NOT LISTED FOR SALE

4754-4758 1/2 Bancroft St San Diego, CA 92116

Normal Heights Neighborhood
5 Beds
4 Baths
2,022 Sq Ft
1926 Built

Last Sold February 24, 2020

Last sale price $1,310,000 $648 Per Sq Ft

62 Days on Market

Highlights

  • Partially Fenced Property
  • Wood Siding
  • 1-Story Property

About This Home

As of February 2020

4 Cottage units each with a distinct look. Massive renovations within the last few years. $100K of rehab. Private yards, washer/dryers & low maintenance landscaping. Sewer pipe re-lined in 2017. Brand new water heater in one unit. Each unit separately metered. All this charm brings good income. The renovations mean lower operating costs for the next owner. Great location, freeway convenience, high walkability and 30 year fixed financing. New bonus density laws may allow for an ADU where the garage is.

Last Listed By

Terry Moore

ACI Apartments License #00918512 Listed on: 11/14/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 5,860 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for sewer, water, electricity, gas/propane, hot water
  • Assessor Parcel Number 439-382-27-00

Community Details

Overview

  • 5 Buildings
  • 4 Units

Building Details

  • Net Operating Income $53,879

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Adams Ave. & Collier Ave.
  • Neighborhood: Normal Heights
  • LP / Sq Ft: 21.19
  • Stories: 1 Story
  • Sale Price List Price: 1.01
  • Total Stories: 1
  • Year Built: 1926
  • 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
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: NORMAL HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 439-382-27-00
  • Estimated Lot Sq Ft: 5860

Rental Info

  • Tenant Pays: Sewer, Water, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 53879
  • Annual Expense Actual: 25378
  • Annual Expense Projected: 25378
  • Gross Rent Multiplier Actual: 15.7
  • Gross Rent Multiplier Projected: 14.4
  • Gross Sched Income Actual: 82560
  • Gross Sched Income Projected: 90300
  • Number Of Buildings: 5
  • Number Of Units With Dryers: 4
  • 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
  • Number Of Units With Washers: 4

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
02/24/2020 02/24/20 Sold $1,310,000 +0.8% $648 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $1,299,000 0.0% $642 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $1,299,000 0.0% $642 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $1,299,000 -- $642 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Terry Moore

    Seller's Agent in 2020

    Terry Moore

    ACI Apartments

    (619) 889-1031

    2 in this area

    58 Total Sales

    Terry Moore
    Section Image
  • Jason Coleman

    Buyer Co-Listing Agent in 2020

    Jason Coleman

    Jag Real Estate Lifestyle

    (619) 273-3180

    2 in this area

    68 Total Sales

    Jason Coleman
    Section Image
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Map

Source: San Diego MLS

MLS Number: 190061482

San Diego MLS

California San Diego County San Diego 92116 Normal Heights

4754-4758 1/2 Bancroft St, San Diego, CA

Homes for Sale in San Diego, CA

This home is located at 4754-4758 1/2 Bancroft St, San Diego, CA 92116 since 14 November 2019. This property was built in 1926. 4754-4758 1/2 Bancroft St 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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