NOT LISTED FOR SALE
4 Beds
4 Baths
1,996 Sq Ft
6,236 Sq Ft Lot

Last Sold January 05, 2022

Last sale price $1,199,000 $601 Per Sq Ft

9 Days on Market

Highlights

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

About This Home

As of January 2022

Three units North of Adams. An incredible opportunity. Two 2br detached houses with a detached studio helper unit. Plans are in process to make the studio an ADU. All three units have some private yard. Two of the units have washer/dryers. All of the units were remodeled in 2015 prox. A quality property with all the amenities owners and tenants in the area want and expect. The front and rear 2 br's are rented currently. and the studio has ongoing work toward ADU status.. All work by the architects toward the ADU will convey with the property. Shown with accepted offer.

Last Agent to Sell the Property

Don Rood

Bonanza Realty License #01044343 Listed on: 11/07/2021

Last Buyer's Agent

Jeff Pastore

Navian, Inc. License #00929059

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,236 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 440-231-11-00

Community Details

Overview

  • Association fees include exterior (landscaping), exterior bldg maintenance, roof maintenance, sewer, termite, trash pickup, water
  • 3 Buildings
  • 3 Units
  • Normal Heights Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $55,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Collier
  • Neighborhood: NormalHeights
  • Stories: 1 Story
  • Sale Price List Price: 0.92
  • Total Stories: 1
  • Year Built: 1923
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 3
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Normal Heights
  • Pets Allowed: Yes
  • Community: NORMAL HEIGHTS
  • Home Owner Association Fee Includes: Exterior (Landscaping), Exterior Bldg Maintenance, Roof Maintenance, Sewer, Termite, Trash Pickup, Water
  • Manager Name: Pruett Realty/Brian Dunn
  • Manager Phone: 619-222-0316

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Public Street
  • Topography: Level
  • Zoning: multi-fam
  • Assessor Parcel Number: 440-231-11-00
  • Estimated Lot Dimensions: 51x122
  • Estimated Lot Sq Ft: 6236
  • Map Code Column: F
  • Map Code Page: 1269
  • Map Code Row: 3

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 55000
  • Annual Expense Actual: 9800
  • Gross Rent Multiplier Actual: 25.19
  • Gross Rent Multiplier Projected: 18.05
  • Gross Sched Income Actual: 51600
  • Gross Sched Income Projected: 72000
  • Number Of Buildings: 3
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 2

Range of Values:

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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
01/05/2022 01/05/22 Sold $1,199,000 -7.8% $601 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/07/2021 11/07/21 For Sale $1,300,000 -- $651 / 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: 210030793

San Diego MLS

APN: 440-231-11-00