NOT LISTED FOR SALE
6 Beds
4 Baths
2,570 Sq Ft
6,782 Sq Ft Lot

Last Sold May 11, 2023

Last sale price $1,250,000 $486 Per Sq Ft

6 Days on Market

About This Home

As of May 2023

Great opportunity for owner user/ investment or development. Located within the Transit Priority Area! Ocean breezes and views from this multi unit property. Near USD for great rental opportunity. The main house #6747: Consider as a 4br/3ba one unit home, currently used as 3br/2ba house (approx 1,400 sqft.) and a 1br/1ba attached guest suite (approx 420 sqft.) with its own separate entry, kitchenette, recent flooring and private covered patio and yard. Main house has a nice courtyard entry, some ocean views from the living room and kitchen area, recent laminate floors, tile in kitchen, sky lights, updated baths, private yard, and an attached 2 car garage! The front house is a 2bd/1ba approx. 750 sqft. with it's own private yard, updated kitchen and bath, dual pane windows and good size bedrooms. All units are under market rent due to long term quality tenants. All units are currently month to month.  Shown with accepted offer only. Please do not disturb tenants. Thank you! Please call for additional information or any questions. Buyer(s)/Agent to verify all information, dimensions, permits, Zoning, Units, and sqft.

Last Agent to Sell the Property

Joe Mclaughlin

Compass License #01323810 Listed on: 04/14/2023

Compass

Last Buyer's Agent

L.Fordyce&M.Murano

Century 21 Real Estate Alliance Inc License #70000735

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,782 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 431-512-19-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $45,916

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Drescher
  • Neighborhood: Linda Vista
  • LP / Sq Ft: 20.83
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1959
  • 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: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: LINDA VISTA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 431-512-19-00
  • Estimated Lot Sq Ft: 6782
  • Estimated Number of Acres: 0.17
  • Map Code Column: J
  • Map Code Page: 1268
  • Map Code Row: 1

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 45916
  • Annual Expense Actual: 19724
  • Annual Expense Projected: 19724
  • Gross Rent Multiplier Actual: 17.0
  • Gross Sched Income Actual: 65640
  • Gross Sched Income Projected: 80400
  • Number Of Buildings: 2
  • Number Of Furnished Units: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

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
05/11/2023 05/11/23 Sold $1,250,000 0.0% $486 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $1,250,000 -- $486 / 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: 230006827

San Diego MLS