NOT LISTED FOR SALE

4628 - 4630 51 San Diego, CA 92115

Talmadge Neighborhood
3 Beds
2 Baths
1,650 Sq Ft
1938 Built

Last Sold June 10, 2022

Last sale price $965,000 $585 Per Sq Ft

24 Days on Market

Highlights

  • 1-Story Property
  • Cross Fenced
  • Wood Siding

About This Home

As of June 2022

This incredible Investment Opportunity that seldom presents itself. Attractive Talmadge’s hidden secret for the perfect landlord. 2 units yet separated with each own private backyard that encompass charm with personal lifestyle. Both units have long-term tenants who made it their home and not just a place to stay…….they maintain it as if they own it. Even better, tenants never miss rent payments, which is a landlords delight! PLEASE Do Not DISTURB the tenants. The front house offers a gorgeous low maintenance landscaping including an enticing facelift, a widened driveway with desirable kitchen improvements with AC and Heat. The back house offers a newer roof, washer and dryer, a garage and a cozy livable space that is quaint and gorgeous.

Last Agent to Sell the Property

Kurt Francis

Realty One Group Pacific License #01418702 Listed on: 04/14/2022

Co-Listed By

Fernando Francis

Compass License #02108734

Last Buyer's Agent

Julie Chang

Pacific Sotheby's International Realty License #01978767

Pacific Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1938

Home Design

  • Wood Siding
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Cross Fenced
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, fees
  • Assessor Parcel Number 466-251-23-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $38,454

Property Details

Home Type

Multi-Family

Year Built

1938

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Madison
  • Neighborhood: Talmadge - Alhambra Park
  • Stories: 1 Story
  • Sale Price List Price: 0.88
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1938

Exterior Features

  • Exterior Material: Stucco, Wood, Wood/Stucco
  • Fencing: Cross Fencing

Utilities

  • Cooling: Central Forced Air
  • Heat Equipment: Forced Air Unit, Radiant

Condo/Co-op/Association

  • Complex Name: Owner
  • Community: TALMADGE

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 466-251-23-00

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 38454
  • Annual Expense Actual: 11346
  • Gross Rent Multiplier Actual: 20.0
  • Gross Sched Income Actual: 49800
  • Gross Sched Income Projected: 56400
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Range of Values:

Collateral Analytics

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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
06/10/2022 06/10/22 Sold $965,000 -12.3% $585 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $1,100,000 -- $667 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kurt Francis

    Seller's Agent in 2022

    Kurt Francis

    Realty One Group Pacific

    (858) 229-9180

    1 in this area

    24 Total Sales

    Kurt Francis
    Section Image

  • F

    Seller Co-Listing Agent in 2022

    Fernando Francis

    Compass

    Section Image
  • Julie Chang

    Buyer's Agent in 2022

    Julie Chang

    Pacific Sothebys

    (619) 292-8881

    1 in this area

    21 Total Sales

    Julie Chang
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 220008408

San Diego MLS
California San Diego County San Diego 92115 Talmadge

4628 - 4630 51, San Diego, CA

This home is located at 4628 - 4630 51, San Diego, CA 92115 since 14 April 2022. This property was built in 1938. 4628 - 4630 51 is a home located in San Diego County with nearby schools including Fay Elementary School, Mann Middle School, and Crawford High School.

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