NOT LISTED FOR SALE

4767 Bancroft St San Diego, CA 92116

Normal Heights Neighborhood
8 Beds
7 Baths
3,700 Sq Ft
6,098 Sq Ft Lot

Last Sold March 23, 2022

Last sale price $2,095,000 $566 Per Sq Ft

7 Days on Market

About This Home

As of March 2022

4767 Bancroft St Is A Four Unit Investment Property located in a premiere location of Central San Diego. The property is one block above Adams Ave in the Normal Heights Submarket. The lot consists of 3 x 2 bed/2 bath units and a 2 bed/1 bath house in the front with four garages facing the alley. Unit B and C are original finishes. All units have IN UNIT Laundry. The monthly income can be substantially increased by adding units to the lot and raising the current rents to market value.

Last Agent to Sell the Property

Jason Lee

Nara Advisors, Inc. License #02068011 Listed on: 01/11/2022

Last Buyer's Agent

Jason Lee

Nara Advisors, Inc. License #02068011 Listed on: 01/11/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 6,098

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Assessor Parcel Number 439-391-04-00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Ward Canyon Community

Building Details

  • Net Operating Income $73,194

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: collier ave
  • Neighborhood: Adams North
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: ward canyon
  • Community: NORMAL HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 439-391-04-00

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 73194
  • Annual Expense Actual: 40937
  • Gross Rent Multiplier Actual: 17.0
  • Gross Rent Multiplier Projected: 13.0
  • Gross Sched Income Actual: 117660
  • Gross Sched Income Projected: 151800
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 1
  • 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
03/23/2022 03/23/22 Sold $2,095,000 0.0% $566 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $2,095,000 -- $566 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jason Lee

    Seller's Agent in 2022

    Jason Lee

    Nara Advisors, Inc.

    (858) 336-9688

    8 in this area

    127 Total Sales

    Jason Lee
    Section Image
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Map

Source: San Diego MLS

MLS Number: 220000520

San Diego MLS

APN: 439-391-04-00

California San Diego County San Diego 92116 Normal Heights

4767 Bancroft St, San Diego, CA

This home is located at 4767 Bancroft St, San Diego, CA 92116 since 11 January 2022. This property was built in 1970. 4767 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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