NOT LISTED FOR SALE
5 Beds
3 Baths
2,268 Sq Ft
6,969 Sq Ft Lot

Last Sold July 02, 2015

Last sale price $380,000 $168 Per Sq Ft

11 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • 1-Story Property

About This Home

As of July 2015

Great opportunity for 3 unit rental income property - Clean duplex in front of property occupied by tenants. Recently painted and eaves/fascia boards replaced. Small house in back needs work. Close to restaurants, Wal-Mart Center and frwys. Has been owned by same family since 1968. Each unit has W/D hook ups, only one unit has installed W/D owned by seller. Seller believes, one unit has stove and fridge owned by seller and the other unit stove and fridge are owned by tenant. Buyer/seller to verify during escrow.

Last Agent to Sell the Property

Minka Hull

Minka Hull, Broker License #01748628 Listed on: 04/01/2015

Last Buyer's Agent

Brian Raynoha

Apartment Advisors Inc. License #01798711

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 6,969 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 565-080-07-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • 3 Unit Complex Community

Building Details

  • Net Operating Income $20,280

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Broadway
  • Neighborhood: Pleasant View
  • Supplement: Each unit has W/D hook ups, only one unit has installed W/D owned by seller. Seller believes, one unit has stove and fridge owned by seller and the other unit stove and fridge are owned by tenant. Buyer/seller to verify during escrow.
  • LP / Sq Ft: 15.47
  • Stories: 1 Story
  • Sale Price List Price: 0.9
  • Total Stories: 1
  • Year Built: 1968
  • 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: 3 unit complex
  • Community: CHULA VISTA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 565-080-07-00
  • Land Use Code: R3
  • Estimated Lot Sq Ft: 6969
  • Estimated Number of Acres: 0.16

Rental Info

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

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 20280
  • Annual Expense Actual: 2400
  • Annual Expense Projected: 3800
  • Gross Rent Multiplier Actual: 18.7
  • Gross Rent Multiplier Projected: 13.6
  • Gross Sched Income Actual: 22680
  • Gross Sched Income Projected: 31200
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • 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: 1

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
07/02/2015 07/02/15 Sold $380,000 -10.4% $168 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $424,000 -- $187 / 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: 150017049

San Diego MLS

APN: 565-080-07-00