NOT LISTED FOR SALE
5 Beds
3 Baths
-- Sq Ft
6,253 Sq Ft Lot

Last Sold September 28, 2017

Last sale price $560,000

6 Days on Market

Highlights

  • Corner Lot
  • Partially Fenced Property
  • Wood Siding

About This Home

As of September 2017

Excellent investment opportunity in City Heights located on a corner lot with alley access. The property features a single family 1 bed, 1 bath home and a duplex consisting of two, 2 bedroom, 1 bath units with laundry hookups. The large lot provides each unit a designated parking space and each unit has their own fenced yard. Very high cash flow with long term tenants (5, 9, 11 years). Drive by only – do not disturb tenants.

Last Agent to Sell the Property

Glen Henderson

LPT Realty,Inc License #01384181 Listed on: 09/08/2017

LPT Realty,Inc

Last Buyer's Agent

Stacey Miller

eXp Realty of California, Inc. License #00871629

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,253 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 472-032-15-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $39,700

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: El Cajon Blvd
  • Neighborhood: City Heights
  • LP / Sq Ft: 12.04
  • Stories: 2 Story
  • Sale Price List Price: 1.04
  • Total Stories: 2
  • Year Built: 9999
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • 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: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: CITY HEIGHTS
  • Manager Name: Self Managed

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot, Sidewalks
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 472-032-15-00
  • Land Use Code: 3
  • Estimated Lot Dimensions: 125x50
  • Estimated Lot Sq Ft: 6253
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.14
  • Map Code Column: A
  • Map Code Page: 1270
  • Map Code Row: 4

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 39700
  • Annual Expense Actual: 12500
  • Annual Expense Projected: 12500
  • Gross Rent Multiplier Actual: 10.34
  • Gross Rent Multiplier Projected: 9.37
  • Gross Sched Income Actual: 52200
  • Gross Sched Income Projected: 57600
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 2
  • 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
09/28/2017 09/28/17 Sold $560,000 +3.7% --
09/15/2017 09/15/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $539,900 -- --
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: 170047288

San Diego MLS

APN: 472-032-15-00