NOT LISTED FOR SALE
7 Beds
3 Baths
2,550 Sq Ft
6,251 Sq Ft Lot

Last Sold January 27, 2014

Last sale price $682,000 $267 Per Sq Ft

89 Days on Market

Highlights

  • Laundry Facilities
  • Partially Fenced Property
  • Level Lot

About This Home

As of January 2014

This wonderful Normal Heights investment property offers an opportunity to live in one and rent out the other two, rent the entire property. The front home is a 3 bedroom, 1 full bath, with wall heating, hardwood floors, original tiling in the kitchen and bath, recessed ceiling, etc. The back building offers an upper and a lower rental which are 2BD/1BA, large living rooms and huge kitchens. Seller to entertain offers $675k to $725k. Need a quick sale! Will be part of 1031 Exchange! The buyers are to verify all information provided prior to close of escrow. The property will be part of a 1031 exchange at no cost to the buyer(s). Sellers to select services.

Last Agent to Sell the Property

Greg Fox

Keller Williams Realty License #01164187 Listed on: 08/31/2013

Keller Williams Realty

Last Buyer's Agent

Brad Nielsen

Xcel Real Estate License #01485967

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 6,251 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Home Design

  • Composition Roof
  • Stucco Exterior

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 447-543-29-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Net Operating Income $29,500

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Monroe Ave
  • Neighborhood: San Diego
  • Supplement: The buyers are to verify all information provided prior to close of escrow. The property will be part of a 1031 exchange at no cost to the buyer(s). Sellers to select services.
  • Sale Price List Price: 0.94
  • Year Built: 2000
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Prkng Non Garage Spac U1: 2
  • School District Old: San Diego Unified
  • Walk Score Desc: Very Walkable
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: NORMAL HEIGHTS
  • Complex Features: Laundry Facilities

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 7,500-10,889 SF
  • Site: Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 447-543-29-00
  • Land Use Code: 2-4
  • Estimated Lot Sq Ft: 6251
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: F
  • Map Code Page: 1269
  • Map Code Row: 4

Rental Info

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

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 29500
  • Annual Expense Actual: 900
  • Gross Rent Multiplier Actual: 21.39
  • Gross Rent Multiplier Projected: 14.74
  • Gross Sched Income Actual: 33900
  • Gross Sched Income Projected: 49200
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 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: 1

Tax Info

  • Assessor Parcel Number: 447034th92116

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
01/27/2014 01/27/14 Sold $682,000 -5.9% $267 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
08/30/2013 08/30/13 For Sale $725,000 -- $284 / 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: 130046790

San Diego MLS

APN: 447-543-29-00