NOT LISTED FOR SALE

4776 Bancroft St San Diego, CA 92116

Normal Heights Neighborhood
12 Beds
8 Baths
4,800 Sq Ft
6,073 Sq Ft Lot

Last Sold October 26, 2021

Last sale price $1,972,000 $411 Per Sq Ft

59 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Laundry Room
  • Corner Lot

About This Home

As of October 2021

Location...Location...Location. Prime 4 unit TOWNHOMES in very desirable area of Normal Heights, north of Adams Ave. Each unit is 3 bedroom 2.5 bath (1/2 bath downstairs) with each unit having indoor laundry, patio area and each sharing 1/2 of a garage. Complex has total of 2 garages (each 2-car garage is shared by two units). Units are appx. 1200+ sq. ft. (not measured) built in 1988, very well maintained. Pictures are from one unit only. Buyer to verify ALL, including sq. ft. of each units before closing escrow.

Last Listed By

Randy Lipsey

Keller Williams Realty License #00429993 Listed on: 05/30/2021

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 6,073 Sq Ft Lot
  • No Units Above
  • Corner Lot
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • 4,800 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 08001
  • Tax Tract Number 985
  • Assessor Parcel Number 4393823000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Trash Expense $600
  • New Taxes Expense $25,000
  • Operating Expense $28,100
  • Gross Income $70,300
  • Net Operating Income $70,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 2.81
  • Price Per Unit: 550000
  • Property Attached: No
  • Zoning: R-4 Multiple Residential
  • Property Type: Residential Income
  • Parcel Number: 4393823000
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No One Above
  • Price Per Square Foot: 410.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot, Level
  • Lot Size Sq Ft: 6073.00
  • Lot Size Acres: 0.1394

Multi Family

  • Gross Income: 70300.00
  • Gross Scheduled Income: 98400.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 6073.0000 Square Feet
  • Net Operating Income: 70300.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 28100.00
  • Rent Control: Yes
  • Total Actual Rent: 8200.00
  • Total Expenses: 28100.00

Tax Info

  • New Taxes Expense: 25000.00
  • Tax Lot: 08001
  • Tax Tract Number: 000985

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
10/26/2021 10/26/21 Sold $1,972,000 -10.4% $411 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/22/2021 07/22/21 Price Changed $2,200,000 -4.3% $458 / Sq Ft
06/28/2021 06/28/21 Price Changed $2,300,000 -8.0% $479 / Sq Ft
05/30/2021 05/30/21 For Sale $2,500,000 -- $521 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Randy Lipsey

    Seller's Agent in 2021

    Randy Lipsey

    Keller Williams Realty

    (619) 667-8089

    1 in this area

    7 Total Sales

    Randy Lipsey
    Section Image

  • J

    Buyer's Agent in 2021

    Jason Lee

    JLM Real Estate Inc

    1 in this area

    13 Total Sales

    Jason Lee
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2103718

California Regional Multiple Listing Service (CRMLS)

APN: 439-382-30-00

California San Diego County San Diego 92116 Normal Heights

4776 Bancroft St, San Diego, CA

Homes for Sale in San Diego, CA

This home is located at 4776 Bancroft St, San Diego, CA 92116 since 30 May 2021. This property was built in 1988. 4776 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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