NOT LISTED FOR SALE
6 Beds
5 Baths
1,685 Sq Ft
1930 Built

Last Sold May 05, 2021

Last sale price $1,775,000 $1,053 Per Sq Ft

29 Days on Market

Highlights

  • Partially Fenced Property
  • Birney Elementary School Rated A
  • 1-Story Property

About This Home

As of May 2021

Add this beauty to your passive income portfolio, 4 income producing units in the Heart of University Heights! The front home is a Vintage Style 3 bed 2 bath well maintained home... PERFECT FOR AN OWNER OCCUPANT, plus (3) 1 bed 1 bath apartments, common area laundry for the rentals, minimal deferred maintenance, nicely landscaped, 50x140 (7,000 square foot lot), 4 garages with alley access and plenty of additional 'off street' parking. Adjacent to Trolly Barn Park, Mission Hills/Hillcrest, Little Italy/Downtown, the commerce of Park Boulevard, Balboa Park/Morley Field, THE BOULEVARD, The Airport, minutes to the Beach & Bay/Point Loma/Coronado...

Last Agent to Sell the Property

Joe Carta

Joe Carta Realty License #00744190 Listed on: 03/01/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,017 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 445-190-25-00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • University Heights Community

Building Details

  • Net Operating Income $61,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Monroe Ave
  • Neighborhood: University Heights
  • Stories: 1 Story
  • Sale Price List Price: 0.89
  • Total Stories: 1
  • Year Built: 1930
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Complex Name: University Heights
  • Community: UNIVERSITY HEIGHTS
  • Manager Name: Joe Carta
  • Manager Phone: 619-227-0949

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 445-190-25-00
  • Estimated Lot Sq Ft: 7017

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 61000
  • Gross Rent Multiplier Actual: 23.0
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Garage: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 2400

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 List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $1,775,000 0.0% $1,053 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/26/2021 03/26/21 Off Market $1,775,000 -- --
03/01/2021 03/01/21 For Sale $1,995,000 -- $1,184 / 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: 210005304

San Diego MLS