NOT LISTED FOR SALE

6206 Brooklyn Ave Unit 8 San Diego, CA 92114

Encanto Neighborhood
8 Beds
4 Baths
2,940 Sq Ft
6,098 Sq Ft Lot

Last Sold June 29, 2012

Last sale price $412,000 $140 Per Sq Ft

4 Days on Market

About This Home

As of June 2012

Great opportunity for passive income producer. NOI based on current operating budget, 11% cash on cash at 75% LTV before principal reduction. Units were rented as high as $1200 under section 8. Wall to wall tile, updated kitchens, baths and windows. Gated building with low maintenance.

Last Agent to Sell the Property

Jared Nelson

Compass License #01380018 Listed on: 05/03/2012

Compass

Co-Listed By

Jeremy Lock

Keller Williams San Diego Metro License #01385802

Last Buyer's Agent

Abraham Ziegler

Real Estate Online License #01868531

Property Details

Home Type

  • Multi-Family

Year Built

  • 1955

Lot Details

  • Gated Home
  • Property is Fully Fenced

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Bars

Utilities

  • Gas Water Heater

Community Details

  • 4 Units
  • Net Operating Income $31,648

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, fees
  • Assessor Parcel Number 543-232-28-00

Property Details

Home Type

Multi-Family

Year Built

1955

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Central
  • Cross Street: 60th
  • Neighborhood: San Diego
  • LP / Sq Ft: 144.56
  • Price Per Sq Ft: 140.14
  • SP/ Sq Ft: 140.14
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Unit Sq Ft: 2940
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Exterior Features

  • Fencing: Full, Gate
  • Roof: Composition

Utilities

  • Security: Security Bars
  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: SOUTH SD

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 543-232-28-00
  • Land Use Code: MFD

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Other Fees

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 31648
  • Annual Expense Actual: 16575
  • Annual Expense Projected: 16575
  • Gross Rent Multiplier Actual: 8.37
  • Gross Rent Multiplier Projected: 7.66
  • Gross Sched Income Actual: 50760
  • Gross Sched Income Projected: 55500
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 3000
  • Other Income Projected: 3000

Range of Values:

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Average Value
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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
06/29/2012 06/29/12 Sold $412,000 -3.1% $140 / Sq Ft
05/06/2012 05/06/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $425,000 -- $145 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jared Nelson

    Seller's Agent in 2012

    Jared Nelson

    Compass

    (619) 261-5524

    76 Total Sales

    Jared Nelson
    Section Image

  • J

    Seller Co-Listing Agent in 2012

    Jeremy Lock

    Keller Williams San Diego Metro

    Section Image
  • Abraham Ziegler

    Buyer's Agent in 2012

    Abraham Ziegler

    Real Estate Online

    (619) 332-6619

    9 Total Sales

    Abraham Ziegler
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 120022734

San Diego MLS

APN: 543-232-28-00

California San Diego County San Diego 92114 Encanto

6206 Brooklyn Ave Unit 8, San Diego, CA

This home is located at 6206 Brooklyn Ave Unit 8, San Diego, CA 92114 since 03 May 2012. This property was built in 1955. 6206 Brooklyn Ave Unit 8 is a home located in San Diego County with nearby schools including Encanto Elementary School, Millennial Tech Middle School, and Lincoln High School.

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