NOT LISTED FOR SALE

4515 35th Place San Diego, CA 92116

Normal Heights Neighborhood
8 Beds
4 Baths
2,400 Sq Ft
5,227 Sq Ft Lot

Last Sold October 01, 2019

Last sale price $1,169,000 $487 Per Sq Ft

About This Home

As of October 2019

4515 35th Place offers an investor the opportunity to create major value via minor cosmetic modifications and increasing rents to market rates. The property consists of three buildings of which 2 of the buildings each contain two 2br/1ba apartments with private patios and one building that contains 2 single car garages (that generate no income). The garages also contain laundry facilities that do not generate any income. MUST SEE! GREAT LOCATION / GREAT OPPORTUNITY

Last Agent to Sell the Property

Josh Browar

The Browar Group License #01824454 Listed on: 09/11/2019

Last Buyer's Agent

Mike Shenkman

Keller Williams La Jolla License #01460198

Keller Williams La Jolla

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 5,227

Utilities

  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 447-030-23-00

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Net Operating Income $37,719

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Monroe Ave
  • Neighborhood: Normal Heights
  • LP / Sq Ft: 18.06
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1946
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Water: Meter on Property
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Complex Name: yes
  • Community: NORMAL HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 447-030-23-00

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 37719
  • Annual Expense Actual: 21820
  • Annual Expense Projected: 21820
  • Gross Rent Multiplier Actual: 19.0
  • Gross Rent Multiplier Projected: 13.1
  • Gross Sched Income Actual: 61380
  • Gross Sched Income Projected: 89220
  • Number Of Buildings: 3
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Projected: 6000.0

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
10/01/2019 10/01/19 Sold $1,169,000 0.0% $487 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $1,169,000 -- $487 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Josh Browar

    Seller's Agent in 2019

    Josh Browar

    The Browar Group

    (858) 414-4398

    4 in this area

    52 Total Sales

    Section Image
  • Mike Shenkman

    Buyer's Agent in 2019

    Mike Shenkman

    Keller Williams La Jolla

    (619) 250-3931

    1 in this area

    50 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 190050552

San Diego MLS

APN: 447-030-23-00

California San Diego County San Diego 92116 Normal Heights

4515 35th Place, San Diego, CA

This home is located at 4515 35th Place, San Diego, CA 92116 since 11 September 2019. This property was built in 1946. 4515 35th Place is a home located in San Diego County with nearby schools including John Adams Elementary School, Wilson Middle School, and Herbert Hoover High School.

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