NOT LISTED FOR SALE
3 Beds
3 Baths
-- Sq Ft
1926 Built

Last Sold August 05, 2019

Last sale price $805,000

27 Days on Market

Highlights

  • Park or Greenbelt View
  • Tankless Water Heater
  • Gentle Sloping Lot
  • Birney Elementary School Rated A
  • Property is Fully Fenced

About This Home

As of August 2019

Priced to sell! 2 detached homes!! 2/1 and 1+/1.5 in back. Homes are elevated to enjoy treetop, scenic city views and ocean breezes! A rare find in this wonderful neighborhood! Fantastic location in the hip University Heights /North Park area filled with great restaurants, craft breweries & parks. Two detached homes for less than the cost of 2 condos and no HOA's ! Enjoy 2 homes by using the rental income to qualify for your purchase. Enjoy one and rent the other! Why pay rent when you don't have to?

Last Agent to Sell the Property

Christamaria Ormsby

Hacienda Realty License #01414321 Listed on: 06/12/2019

Last Buyer's Agent

Jonathan Parker

Compass License #02027786

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • Property is Fully Fenced
  • Gentle Sloping Lot

Parking

  • Alley Access

Home Design

  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Park or Greenbelt Views

Utilities

  • Gravity Heating System
  • Separate Water Meter
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 445-162-13-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Madison
  • Neighborhood: North Park
  • Stories: 2 Story
  • Sale Price List Price: 1.01
  • Total Stories: 2
  • Year Built: 1926
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • View: Parklike

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: UNIVERSITY HEIGHTS

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Alley Access, Public Street, Street Paved
  • Topography: Slope Gentle
  • Assessor Parcel Number: 445-162-13-00

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 50000
  • Annual Expense Actual: 2000
  • Gross Rent Multiplier Actual: 39.0
  • Gross Rent Multiplier Projected: 17.0
  • Gross Sched Income Actual: 21540
  • Gross Sched Income Projected: 51540
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 1
  • 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
08/05/2019 08/05/19 Sold $805,000 +1.3% --
07/10/2019 07/10/19 Pending -- -- --
06/27/2019 06/27/19 Price Changed $795,000 -6.5% --
06/23/2019 06/23/19 Price Changed $849,995 0.0% --
06/12/2019 06/12/19 For Sale $850,000 -- --
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: 190032209

San Diego MLS