NOT LISTED FOR SALE
8 Beds
4 Baths
2,960 Sq Ft
6,652 Sq Ft Lot

Last Sold May 24, 2016

Last sale price $655,000 $221 Per Sq Ft

6 Days on Market

About This Home

As of May 2016

Rare to find 4 unit apartment complex in Central San Diego. Well maintained fourplex at the end of cul-de-sac. Sits high on the bluff with Eastern mountain views from all units. Large storage room with laundry machines (contracted from a company). Two of the units were upgraded in 2014 with hardwood floors, tile, new stoves and fridges. Unit 3 was upgraded with new carpet and new windows. Carport in front of the building & parking in the back. All units are occupied with long term tenants. Mountain views. Expenses breakdown: property manager - $150/month; $60 -electricity for washer/dryer and outside lighting; $650/bi-monthly- sewage,trash and water a month.

Last Agent to Sell the Property

Alexandra Germon

Alexandra Germon, Broker License #01316320 Listed on: 04/20/2016

Last Buyer's Agent

Jason LaMell

Improve Realty License #01861043

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,652 Sq Ft Lot
  • Partially Fenced Property

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Cooling System Mounted To A Wall/Window

Community Details

  • 4 Units
  • Net Operating Income $28,080

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 472-502-13-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Ogden St.
  • Neighborhood: San Diego
  • Supplement: Expenses breakdown: property manager - $150/month; $60 -electricity for washer/dryer and outside lighting; $650/bi-monthly- sewage,trash and water a month.
  • LP / Sq Ft: 14.95
  • Stories: 2 Story
  • Sale Price List Price: 1.03
  • Total Stories: 2
  • Year Built: 1958
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Prkng Non Garage Spac U3: 2
  • Prkng Non Garage Spac U4: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition
  • View: Evening Lights, Mountains/Hills, Panoramic

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-4
  • Assessor Parcel Number: 472-502-13-00
  • Land Use Code: R4
  • Estimated Lot Sq Ft: 6652
  • Map Code Column: b
  • Map Code Page: 1270
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 28080
  • Annual Expense Actual: 10320
  • Annual Expense Projected: 10320
  • Gross Rent Multiplier Actual: 16.5
  • Gross Rent Multiplier Projected: 12.0
  • Gross Sched Income Actual: 38400
  • Gross Sched Income Projected: 52800
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

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
05/24/2016 05/24/16 Sold $655,000 +3.1% $221 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $635,000 -- $215 / 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: 160021100

San Diego MLS

APN: 472-502-13-00