NOT LISTED FOR SALE

4368-72 Swift Ave San Diego, CA 92104

Normal Heights Neighborhood
7 Beds
4 Baths
2,700 Sq Ft
1925 Built

Last Sold August 10, 2022

Last sale price $1,800,000 $667 Per Sq Ft

20 Days on Market

About This Home

As of August 2022

Completely turnkey and fully renovated three unit property in a great neighborhood with significant upside! The front house has a brand new roof and electrical system, and the roof and electrical in the back units have been repaired as needed. The current owner already has plans to convert the garages into ADUs, and the city is already in review! Please refer to the documents section for the full set of plans! This property consists of a 3 bedroom 2 bath house in the front with two 2 bed/1 bath units in the back with two 2 car garages on the first floor. This property is a 4.4% Cap day one and has room to increase the value with construction. A great opportunity for a first time investor.

Last Agent to Sell the Property

Jason Lee

Nara Advisors, Inc. License #02068011 Listed on: 06/29/2022

Last Buyer's Agent

Samantha O'Brien

eXp Realty of Southern California, Inc. License #02057804

eXp Realty of Southern California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 447-161-22-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Ward Canyon Neighborhood Park Community

Building Details

  • Net Operating Income $76,776

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Meade and 35th
  • Neighborhood: Normal Heights
  • Stories: 2 Story
  • Sale Price List Price: 1.03
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Exterior Features

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

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Complex Name: Ward Canyon Neighborhood Park
  • Community: NORMAL HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 447-161-22-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 76776
  • Annual Expense Actual: 32904
  • Gross Rent Multiplier Actual: 15.95
  • Gross Sched Income Actual: 109680
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Fireplaces: 3
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

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
08/10/2022 08/10/22 Sold $1,800,000 +2.9% $667 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $1,750,000 0.0% $648 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $1,750,000 -- $648 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jason Lee

    Seller's Agent in 2022

    Jason Lee

    Nara Advisors, Inc.

    (858) 343-4655

    8 in this area

    122 Total Sales

    Jason Lee
    Section Image
  • Samantha O'Brien

    Buyer's Agent in 2022

    Samantha O'Brien

    eXp Realty of Southern California, Inc.

    (760) 284-5556

    3 in this area

    151 Total Sales

    Samantha O'Brien
    Section Image
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Map

Source: San Diego MLS

MLS Number: 220016579

San Diego MLS

California San Diego County San Diego 92104 Normal Heights

4368-72 Swift Ave, San Diego, CA

This home is located at 4368-72 Swift Ave, San Diego, CA 92104 since 29 June 2022. This property was built in 1925. 4368-72 Swift Ave is a home located in San Diego County with nearby schools including John Adams Elementary School, Wilson Middle School, and Herbert Hoover High School.

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