NOT LISTED FOR SALE
4 Beds
3 Baths
2,350 Sq Ft
5,154 Sq Ft Lot

Last Sold April 05, 2021

Last sale price $1,225,000 $521 Per Sq Ft

57 Days on Market

Highlights

  • Property is Fully Fenced
  • Level Lot
  • Wood Siding

About This Home

As of April 2021

Incredibly opportunity to own a 3 unit home in Middletown San Diego. Just steps from Little Italy, Downtown and a short drive to Mission Hills, this tri-plex boasts a new roof on the duplex, triple pane windows, ac for all three units, two private yards, one garage, mixed updates throughout but with room for value add. Live in one and cash flow on the other two units, rent all three or short term rental as desired.

Last Agent to Sell the Property

Josh Higgins

Compass License #01459409 Listed on: 12/08/2020

Compass

Last Buyer's Agent

Michelle Elston

Integrity First Realty & Loans License #01999850

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 5,154 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water
  • Assessor Parcel Number 533-131-09-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • San Diego Community

Building Details

  • Net Operating Income $50,415

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Union
  • Neighborhood: Little Italy
  • LP / Sq Ft: 22.82
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1907
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: San Diego
  • Community: MIDDLETOWN
  • Home Owner Association Fee Reflects: Month

Fee Information

  • CFD Mello Roos Fee Reflects: Month

Lot Info

  • Irrigation: Automatic
  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 533-131-09-00
  • Estimated Lot Sq Ft: 5154

Rental Info

  • Tenant Pays: Water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 50415
  • Annual Expense Actual: 20322
  • Annual Expense Projected: 25071
  • Gross Rent Multiplier Actual: 16.9
  • Gross Sched Income Actual: 72180
  • Gross Sched Income Projected: 80340
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1
  • Other Income Projected: 200.0
  • Percent Owner Occupancy: 100.0

Range of Values:

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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
04/05/2021 04/05/21 Sold $1,225,000 0.0% $521 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
12/08/2020 12/08/20 For Sale $1,225,000 +34.6% $521 / Sq Ft
06/26/2017 06/26/17 Sold $910,000 -2.1% $396 / Sq Ft
04/29/2017 04/29/17 Price Changed $929,900 +3.3% $404 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $899,900 +50.2% $391 / Sq Ft
11/05/2012 11/05/12 Sold $599,000 +1.7% $260 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
10/06/2012 10/06/12 For Sale $589,000 -- $256 / 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: 200053463

San Diego MLS

APN: 533-131-09-00