NOT LISTED FOR SALE
5 Beds
2 Baths
1,625 Sq Ft
5,000 Sq Ft Lot

Last Sold October 22, 2012

Last sale price $406,850 $250 Per Sq Ft

221 Days on Market

About This Home

As of October 2012

Wow! Not one, but two houses in Talmadge for under 400k! Great to live in the front house and rent out the back house....or rent both of them out and get positive cash flow! Both units have updated kitchens and bathrooms. Front house uses the two car garage. Shared laundry room outside of the garage. Automatic sprinklers. Clean property. Walk to bus lines and shopping.

Last Agent to Sell the Property

Fred Giovanetti

Dunn, REALTORS/Park Pacific License #01020820 Listed on: 02/07/2012

Last Buyer's Agent

Linda Pasas

Pasas Properties License #01148603

Property Details

Home Type

  • Multi-Family

Year Built

  • 1937

Lot Details

  • 5,000 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 471-132-11-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $12,000

Property Details

Home Type

Multi-Family

Year Built

1937

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: El Cajon Blvd
  • Neighborhood: Talmadge
  • Stories: 1 Story
  • Sale Price List Price: 1.02
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1937

Exterior Features

  • Fencing: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: TALMADGE

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 471-132-11-00
  • Land Use Code: mfam
  • Estimated Lot Sq Ft: 5000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 12000
  • Annual Expense Actual: 8000
  • Gross Rent Multiplier Actual: 13
  • Gross Sched Income Actual: 32100
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Range of Values:

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Average Value
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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
10/22/2012 10/22/12 Sold $406,850 -2.9% $250 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
02/06/2012 02/06/12 For Sale $419,000 -- $258 / 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: 120006939

San Diego MLS

APN: 471-132-11-00