NOT LISTED FOR SALE
6 Beds
3 Baths
2,600 Sq Ft
1960 Built

Last Sold July 01, 2019

Last sale price $607,000 $233 Per Sq Ft

22 Days on Market

About This Home

As of July 2019

3 units with the possibility to build a 4th. Large lot. live in one and rent the others. Each unit under $200,000 and each with tremendous potential.

Last Agent to Sell the Property

Francisco Lopez

LPT Realty,Inc License #01859105 Listed on: 04/30/2019

LPT Realty,Inc

Last Buyer's Agent

Leslie Duvernay

Compass License #01936896

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • Gated Home
  • Cross Fenced
  • Partially Fenced Property

Home Design

  • Tar and Gravel Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 544-221-02-00

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • N/K Community

Building Details

  • Net Operating Income $2,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: 67th
  • Neighborhood: Encinitas
  • LP / Sq Ft: 170.0
  • Stories: 1 Story
  • Sale Price List Price: 1.02
  • Total Stories: 1
  • Year Built: 1960
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Cross Fencing, Gate, Partial
  • Roof: Composition, Rock/Gravel

Condo/Co-op/Association

  • Complex Name: n/k
  • Community: ENCINITAS

Lot Info

  • Lot Size: .25 to .5 AC
  • Assessor Parcel Number: 544-221-02-00

Rental Info

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

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 2000
  • Annual Expense Actual: 5000
  • Annual Expense Projected: 1100
  • Gross Rent Multiplier Actual: 14.16
  • Gross Rent Multiplier Projected: 11.01
  • Gross Sched Income Actual: 3500
  • Gross Sched Income Projected: 4500
  • Number Of Buildings: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Range of Values:

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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
07/01/2019 07/01/19 Sold $607,000 +2.0% $233 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $595,000 -- $229 / 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: 190023300

San Diego MLS