$1,330,000
SOLD JAN 30, 2025
7 Beds
5 Baths
2,250 Sq Ft
4,769 Sq Ft Lot

Recently Sold

$591 Per Sq Ft

1% Below List Price

6 Days on Market

About This Home

As of January 2025

Amazing 4-plex investment opportunity with low interest, high principal assumable VA loan available. Wonderful location near schools, park, Boys & Girls club, freeways, and more. One standalone 4/2 home with new roof, and a three unit building (2/1, 1/1, Studio). All of the units are permitted and have been updated for the modern renter. One of the few investment opportunities in San Diego with immediate cash flow potential. Current Matterport 3D scans available for serious buyers.

Last Agent to Sell the Property

Chris Jensen

Christen Jensen, Broker License #01875205 Listed on: 09/20/2024

Last Buyer's Agent

Jordan Bennett

Regency Real Estate Brokers License #01850869

Regency Real Estate Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 4,769 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 549-182-13-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Net Operating Income $103,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Woodman St
  • Neighborhood: Encanto
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Total Stories: 2
  • Year Built: 1950
  • 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: Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Community: ENCANTO
  • Manager Name: Uplift Property Mgt
  • Manager Phone: 858-449-7294

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 549-182-13-00
  • Estimated Lot Sq Ft: 4769
  • Estimated Number of Acres: 0.11
  • Map Code Column: E
  • Map Code Page: 1290
  • Map Code Row: 3

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 103080
  • Gross Rent Multiplier Actual: 13.0
  • Gross Rent Multiplier Projected: 11.2
  • Gross Sched Income Actual: 103080
  • Gross Sched Income Projected: 120000
  • Number Of Buildings: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

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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
01/30/2025 01/30/25 Sold $1,330,000 -1.1% $591 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $1,345,000 +19.6% $598 / Sq Ft
01/18/2022 01/18/22 Sold $1,125,000 -4.3% $475 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/10/2021 11/10/21 Price Changed $1,175,000 -13.0% $496 / Sq Ft
10/11/2021 10/11/21 For Sale $1,350,000 +91.5% $570 / Sq Ft
06/26/2020 06/26/20 Sold $705,000 +0.9% --
02/19/2020 02/19/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $699,000 +38.4% --
08/28/2015 08/28/15 Sold $505,000 -8.2% --
07/14/2015 07/14/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $550,000 -- --
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: 240022462

San Diego MLS