NOT LISTED FOR SALE

661 49th St San Diego, CA 92102

Chollas View Neighborhood
6 Beds
3 Baths
2,400 Sq Ft
10,000 Sq Ft Lot

Last Sold January 14, 2019

Last sale price $745,000 $310 Per Sq Ft

36 Days on Market

Highlights

  • Partially Fenced Property
  • 1-Story Property
  • 2-minute walk to Hawk Pocket Park
  • Level Lot

About This Home

As of January 2019

Excellent turn-key 3 unit property located in newly revitalized community of San Diego, Chollas Creek. Each unit is a 2 bedroom, 1 bath. Newly remodeled with new flooring, window treatments and exterior painting. Large over-sized lot with a duplex and a stand-alone building making this ideal for an owner-occupied investment property. Off Street parking, quiet street, close to schools, park and Chollas Creek. Value Add with rents going up in this rental market.

Last Agent to Sell the Property

Paula Pramschuefer

Melroy Investments Inc License #00990310 Listed on: 07/02/2018

Last Buyer's Agent

Denny Lai

IRN REALTY License #01979553

IRN REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 10,000 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
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 547-083-03-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $46,190

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Guymon St
  • Neighborhood: Chollas Creek
  • LP / Sq Ft: 16.05
  • Stories: 1 Story
  • Sale Price List Price: 0.94
  • Total Stories: 1
  • Year Built: 1966
  • Allow Comments Review: No
  • Internet Address Field: Partial Address
  • Internet Syndication Y N: Yes
  • 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
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: EAST SAN DIEGO
  • Manager Name: Melroy Prop Mgmt
  • Manager Phone: 858-483-5111

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Curbs, Public Street, Rear Yd Str Access, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 547-083-03-00
  • Estimated Lot Sq Ft: 10000
  • Water District URL: http://www.ci.san-diego.ca.us/water

Rental Info

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

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 46190
  • Annual Expense Actual: 11900
  • Annual Expense Projected: 12200
  • Gross Rent Multiplier Actual: 13.4
  • Gross Rent Multiplier Projected: 12.6
  • Gross Sched Income Actual: 59280
  • Gross Sched Income Projected: 63000
  • Number Of Buildings: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

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
01/14/2019 01/14/19 Sold $745,000 -6.3% $310 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $795,000 +109.2% $331 / Sq Ft
08/29/2014 08/29/14 Sold $380,000 0.0% $170 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $380,000 -- $170 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Paula Pramschuefer

    Melroy Investments Inc

    Section Image

  • D

    Buyer's Agent in 2019

    Denny Lai

    IRN REALTY

    (626) 447-5100

    3 Total Sales

    Section Image
  • Tony Tapia

    Seller's Agent in 2014

    Tony Tapia

    Empire Real Estate Consultants

    (619) 250-1123

    23 Total Sales

    Section Image
  • Corina Culver

    Seller Co-Listing Agent in 2014

    Corina Culver

    Empire Real Estate Consultants

    (619) 250-1123

    12 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 180036088

San Diego MLS

APN: 547-083-03-00

California San Diego County San Diego 92102 Chollas View

661 49th St, San Diego, CA

This home is located at 661 49th St, San Diego, CA 92102 since 02 July 2018. This property was built in 1966. 661 49th St is a home located in San Diego County with nearby schools including Horton Elementary School, Millennial Tech Middle School, and Lincoln High School.

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