$1,853,000
SOLD JUN 11, 2025
2 Beds
1 Bath
3,200 Sq Ft
6,049 Sq Ft Lot

Recently Sold

$579 Per Sq Ft

2% Below List Price

14 Days on Market

Highlights

  • Golf Course Community
  • Private Yard
  • Park
  • Property is near a park
  • No HOA
  • Drip System Landscaping

About This Home

As of June 2025

PRICE REDUCED! Please do not walk property or disturb tenants. Extremely well-maintained, pride of ownership 4plex in desirable Normal Heights, 2-blocks South of Adams Ave. 6,049 SF lot with room to build 1 or more ADUs. (5) off-street parking spaces. Built 1940s, approx. 3,200 bldg. SF, (4) 2-bed/1-bath units ~800 SF each. Upper units feature private balconies. Lower units have private patios. Passed SB-721 balcony inspection. Extensively remodeled 1999/2005, including updates to plumbing, electrical, roofing, and interiors. All 4 water heaters recently replaced. Only 2 current tenants, offering potential for owner-occupant, or additional unit renovations and income at market rates. Zoned RM-1-1 with Transit Priority Area & Sustainable Development Area overlay zones. Well-maintained, mature landscaping w/ drip irrigation system. (5) off-street parking off rear alley. Walk Score of 88 (very walkable), prime Normal Heights location w/ easy access to local amenities and transportation.

Last Agent to Sell the Property

Max Delbecq

Top Gun CRE Brokerage Email: maxd@topguncre.com License #01964069 Listed on: 04/25/2025

Co-Listed By

Kenneth Herskind

Top Gun CRE Brokerage Email: maxd@topguncre.com License #01872460

Last Buyer's Agent

Marissa Montano

Fit Properties License #01373633

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 6,049 Sq Ft Lot
  • Two or More Common Walls
  • Drip System Landscaping
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Home Design

  • Quadruplex

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Lot 447-051-19-00
  • Tax Tract Number 447
  • Assessor Parcel Number 4470511900
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Bike Trail

Building Details

  • 2 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,592
  • Water Sewer Expense $1,838
  • New Taxes Expense $23,319
  • Operating Expense $34,201
  • Gross Income $128,628
  • Net Operating Income $90,568

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.78
  • Price Per Unit: 473750
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1838.00
  • Zoning: RM-1-1 Transit Priority Area Sustai...
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4470511900
  • Year Built: 1945
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Door
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 579.06

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Golf, Sidewalks, Storm Drains, Street Lights, Suburban, Biking, Dog Park, Park

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby, Sprinklers Drip System, Yard
  • Lot Size Sq Ft: 6049.00
  • Lot Size Acres: 0.1389

Multi Family

  • Gross Income: 128628.00
  • Gross Scheduled Income: 128628.00
  • Insurance Expense: 2592.00
  • Lot Size Area: 6049.0000 Square Feet
  • Net Operating Income: 90568.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Operating Expense: 34201.00
  • Rent Control: Yes
  • Total Expenses: 34201.00

Tax Info

  • New Taxes Expense: 23319.00
  • Tax Lot: 447-051-19-00
  • Tax Tract Number: 447-05

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
06/11/2025 06/11/25 Sold $1,853,000 -2.2% $579 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $1,895,000 -- $592 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2502979

California Regional Multiple Listing Service (CRMLS)

APN: 447-051-19-00