NOT LISTED FOR SALE

4479 54th St San Diego, CA 92115

College West Neighborhood
6 Beds
4 Baths
2,256 Sq Ft
7,140 Sq Ft Lot

Last Sold November 20, 2017

Last sale price $935,000 $414 Per Sq Ft

13 Days on Market

About This Home

As of November 2017

Centrally located 4 unit property w/ ** 8 OFF STREET PARKING SPACES ** PLUS 2 CAR GARAGE - WOW!! On the western edge of the hip community of El Cerrito just N of El Cajon Blvd this bread & butter property screams upside potential! Upstairs 2BR unit has large terrace above garage & other units could easily have their own private yard spaces via fencing. Hardwood floors, original tile kitchen counters & vintage hall built-ins, these units have charm & character! Two 2BR/1BA & two 1BR/1BA units. Zoned RM-3-8 A quick exploration of the huge amount of redevelopment money being invested in the nearby San Diego State University campus and immediately adjacent area gives the savvy investor insight into the upside potential of this attractively valued property - under $1MM for 4 sweet units!! Water-friendly & low maintenance landscape, newer roof, many dual pane windows, gutters and newer main sewer line are just some of the budget friendly improvements that have already been made.

Last Agent to Sell the Property

Scot Gentry

Coldwell Banker West License #01444919 Listed on: 09/22/2017

Coldwell Banker West

Co-Listed By

Judy Preston

JP Equity Real Estate Corp. License #02205944

Last Buyer's Agent

Sean Broderick

Advantage Team Real Estate License #01415649

Property Details

Home Type

  • Multi-Family

Year Built

  • 1955

Lot Details

  • 7,140 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof

Interior Spaces

  • 2-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 4 Units
  • Net Operating Income $34,905

Listing and Financial Details

  • Assessor Parcel Number 446-660-19-00

Property Details

Home Type

Multi-Family

Year Built

1955

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: El Cajon
  • Neighborhood: El Cerrito
  • Supplement: A quick exploration of the huge amount of redevelopment money being invested in the nearby San Diego State University campus and immediately adjacent area gives the savvy investor insight into the upside potential of this attractively valued property - under $1MM for 4 sweet units!! Water-friendly & low maintenance landscape, newer roof, many dual pane windows, gutters and newer main sewer line are just some of the budget friendly improvements that have already been made.
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition, Rolled/Hot Mop

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: SAN DIEGO
  • Manager Name: self-managed

Schools

  • School District URL: https://www.sandiegounified.org/

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Zoning: RM-3-8
  • Assessor Parcel Number: 446-660-19-00
  • Land Use Code: R-4
  • Estimated Lot Sq Ft: 7140

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 34905
  • Annual Expense Actual: 18795
  • Gross Rent Multiplier Actual: 18.64
  • Gross Sched Income Actual: 53700
  • Number Of Buildings: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 3000

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
11/20/2017 11/20/17 Sold $935,000 -1.1% $414 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $945,000 -- $419 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Scot Gentry

    Seller's Agent in 2017

    Scot Gentry

    Coldwell Banker West

    (619) 857-0022

    1 in this area

    57 Total Sales

    Scot Gentry
    Section Image
  • Judy Preston

    Seller Co-Listing Agent in 2017

    Judy Preston

    JP Equity Real Estate Corp.

    (619) 685-7369

    27 Total Sales

    Judy Preston
    Section Image
  • Sean Broderick

    Buyer's Agent in 2017

    Sean Broderick

    Advantage Team Real Estate

    (619) 300-9405

    16 Total Sales

    Sean Broderick
    Section Image
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Map

Source: San Diego MLS

MLS Number: 170049688

San Diego MLS

APN: 466-660-19-00

California San Diego County San Diego 92115 College West

4479 54th St, San Diego, CA

This home is located at 4479 54th St, San Diego, CA 92115 since 22 September 2017. This property was built in 1955. 4479 54th St is a home located in San Diego County with nearby schools including Fay Elementary School, Mann Middle School, and Crawford High School.

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