$1,320,000
SOLD JUL 1, 2025
8 Beds
4 Baths
-- Sq Ft
1964 Built

Recently Sold

6% Below List Price

5 Days on Market

About This Home

As of July 2025

Incredible investment opportunity with strong cash flow in this fully rented four-unit property generating $10,000 per month in gross rental income. Each unit has been tastefully renovated inside, offering updated interiors that appeal to quality tenants—who are all current on rent. The property also includes two garage structures that are not currently utilized by tenants, presenting a clear opportunity to increase income by renting out the garages or converting them into two additional units through ADU development. This property offers a 6.86% cap rate and an 11.67 GRM, providing solid day-one returns with upside potential through additional value-add strategies.

Last Agent to Sell the Property

Said Abdallah

Compass License #02115132 Listed on: 05/28/2025

Compass

Last Buyer's Agent

Monica Rose

Anchor Funding, Inc. License #02173005

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Window Bars

Additional Features

  • Property is Fully Fenced
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, water
  • Assessor Parcel Number 472-730-07-00

Community Details

Overview

  • 4 Units
  • Streamview Community

Building Details

  • Net Operating Income $102,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: streamview and college ave
  • Neighborhood: Redwood Village
  • Stories: 2 Story
  • Sale Price List Price: 0.94
  • Total Stories: 2
  • Year Built: 1964
  • 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
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Cooling: Wall/Window
  • Security: Security Bars

Condo/Co-op/Association

  • Complex Name: Streamview
  • Community: SAN DIEGO
  • Manager Name: Self Managed

Lot Info

  • Lot Size: .25 to .5 AC
  • Zoning: RM-2-5
  • Assessor Parcel Number: 472-730-07-00
  • Estimated Lot Dimensions: 12558

Rental Info

  • Tenant Pays: Electricity, Gas/Propane, Water

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 102000
  • Gross Rent Multiplier Actual: 11.67
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Fireplaces: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 1500

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
07/01/2025 07/01/25 Sold $1,320,000 -5.6% --
06/03/2025 06/03/25 Pending -- -- --
05/28/2025 05/28/25 For Sale $1,399,000 -- --
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: 250028709

San Diego MLS