NOT LISTED FOR SALE
12 Beds
4 Baths
3,708 Sq Ft
0.33 Acres

Last Sold March 28, 2024

Last sale price $1,850,000 $499 Per Sq Ft

9 Days on Market

Highlights

  • 14,422 Sq Ft lot
  • Gated Home
  • 4-minute walk to Kelly Street Neighborhood Park

About This Home

As of March 2024

6515-21 Kelly St is a four unit investment property in the Linda Vista submarket of San Diego. All four units are 3BR/1BA townhome style units with long term tenants that have taken great care of the property. Roof, Plumbing & Electrical have all been replaced/upgraded in the last few years. Each unit also has the luxury of multiple off street parking spaces. This property sits on a 14,422 square foot lot with a lot of underused square footage for development. The lots confides within Tier 4 of Complete Communities & is also located in the Transit Priority Areas. Linda Vista is centrally located, with easy access to major highways and freeways, including Interstate 8, which connects it to downtown San Diego, Mission Valley, and other nearby areas. This accessibility makes it a popular choice for those who need to commute to various parts of San Diego.

Last Agent to Sell the Property

Ryan Merriken

Nara Advisors, Inc. License #02147674 Listed on: 01/09/2024

Last Buyer's Agent

Ryan Merriken

Nara Advisors, Inc. License #02147674 Listed on: 01/09/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.33 Acre Lot
  • Gated Home

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 431-390-03-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Tait St
  • Neighborhood: Linda Vista
  • Stories: 2 Story
  • Sale Price List Price: 0.95
  • Total Stories: 2
  • Year Built: 1940
  • 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: Wood/Stucco
  • Fencing: Gate
  • Roof: Composition

Condo/Co-op/Association

  • Community: LINDA VISTA

Lot Info

  • Lot Size: .25 to .5 AC
  • Assessor Parcel Number: 431-390-03-00
  • Estimated Lot Sq Ft: 14422

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Annual Expense Actual: 9950
  • Annual Expense Projected: 46080
  • Gross Rent Multiplier Actual: 28.41
  • Gross Rent Multiplier Projected: 11.28
  • Gross Sched Income Actual: 68640
  • Gross Sched Income Projected: 172800
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 1

Range of Values:

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Average Value
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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 Change Sq Ft Price
03/28/2024 03/28/24 Sold $1,850,000 -5.1% $499 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $1,950,000 -- $526 / 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: 240000631

San Diego MLS