$745,000
SOLD JUL 3, 2023

5281-85 Rex Ave San Diego, CA 92105

Chollas Creek Neighborhood
5 Beds
3 Baths
-- Sq Ft
1941 Built

Recently Sold

99 Days on Market

Highlights

  • Partially Fenced Property
  • 1-Story Property
  • 5-minute walk to Colina del Sol Park

About This Home

As of July 2023

Great income property. 3 bedroom 2 ba with 2 car garage and alley acess and separate 2 bedroom 1 bath unit on the street. good opportunity to add units or convert garage Possible lot split. Show only with acceptable Offer.

Last Agent to Sell the Property

Larry Marinello

Marinello and Associates R.E License #00616612 Listed on: 11/07/2022

Last Buyer's Agent

Charles Chamorro

Datashare CLAW Default Office Don't Delete License #01899704

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 6,652 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 472 492 11 00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • East San Diego Community

Building Details

  • Net Operating Income $40,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: University
  • Neighborhood: east san diego
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1941
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Condo/Co-op/Association

  • Complex Name: east san diego
  • Community: EAST SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-4
  • Assessor Parcel Number: 472 492 11 00
  • Estimated Lot Dimensions: 65x100
  • Estimated Lot Sq Ft: 6652

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 40600
  • Annual Expense Actual: 6000
  • Gross Rent Multiplier Actual: 15.0
  • Gross Rent Multiplier Projected: 14.0
  • Gross Sched Income Actual: 46600
  • Gross Sched Income Projected: 50600
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

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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
07/03/2023 07/03/23 Sold $745,000 0.0% --
02/15/2023 02/15/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $745,000 0.0% --
12/13/2022 12/13/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $745,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Larry Marinello

    Seller's Agent in 2023

    Larry Marinello

    Marinello and Associates R.E

    (619) 917-8515

    1 in this area

    12 Total Sales

    Larry Marinello
    Section Image

  • C

    Buyer's Agent in 2023

    Charles Chamorro

    Datashare CLAW Default Office Don't Delete

See All Agents

Map

Source: San Diego MLS

MLS Number: 220027614

San Diego MLS

APN: 472-492-11-00

California San Diego County San Diego 92105 Chollas Creek

5281-85 Rex Ave, San Diego, CA

This home is located at 5281-85 Rex Ave, San Diego, CA 92105 and is currently priced at $745,000. This property was built in 1941. 5281-85 Rex Ave is a home located in San Diego County with nearby schools including Marshall Elementary School, Mann Middle School, and Crawford High School.

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