NOT LISTED FOR SALE
8 Beds
7 Baths
3,700 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date 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

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 6,098

Home Design

  • Composition Roof
  • Wood Siding

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

6,098 Sq Ft Lot

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
  • Gross Rent Multiplier Actual: 17.0
  • Gross Rent Multiplier Projected: 13.0
  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Mar 18, 2022
Sold by
Bought by
Seller's Agent
Jason Lee
Nara Advisors, Inc.
Buyer's Agent
Jason Lee
Nara Advisors, Inc.
List Price
$2,095,000
Sold Price
$2,095,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,361,750
Outstanding Balance
$1,240,437
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 25, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,220
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 1990

Purchase Details

Closed on
Sep 25, 1985
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,095,000 Wfg National Title
$1,410,000 Lawyers Title Company
-- Chicago Title Company
-- Old Republic Title Company
$340,000 First American Title Ins Co
$360,000 --
$80,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,361,750
Previous Owner $1,086,000
Previous Owner $987,000
Previous Owner $541,000
Previous Owner $150,000
Previous Owner $620,000
Previous Owner $100,000
Previous Owner $430,350
Previous Owner $422,500
Previous Owner $343,549
Previous Owner $337,220
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $28,390 $2,267,694 $1,677,769 $589,925
2025 $26,814 $2,223,230 $1,644,872 $578,358
2024 $26,814 $2,179,638 $1,612,620 $567,018
2023 $26,223 $2,136,900 $1,581,000 $555,900
2022 $18,071 $1,482,159 $840,942 $641,217
2021 $17,947 $1,453,098 $824,453 $628,645
2020 $17,730 $1,438,200 $816,000 $622,200
2019 $5,813 $468,441 $165,329 $303,112
2018 $5,436 $459,257 $162,088 $297,169
2017 $80 $450,253 $158,910 $291,343
2016 $5,219 $441,426 $155,795 $285,631
2015 $5,142 $434,796 $153,455 $281,341
2014 $5,063 $426,280 $150,450 $275,830
Source: Public Records

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Map

Source: San Diego MLS

MLS Number: 220000520

San Diego MLS

APN: 439-391-04-00

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