NOT LISTED FOR SALE
5 Beds
4 Baths
-- Sq Ft
6,019 Sq Ft Lot

Last Sold July 31, 2012

Last sale price $585,000

127 Days on Market

Highlights

  • 1-Story Property
  • Floor Furnace
  • Level Lot
  • Garfield Elementary Rated A-
  • Property is Fully Fenced

About This Home

As of July 2012

Rare courtyard near Adams Avenue. Low vacancy due to separate private cottages with back doors and small yards. Some units have refinished hardwood floors. Each unit has a single car garage on the alley. Rents are low. Large lot over 6000 square feet. Street has many newer properties and condo conversions. Walk to Adams Avenue for shopping, art galleries and restaurants. Same owner for over 25 years. Offered to VA/FHA buyers. Long term low interest financing to owner occupants and investors.

Last Agent to Sell the Property

Chuck Hoffman

Apartment Consultants Incorporated License #00524883 Listed on: 01/31/2012

Last Buyer's Agent

Chuck Hoffman

Apartment Consultants Incorporated License #00524883 Listed on: 01/31/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Lot Details

  • 6,019 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • Alley Access

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 446-051-06-00

Community Details

Overview

  • 5 Buildings
  • 4 Units

Building Details

  • Net Operating Income $25,167

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Madison
  • Neighborhood: University Heights Near Adams Av
  • Stories: 1 Story
  • Sale Price List Price: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Rolled/Hot Mop

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Floor Furnace

Condo/Co-op/Association

  • Community: UNIVERSITY HEIGHTS

Schools

  • School District URL: https://www.sandiegounified.org/

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 446-051-06-00
  • Land Use Code: 4
  • Estimated Lot Dimensions: 43 X 140
  • Estimated Lot Sq Ft: 6019

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 25167
  • Annual Expense Actual: 17494
  • Annual Expense Projected: 17492
  • Gross Rent Multiplier Actual: 14.8
  • Gross Rent Multiplier Projected: 13.1
  • Gross Sched Income Actual: 43980
  • Gross Sched Income Projected: 49620
  • Number Of Buildings: 5
  • Number Of Units With Garage: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

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
07/31/2012 07/31/12 Sold $585,000 -9.9% --
06/06/2012 06/06/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $649,000 -- --
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: 120005603

San Diego MLS

APN: 446-051-06-00