NOT LISTED FOR SALE

4704-6 E Mountain View Dr San Diego, CA 92116

Normal Heights Neighborhood
8 Beds
4 Baths
3,200 Sq Ft
1925 Built

Last Sold February 22, 2022

Last sale price $1,890,000 $591 Per Sq Ft

14 Days on Market

Highlights

  • Corner Lot
  • Partially Fenced Property
  • 3-minute walk to Ward Canyon Neighborhood Park
  • Tankless Water Heater
  • Heating System Uses Natural Gas

About This Home

As of February 2022

Fully Occupied Four-Unit (two duplexes/corner lot) that has been incredibly well maintained by the owner/landlord over the last 30 years. You can see the level of pride and ownership this landlord has shown, simply by looking at the solid workmanship and low maintenance upgrades in place. Insta-hot water heaters, solid wood cabinetry with numerous built-ins, high-grade solid surfaces and low-maintenance flooring to name a few. I like the coin-operated laundromat and drip system irrigation on an efficient landscape. In addition, there is a detached garage for additional income not reflected in the GSI. Lastly and probably most importantly, the owner has stated the new zoning change allows for a much higher unit density. Enjoy!

Last Agent to Sell the Property

David Liesch

Legacy Assets, Inc. License #01248167 Listed on: 12/09/2021

Last Buyer's Agent

Keegan Wetzel

Real Broker License #02153342

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Tankless Water Heater

Additional Features

  • 2-Story Property
  • Sprinklers on Timer

Listing and Financial Details

  • Assessor Parcel Number 440-422-19-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Net Operating Income $79,503

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Adams Ave
  • LP / Sq Ft: 19.79
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1925
  • 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: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Water: Meter on Property
  • Water Heater Type: Electric, Tankless

Condo/Co-op/Association

  • Community: NORMAL HEIGHTS
  • Manager Name: Owner

Lot Info

  • Irrigation: Automatic, Drip
  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot, Sidewalks
  • Topography: Level
  • Assessor Parcel Number: 440-422-19-00

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 79503
  • Annual Expense Actual: 14297
  • Annual Expense Projected: 14297
  • Gross Sched Income Actual: 92400
  • Gross Sched Income Projected: 108000
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 1400
  • Other Income Projected: 1800.0

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
02/22/2022 02/22/22 Sold $1,890,000 0.0% $591 / Sq Ft
12/24/2021 12/24/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $1,890,000 -- $591 / Sq Ft
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: 210032974

San Diego MLS