NOT LISTED FOR SALE

4546 Georgia St Unit 48 San Diego, CA 92116

University Heights Neighborhood
6 Beds
3 Baths
2,200 Sq Ft
4,911 Sq Ft Lot

Last Sold March 23, 2018

Last sale price $960,000 $436 Per Sq Ft

18 Days on Market

Highlights

  • Satellite Dish
  • Property is Fully Fenced
  • Wood Siding
  • Birney Elementary School Rated A
  • Level Lot
  • 4-minute walk to Trolley Barn Park

About This Home

As of March 2018

This 3 unit property is located in a superb pocket of University Heights. The unit mix is comprised of one (1) detached 2-Bed/1-Bath house with a private yard, and two (2) 2-Bed/1-Bath units. Located directly east of Park Blvd. and south of Adams Ave. There is 2,121 SF of living area on a 4,911 SF lot. An investor can substantially increase rents and add value by renovating each of the buildings or completely redeveloping. This real estate is in one of San Diego's most desirable rental communities.

Last Agent to Sell the Property

Matt Robinson

MD Real Estate, Inc License #01491108 Listed on: 01/05/2018

Last Buyer's Agent

Deno Merziotis

Coldwell Banker West License #01338585

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 4,911 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Wired For Data

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 445-131-22-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $25,451

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Monroe Ave. & Madison Ave.
  • Neighborhood: University Heights
  • LP / Sq Ft: 20.55
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Total Stories: 2
  • Year Built: 1942
  • 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
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco, Wood
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Available, Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial), Satellite Dish, Wired High Speed Internet
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: SAN DIEGO

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Curbs, Public Street, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-3
  • Assessor Parcel Number: 445-131-22-00
  • Land Use Code: R-3
  • Estimated Lot Sq Ft: 4911
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.11

Rental Info

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

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 25451
  • Annual Expense Actual: 15871
  • Annual Expense Projected: 19915
  • Gross Rent Multiplier Actual: 22.54
  • Gross Rent Multiplier Projected: 13.41
  • Gross Sched Income Actual: 42600
  • Gross Sched Income Projected: 70200
  • Number Of Buildings: 2
  • Number Of Furnished Units: 3
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1

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
03/23/2018 03/23/18 Sold $960,000 -3.0% $436 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $990,000 -- $450 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matt Robinson

    Seller's Agent in 2018

    Matt Robinson

    MD Real Estate, Inc

    (858) 361-3159

    14 Total Sales

    Matt Robinson
    Section Image
  • Deno Merziotis

    Buyer's Agent in 2018

    Deno Merziotis

    Coldwell Banker West

    (619) 370-6732

    39 Total Sales

    Deno Merziotis
    Section Image
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Map

Source: San Diego MLS

MLS Number: 180001055

San Diego MLS

APN: 445-131-22-00

California San Diego County San Diego 92116 University Heights

4546 Georgia St Unit 48, San Diego, CA

This home is located at 4546 Georgia St Unit 48, San Diego, CA 92116 since 05 January 2018. This property was built in 1942. 4546 Georgia St Unit 48 is a home located in San Diego County with nearby schools including Birney Elementary School, Roosevelt International Middle School, and San Diego Global Vision Academy.

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