NOT LISTED FOR SALE

4435-39 Felton St San Diego, CA 92116

Normal Heights Neighborhood
6 Beds
4 Baths
2,682 Sq Ft
1957 Built

Last Sold July 16, 2021

Last sale price $1,311,000 $489 Per Sq Ft

6 Days on Market

Highlights

  • Fireplace
  • Partially Fenced Property
  • Level Lot

About This Home

As of July 2021

Meticulously maintained triplex in the heart of Normal Heights! Owner lived in front house for nearly all years of ownership and was diligent with on-going maintenance and upgrades throughout. Highly sought-after unit mix with tremendous long-term value and cash flow as an owner-occupied investment or long-term rental (front house: 2bed/1.5 bath – 1,048 sq ft, back units: 2bed/1bath – 817 sq. ft.). Front house square footage does not include enclosed patio & half bath). Improvements include front house foundation post & piers replaced, TEX-cote exterior painting (lifetime warranty), FULLY PAID OFF Solar installed ’19, new roof installed on front house + garage in ‘15, installed cement/steal staircase in rear, newly poured concrete driveway in ‘20, artificial turf in front for easy maintenance, newer fences, and more (refer to list of improvements)!! HUGE long-term savings on repairs and maintenance = more net $$$ for you! Don’t miss out on this amazing opportunity to own this bread-and-butter investment property! ...Front house square footage does not include enclosed patio & half bath). Improvements include front house foundation post & piers replaced, TEX-cote exterior painting (lifetime warranty), FULLY PAID OFF Solar installed ’19, new roof installed on front house + garage in ‘15, installed cement/steal staircase in rear, newly poured concrete driveway in ‘20, artificial turf in front for easy maintenance, newer fences, and more (refer to list of improvements)!! HUGE long-term savings on repairs and maintenance = more net $$$ for you! Don’t miss out on this amazing opportunity to own this bread-and-butter investment property!

Last Agent to Sell the Property

Nick Emerson

Keller Williams La Jolla License #01897169 Listed on: 06/11/2021

Keller Williams La Jolla

Last Buyer's Agent

Nick Emerson

Keller Williams La Jolla License #01897169 Listed on: 06/11/2021

Keller Williams La Jolla

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,486 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Adobe

Interior Spaces

  • 2-Story Property
  • Fireplace

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for gas/propane
  • Assessor Parcel Number 447-543-09-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $56,728

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Meade Avenue & Monroe Avenue
  • Neighborhood: Normal Heights
  • Supplement: ...Front house square footage does not include enclosed patio & half bath). Improvements include front house foundation post & piers replaced, TEX-cote exterior painting (lifetime warranty), FULLY PAID OFF Solar installed ’19, new roof installed on front house + garage in ‘15, installed cement/steal staircase in rear, newly poured concrete driveway in ‘20, artificial turf in front for easy maintenance, newer fences, and more (refer to list of improvements)!! HUGE long-term savings on repairs and maintenance = more net $$$ for you! Don’t miss out on this amazing opportunity to own this bread-and-butter investment property!
  • Stories: 2 Story
  • Sale Price List Price: 1.05
  • Total Stories: 2
  • Year Built: 1957
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Water: Meter on Property
  • Heat Equipment: Fireplace, Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: NORMAL HEIGHTS
  • Manager Name: Mr. Manager
  • Manager Phone: 619-736-5845

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Public Street
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 447-543-09-00
  • Land Use Code: RS17
  • Estimated Lot Sq Ft: 6486
  • Water District URL: http://www.ci.san-diego.ca.us/water

Rental Info

  • Tenant Pays: Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 56728
  • Annual Expense Actual: 17012
  • Gross Rent Multiplier Actual: 16.93
  • Gross Rent Multiplier Projected: 15.54
  • Gross Sched Income Actual: 73740
  • Gross Sched Income Projected: 80340
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

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
07/16/2021 07/16/21 Sold $1,311,000 +5.0% $489 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $1,248,800 -- $466 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nick Emerson

    Seller's Agent in 2021

    Nick Emerson

    Keller Williams La Jolla

    (858) 692-1805

    2 in this area

    108 Total Sales

    Nick Emerson
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Map

Source: San Diego MLS

MLS Number: 210016205

San Diego MLS

California San Diego County San Diego 92116 Normal Heights

4435-39 Felton St, San Diego, CA

This home is located at 4435-39 Felton St, San Diego, CA 92116 since 11 June 2021. This property was built in 1957. 4435-39 Felton St 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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