NOT LISTED FOR SALE
4 Beds
4 Baths
-- Sq Ft
1939 Built

Last Sold October 06, 2020

Last sale price $930,000

16 Days on Market

Highlights

  • RV Garage
  • Lewis Middle School Rated A-
  • 1-Story Property

About This Home

As of October 2020

Four detached cottage homes mean more privacy. They command a premium from tenants. Each unit has its own attached garage. Attached garages provide the opportunity to create a fifth rent check because of density bonus law. Concrete driveways imply lower maintenance cost. Nearby to schools, shopping, restaurants and convenient to major freeways. The same seller has the adjacent six unit property at 4339-43 46th St. for sale- MLS#200039170

Last Agent to Sell the Property

Terry Moore

ACI Apartments License #00918512 Listed on: 08/14/2020

Last Buyer's Agent

Eric Brazelton

Eric Brazelton, Broker License #01927403

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Parking

  • RV Garage

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • 7,507 Sq Ft Lot
  • Gravity Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 471-170-01-00

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • N/K Community

Building Details

  • Net Operating Income $38,495

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Norwood St & El Cajon Blvd.
  • Neighborhood: Normal Heights
  • LP / Sq Ft: 21.76
  • Stories: 1 Story
  • Sale Price List Price: 1.06
  • Total Stories: 1
  • Year Built: 1939
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Roof: Composition

Garage/Parking

  • Parking for RV: Garage, On-Site Parking

Utilities

  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: N/K
  • Community: NORMAL HEIGHTS

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 471-170-01-00
  • Estimated Lot Sq Ft: 7507

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 38495
  • Annual Expense Actual: 20464
  • Annual Expense Projected: 20464
  • Gross Rent Multiplier Actual: 14.3
  • Gross Rent Multiplier Projected: 13.9
  • Gross Sched Income Actual: 61416
  • Gross Sched Income Projected: 63396
  • Number Of Buildings: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 1416
  • Other Income Projected: 1416.0

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 Change Sq Ft Price
10/06/2020 10/06/20 Sold $930,000 +5.8% --
08/31/2020 08/31/20 Pending -- -- --
08/17/2020 08/17/20 Price Changed $879,000 +2.3% --
08/14/2020 08/14/20 For Sale $859,000 -- --
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: 200039191

San Diego MLS