NOT LISTED FOR SALE

4504-12 Louisiana St San Diego, CA 92116

University Heights Neighborhood
3 Beds
3 Baths
1,522 Sq Ft
1923 Built

Last Sold May 24, 2018

Last sale price $852,000 $560 Per Sq Ft

5 Days on Market

Highlights

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

About This Home

As of May 2018

University Heights Triplex on the corner of Louisiana and Monroe. All 1BR/1BA units. 2 cottages on each side, and 1 unit located above storage units. Each unit has their own private large storage unit. Individual water heaters for each unit. Each unit has their own newer individual HVAC mini-split units. Unit 4504 has their own W/D laundry room. Unit 4508 & 12 share a W/D located in a separate laundry room. Plenty of parking. With a little TLC this building has plenty of upside in rents and value.

Last Agent to Sell the Property

Kathy Christmas

Gem Real Estate License #01348717 Listed on: 04/18/2018

Last Buyer's Agent

Joseph Siemienowski

Siemienowski & Associates License #00831832

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,882 Sq Ft Lot
  • Partially Fenced Property
  • Sprinklers on Timer

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 445-152-16-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 3 Units
  • Net Operating Income $28,570

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

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: 1.07
  • Total Stories: 1
  • Year Built: 1923
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 2
  • Prkng Non Garage Spac U3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Wood
  • Fencing: Partial
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: UNIVERSITY HEIGHTS
  • Manager Name: Self Managed

Lot Info

  • Irrigation: Automatic
  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 445-152-16-00
  • Estimated Lot Sq Ft: 4882

Rental Info

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

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 28570
  • Annual Expense Actual: 20375
  • Gross Rent Multiplier Actual: 16.0
  • Gross Rent Multiplier Projected: 14.0
  • Gross Sched Income Actual: 49680
  • Gross Sched Income Projected: 56700
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 2

Range of Values:

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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
05/24/2018 05/24/18 Sold $852,000 +6.6% $560 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $799,000 -- $525 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kathy Christmas

    Seller's Agent in 2018

    Kathy Christmas

    Gem Real Estate

    (858) 922-9599

    1 in this area

    55 Total Sales

    Section Image
  • Joseph Siemienowski

    Buyer's Agent in 2018

    Joseph Siemienowski

    Siemienowski & Associates

    (858) 205-1031

    1 in this area

    33 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 180020120

San Diego MLS

California San Diego County San Diego 92116 University Heights

4504-12 Louisiana St, San Diego, CA

This home is located at 4504-12 Louisiana St, San Diego, CA 92116 since 18 April 2018. This property was built in 1923. 4504-12 Louisiana St is a home located in San Diego County with nearby schools including Birney Elementary School, Roosevelt International Middle School, and Kindred Montessori.

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