NOT LISTED FOR SALE

4650 Bancroft St Unit 54 San Diego, CA 92116

Normal Heights Neighborhood
6 Beds
3 Baths
-- Sq Ft
6,266 Sq Ft Lot

Last Sold September 29, 2016

Last sale price $960,000

18 Days on Market

About This Home

As of September 2016

Appropriately named The Cozy Craftsman Cottage, The Cozy Treehouse and The Cozy Hideaway, this 3 unit property is redefining what it means to manage income property in San Diego. The current owners have delicately crafted a unique marriage of technology, interaction and operations management to achieve optimal returns. This asset has many upgrades inside and out (see supplemental). Accepting Back-Up Offers. Upgrades to all three units: A/C, newer bathrooms, newer kitchens, newer appliances, newer floors and security locks. Courtyard has BBQ, paver stone fixtures, benches, bar and a spectacular shade tree. There is a one story house, a detached 2 story duplex and a detached garage. Each unit has separate hot water heaters and utilities.

Last Agent to Sell the Property

Todd Egan

CalEgan Associates License #01975431 Listed on: 07/20/2016

Co-Listed By

Joseph Siemienowski

Siemienowski & Associates License #00831832

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,266 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Stucco Exterior

Listing and Financial Details

  • Assessor Parcel Number 439-431-11-00

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Complex Community

Building Details

  • Net Operating Income $50,746

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Adams Ave.
  • Neighborhood: Normal Heights
  • Supplement: Upgrades to all three units: A/C, newer bathrooms, newer kitchens, newer appliances, newer floors and security locks. Courtyard has BBQ, paver stone fixtures, benches, bar and a spectacular shade tree. There is a one story house, a detached 2 story duplex and a detached garage. Each unit has separate hot water heaters and utilities.
  • LP / Sq Ft: 22.18
  • Sale Price List Price: 0.96
  • Year Built: 1958
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Complex Name: Complex
  • Community: NORMAL HEIGHTS

Lot Info

  • Lot Size: 1-3,999 SF
  • Zoning: R-3
  • Assessor Parcel Number: 439-431-11-00
  • Land Use Code: R-3
  • Estimated Lot Sq Ft: 6266

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 50746
  • Annual Expense Actual: 57008
  • Annual Expense Projected: 21400
  • Gross Rent Multiplier Actual: 8.59
  • Gross Rent Multiplier Projected: 14.71
  • Gross Sched Income Actual: 115864
  • Gross Sched Income Projected: 67620
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3
  • Other Income Actual: 100
  • Other Income Projected: 150.0

Range of Values:

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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
09/29/2016 09/29/16 Sold $960,000 -3.5% --
07/19/2016 07/19/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $995,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Todd Egan

    CalEgan Associates

  • Joseph Siemienowski

    Seller Co-Listing Agent in 2016

    Joseph Siemienowski

    Siemienowski & Associates

    (858) 205-1031

    2 in this area

    33 Total Sales

    Joseph Siemienowski
    Section Image

  • N

    Buyer's Agent in 2016

    Non-Member Default

    Default Non-Member Office

  • O

    Buyer's Agent in 2016

    Out of Area Agent

    Out of Area Office

  • K

    Buyer's Agent in 2016

    Kathryn Frost

    RETS IDX TCAR VENDORS

    (785) 841-2400

    3 in this area

    710 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 160039886

San Diego MLS

APN: 439-431-11-00

California San Diego County San Diego 92116 Normal Heights

4650 Bancroft St Unit 54, San Diego, CA

This home is located at 4650 Bancroft St Unit 54, San Diego, CA 92116 since 20 July 2016. This property was built in 1958. 4650 Bancroft St Unit 54 is a home located in San Diego County with nearby schools including John Adams Elementary School, Wilson Middle School, and Herbert Hoover High School.

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