NOT LISTED FOR SALE
4 Beds
3 Baths
1,988 Sq Ft
5,808 Sq Ft Lot

Last Sold December 14, 2023

Last sale price $1,100,000 $553 Per Sq Ft

79 Days on Market

Highlights

  • Gated Community
  • Zoned Cooling
  • Property is Fully Fenced

About This Home

As of December 2023

Now is your chance to own this income-generating property. This Triplex has 2 tenants in place located close to the freeway and shopping. The front unit has 2 bedrooms, 1-bathroom, nice kitchen, fenced private front yard with gated entrance and access to the back area with a storage unit, parking & Laundry area. The back duplex is 1 bedroom, 1 bathroom 2 story units. Each unit has a private patio, nice, updated kitchens with Quartz/granite countertops, new cabinets, newer vinyl flooring, high ceilings, and open floorplans. The laundry is located in the back of the front unit and shared by all 3 units, no trips to a laundry mat! There is storage for the duplex as well, located in the back area. Parking is available in front of the units, behind the gated access. The property was updated, and both have newer roofs as 2019, new plumbing, and new tankless water heaters as of 2019. 3 Pictures are digitally staged.

Last Agent to Sell the Property

Kay Bates

Re/Max Excellence License #01332568 Listed on: 09/03/2023

Re/Max Excellence

Last Buyer's Agent

Claudia Williams

Premier Agency R.E. Inc License #01829565

Premier Agency R.E. Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,808 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Zoned Cooling

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 447-553-20-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Breed Restrictions

Additional Features

  • Net Operating Income $53,265
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

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: North Park
  • Stories: 2 Story
  • Sale Price List Price: 0.92
  • Total Stories: 2
  • Year Built: 1959
  • 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: Full
  • Roof: Composition

Utilities

  • Cooling: Zoned Area(s)
  • Security: Gated Community

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: NORTH PARK

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 447-553-20-00
  • Estimated Lot Sq Ft: 5808

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 53265
  • Annual Expense Actual: 15135
  • Annual Expense Projected: 20000
  • Gross Rent Multiplier Actual: 17.5
  • Gross Rent Multiplier Projected: 14.7
  • Gross Sched Income Actual: 68400
  • Gross Sched Income Projected: 81600
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1

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
12/14/2023 12/14/23 Sold $1,100,000 -8.3% $553 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
09/03/2023 09/03/23 For Sale $1,200,000 +42.9% $604 / Sq Ft
02/07/2019 02/07/19 Sold $840,000 +1.2% $431 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $829,900 -- $426 / 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: 230017237

San Diego MLS

APN: 447-553-20-00