NOT LISTED FOR SALE
7 Beds
3 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold May 08, 2019

Last sale price $1,050,000

About This Home

As of May 2019

We are pleased to present this phenomenal investment opportunity in the prime time neighborhood of North Park in Central San Diego. A stable asset that has huge upside in rents, and is also a rare development opportunity. Zoned RM-3-8!!

Last Agent to Sell the Property

Jason Lee

Nara Advisors, Inc. License #02068011 Listed on: 05/10/2019

Last Buyer's Agent

Jeremiah Taylor

South Coast Commercial, Inc. License #02014891

South Coast Commercial, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,970

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Assessor Parcel Number 446-121-19-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $37,716

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Meade Ave
  • Neighborhood: North Park
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1940
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Condo/Co-op/Association

  • Community: NORTH PARK

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 446-121-19-00

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 37716
  • Annual Expense Actual: 16000
  • Gross Rent Multiplier Actual: 19.0
  • Gross Sched Income Actual: 53880
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 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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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
05/10/2019 05/10/19 For Sale $1,050,000 0.0% --
05/08/2019 05/08/19 Sold $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: 190025532

San Diego MLS

APN: 446-121-19-00