NOT LISTED FOR SALE
5 Beds
4 Baths
2,150 Sq Ft
5,900 Sq Ft Lot

Last Sold April 03, 2023

Last sale price $925,000 $430 Per Sq Ft

163 Days on Market

Highlights

  • 1-Story Property
  • Laundry Facilities
  • Level Lot
  • Solar Heating System
  • Partially Fenced Property
  • Gravity Heating System

About This Home

As of April 2023

Great investment property in City Heights! This unique property has 3 separate detached units- front house is a 3b/2b, the back two cottages are both 1b/1b’s with their own private, oversized, fully fenced in yards. The property has PAID solar and is turn key with updated flooring, updated kitchens boasting new cabinets, countertops and stainless appliances. The bathrooms are all beautifully remodeled. Dual pane windows in all units and ceiling fans. Laundry shed on site- shared with all 3 units. 3 separate meters and 3 addresses. The property has a driveway with two tandem parking spots for the front house. Tenant occupied. Rents total $7,500/mo. Great for investor with tons of cash flow or live in one unit and rent out the others! Great investment property in City Heights! This unique property has 3 separate detached units- front house is a 3b/2b, the back two cottages are both 1b/1b’s with their own private, oversized, fully fenced in yards. The property has PAID solar and is turn key with updated flooring, updated kitchens boasting new cabinets, countertops and stainless appliances. The bathrooms are all beautifully remodeled. Dual pane windows in all units and ceiling fans. Laundry shed on site- shared with all 3 units. 3 separate meters and 3 addresses. The property has a driveway with two tandem parking spots for the front house. Tenant occupied. Rents total $7,500/mo. Great for investor with tons of cash flow or live in one unit and rent out the others!

Last Agent to Sell the Property

Erica Bocian

Michael Wayne Williams, Broker License #01857655 Listed on: 10/04/2022

Last Buyer's Agent

Noemi Flores

Compass License #01786672

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1940

Lot Details

  • 5,900 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • Solar Heating System

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 471-781-12-00

Community Details

Overview

  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Euclid ave
  • Neighborhood: City Heights
  • Supplement: Great investment property in City Heights! This unique property has 3 separate detached units- front house is a 3b/2b, the back two cottages are both 1b/1b’s with their own private, oversized, fully fenced in yards. The property has PAID solar and is turn key with updated flooring, updated kitchens boasting new cabinets, countertops and stainless appliances. The bathrooms are all beautifully remodeled. Dual pane windows in all units and ceiling fans. Laundry shed on site- shared with all 3 units. 3 separate meters and 3 addresses. The property has a driveway with two tandem parking spots for the front house. Tenant occupied. Rents total $7,500/mo. Great for investor with tons of cash flow or live in one unit and rent out the others!
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Exterior Features

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

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Electric, Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: CITY HEIGHTS
  • Complex Features: Laundry Facilities

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 471-781-12-00
  • Estimated Lot Sq Ft: 5900

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 3
  • Gross Rent Multiplier Actual: 10.5
  • Gross Sched Income Actual: 90000
  • Number Of Buildings: 3
  • Number Of Furnished Units: 3
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

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
04/03/2023 04/03/23 Sold $925,000 0.0% $430 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $925,000 0.0% $430 / Sq Ft
02/24/2023 02/24/23 For Sale $925,000 -2.6% $430 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $950,000 0.0% $442 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/12/2023 01/12/23 Price Changed $950,000 0.0% $442 / Sq Ft
01/12/2023 01/12/23 For Sale $950,000 +1.1% $442 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
11/09/2022 11/09/22 Price Changed $940,000 0.0% $437 / Sq Ft
11/09/2022 11/09/22 For Sale $940,000 -1.1% $437 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $950,000 -- $442 / 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: 220025113

San Diego MLS