-bed, 1-bath units. Situated on a 3,722 corner lot, this property offers a private yard for the front house and (2) enclosed garage spaces for the triplex. The owner recently installed a new wood fence around the home adding additional privacy & security. Ideally located just steps from the City Heights Recreation Center, this property offers tenants easy access to pickleball courts, tennis courts, a playground, gym, and pool, enhancing its appeal for a variety of renters. The property’s excellent location and unit mix create a fantastic opportunity for investors to add value or for an owner-occupant to live in the spacious single-family home while generating rental income from the triplex. This setup provides an ideal balance of personal residence and investment potential in a thriving community.

Last Agent to Sell the Property

Doug Taber

Keller Williams Realty License #01920184 Listed on: 11/21/2024

Keller Williams Realty

Last Buyer's Agent

Simon Oliveri

California Fine Properties License #01918244

California Fine Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 4717320100

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • City Heights Community

Building Details

  • Net Operating Income $38,155

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Landis & 43rd
  • Neighborhood: City Heights
  • LP / Sq Ft: 14.23
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 2000
  • 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: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: City Heights
  • Community: CITY HEIGHTS

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 4717320100

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 38155
  • Annual Expense Actual: 21565
  • Annual Expense Projected: 21565
  • Gross Rent Multiplier Actual: 16.9
  • Gross Rent Multiplier Projected: 10.6
  • Gross Sched Income Actual: 62208
  • Gross Sched Income Projected: 96900
  • Number Of Buildings: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 3
  • Other Income Projected: 2400.0

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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
01/21/2025 01/21/25 Sold $1,050,000 0.0% --
12/06/2024 12/06/24 Pending -- -- --
11/26/2024 11/26/24 Off Market $1,050,000 -- --
11/21/2024 11/21/24 For Sale $1,050,000 -- --
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: 240027290

San Diego MLS