NOT LISTED FOR SALE

703 Dewey St Unit 11 San Diego, CA 92113

Logan Heights Neighborhood
6 Beds
3 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold December 04, 2012

Last sale price $385,000

54 Days on Market

Highlights

  • Property is Fully Fenced
  • Level Lot
  • Wood Siding

About This Home

As of December 2012

Wow!!! Three 2BR/1BA units in a great area of Barrio Logan, walking distance to restaurants, the park, churches, schools, just east of I-5 freeway. These units are constantly rented to long term tenants. Here is the layout of the property: a 2BR/1BA house, and a duplex with one upper unit 2BR/1BA and one lower unit 2BR/1BA. Between the buildings is an open garden area shared by the tenants. There are no garages, but plenty of off-street parking. There may be upside on the rental amounts of $1200/unit per month. If so, the gross income is $43,200/year. The long time owner has decades of maintenance and records. They will consider some seller financing too.

Last Listed By

George Lorimer

ProWest Properties License #01146839 Listed on: 09/07/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Lot Details

  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 538-320-27-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $25,920

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Central
  • Cross Street: Julian
  • Neighborhood: Logan Heights
  • Supplement: There may be upside on the rental amounts of $1200/unit per month. If so, the gross income is $43,200/year. The long time owner has decades of maintenance and records. They will consider some seller financing too.
  • Sale Price List Price: 1.01
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: SAN DIEGO

Schools

  • School District URL: https://www.sandiegounified.org/

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: 4
  • Assessor Parcel Number: 538-320-27-00
  • Land Use Code: 2

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 25920
  • Annual Expense Actual: 8640
  • Gross Rent Multiplier Actual: 11.52
  • Gross Sched Income Actual: 34560
  • Number Of Buildings: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

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
12/04/2012 12/04/12 Sold $385,000 -3.3% --
10/31/2012 10/31/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $398,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • George Lorimer

    Seller's Agent in 2012

    George Lorimer

    ProWest Properties

    (619) 846-1244

    108 Total Sales

    George Lorimer
    Section Image

  • M

    Buyer's Agent in 2012

    Margie Anderson

    Pacific Real Estate Center

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Map

Source: San Diego MLS

MLS Number: 120045505

San Diego MLS

APN: 538-320-27-00

California San Diego County San Diego 92113 Logan Heights

703 Dewey St Unit 11, San Diego, CA

Homes for Sale in San Diego, CA

This home is located at 703 Dewey St Unit 11, San Diego, CA 92113 since 07 September 2012. This property was built in 1925. 703 Dewey St Unit 11 is a home located in San Diego County with nearby schools including Burbank Elementary School, Logan Memorial Educational Campus, and King-Chavez Academy Of Excellence.

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