NOT LISTED FOR SALE

951 Georgia St Imperial Beach, CA 91932

10 Beds
8 Baths
4,600 Sq Ft
6,969 Sq Ft Lot

Last Sold December 16, 2015

Last sale price $870,000 $189 Per Sq Ft

11 Days on Market

About This Home

As of December 2015

This is a fantastic rental opportunity or a potential live in front and rent in back situation! 4 total units in 2 buildings, the front home is a detached 4 bedroom, 2 bath home that is approx. 1300 square feet. The home has had quite a bit of work done & would be a great place to live while still collecting rent from the 3 other units. Those 3 units are in 1 building and are all 2 story, 2 bedroom, 2 bath & approx. 1,100 square feet each. A large carport makes up the ground floor of that rear building. Public record info provided by 3rd party. Agent has not verified public records, including but not limited to permits, lot size, # of rooms, age of home, zoning, use of property or square footage. Buyer to assume investigation of public records.

Last Agent to Sell the Property

Tony Elias

Compass License #01305085 Listed on: 11/17/2015

Compass

Last Buyer's Agent

Tony Elias

Compass License #01305085 Listed on: 11/17/2015

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,969 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Schools

  • Sweetwater Union High School District Middle School
  • Sweetwater Union High School District

Additional Features

  • 2-Story Property
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 627-132-04-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $51,168

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Elder Ave
  • Neighborhood: Imperial Beach
  • Supplement: Public record info provided by 3rd party. Agent has not verified public records, including but not limited to permits, lot size, # of rooms, age of home, zoning, use of property or square footage. Buyer to assume investigation of public records.
  • LP / Sq Ft: 213.5
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Total Stories: 2
  • Year Built: 1979
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Prkng Non Garage Spac U3: 2
  • Prkng Non Garage Spac U4: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Water: Meter on Property

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: IMPERIAL BEACH

Schools

  • School District URL: http://www.suhsd.k12.ca.us/
  • High School: Sweetwater Union High School District
  • Middle School Url: http://www.suhsd.k12.ca.us/
  • Middle School: Sweetwater Union High School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Zoning: R3
  • Assessor Parcel Number: 627-132-04-00
  • Land Use Code: MFD
  • Estimated Lot Sq Ft: 6969
  • Estimated Number of Acres: 0.16

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 51168
  • Annual Expense Actual: 11532
  • Gross Rent Multiplier Actual: 14.35
  • Gross Rent Multiplier Projected: 14.28
  • Gross Sched Income Actual: 62700
  • Gross Sched Income Projected: 63000
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

Range of Values:

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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
12/16/2015 12/16/15 Sold $870,000 -3.3% $189 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
11/13/2015 11/13/15 For Sale $899,900 -- $196 / 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: 150061380

San Diego MLS

APN: 627-132-04-00