NOT LISTED FOR SALE
5 Beds
3 Baths
2,350 Sq Ft
10,674 Sq Ft Lot

Last Sold August 13, 2019

Last sale price $800,000 $340 Per Sq Ft

50 Days on Market

Highlights

  • Corner Lot
  • Property is Fully Fenced
  • 1-Story Property
  • Attic Fan

About This Home

As of August 2019

Back On Market - No Fault of Property - Buyers 1031 Down-leg fell out of escrow. Two Private Homes - One large Corner Lot. Both homes separately metered for WATER and SDGE. One home is 3Bed/2bath with private yard, and large covered patio area. The other home is a 2Bed/1bath with a very large 2 car garage. Original 1 car garage currently used as storage and a laundry room for the tenants. This structure possibly could be converted into an ADU.

Last Agent to Sell the Property

Jeff Diller

South Coast Commercial, Inc. License #01959483 Listed on: 05/24/2019

Co-Listed By

Nick Azoff

Starker West, Inc. License #02035396

Last Buyer's Agent

Andrew Greer

Real Broker License #01935052

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 10,674 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Attic Fan
  • Window Bars

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity
  • Assessor Parcel Number 472-113-16-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $41,246

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: 60th and Vale
  • Neighborhood: Glenridge
  • LP / Sq Ft: 16.65
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1940
  • 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: Full
  • Roof: Composition

Utilities

  • Cooling: Attic Fan, Central Forced Air
  • Security: Security Bars
  • Sewer/Septic: Sewer Connected
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: COLLEGE GROVE

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Corner Lot
  • Assessor Parcel Number: 472-113-16-00
  • Estimated Lot Sq Ft: 10674

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 41246
  • Annual Expense Actual: 12808
  • Gross Rent Multiplier Actual: 15.0
  • Gross Rent Multiplier Projected: 12.9
  • Gross Sched Income Actual: 55440
  • Gross Sched Income Projected: 62400
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

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
08/13/2019 08/13/19 Sold $800,000 -3.5% $340 / Sq Ft
07/14/2019 07/14/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $829,000 0.0% $353 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/07/2019 06/07/19 Price Changed $829,000 -2.4% $353 / Sq Ft
05/29/2019 05/29/19 Price Changed $849,000 -1.3% $361 / Sq Ft
05/24/2019 05/24/19 For Sale $860,000 +22.9% $366 / Sq Ft
06/15/2018 06/15/18 Sold $700,000 -4.0% $301 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/15/2018 05/15/18 Price Changed $729,000 -2.7% $314 / Sq Ft
04/10/2018 04/10/18 For Sale $749,000 -- $323 / 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: 190028554

San Diego MLS

APN: 472-113-16-00