$1,625,000
SOLD MAR 8, 2025
12 Beds
4 Baths
3,774 Sq Ft
5,001 Sq Ft Lot

Recently Sold

$431 Per Sq Ft

10% Below List Price

192 Days on Market

Highlights

  • Quartz Countertops
  • Laundry Room
  • Rectangular Lot
  • No HOA
  • Ceiling Fan
  • Heating System Uses Natural Gas

About This Home

As of March 2025

New price. Great investment opportunity. Current leases generating $11,560/month in actual rents. Fully renovated interiors, well maintained 4-unit complex. Each unit is 950 sqft with 3-bedroom, 1-bath. New laminate wood flooring. Spacious bedrooms filled with natural light and plenty of closet space. Beautiful kitchens with refrigerator, built in microwave, and range included. Community laundry room. Close to highways 15 and 805, and Route 94, providing easy access to Downtown San Diego, Coronado, and Little Italy. Lots of parking. High demand area for housing.

Last Agent to Sell the Property

Peter Mccormick

USA Veterans Real Estate and Mortgage Company Brokerage Phone: 808-497-5690 License #01925536

Last Buyer's Agent

Berk Akcal

eXp Realty of California, Inc. License #02092857

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Home Design

  • Quadruplex

Interior Spaces

  • 3,774 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Quartz Countertops

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway

Location

  • Suburban Location

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 7 / 7
  • Tax Tract Number 1925
  • Assessor Parcel Number 4762410600
  • $44 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • East San Diego Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,578
  • Operating Expense $15,519
  • Net Operating Income $123,201

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 412250
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: East San Diego
  • View: No
  • Zoning: CUPD-C-1-1
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4762410600
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Quartz Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 430.58

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Natural Gas
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5001.00
  • Lot Size Acres: 0.1148

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average3 Bed Area: 950 Square Feet
  • Gross Scheduled Income: 138720.00
  • Insurance Expense: 1578.00
  • Lot Size Area: 5001.0000 Square Feet
  • Net Operating Income: 123201.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 15519.00
  • Rent Control: No
  • Total Actual Rent: 11560.00
  • Total Expenses: 15519.00

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 27.09
  • Tax Lot: 7
  • Tax Tract Number: 1925
  • TaxOtherAnnualAssessmentAmount: 44.00

Map

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
03/08/2025 03/08/25 Sold $1,625,000 -1.5% $431 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
12/12/2024 12/12/24 Price Changed $1,649,000 -90.0% $437 / Sq Ft
12/12/2024 12/12/24 Price Changed $16,490,000 +870.0% $4,369 / Sq Ft
09/23/2024 09/23/24 Price Changed $1,700,000 -5.6% $450 / Sq Ft
07/22/2024 07/22/24 For Sale $1,800,000 +80.0% $477 / Sq Ft
01/27/2020 01/27/20 Sold $1,000,000 +0.1% $263 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
12/10/2019 12/10/19 For Sale $999,000 +51.4% $263 / Sq Ft
05/28/2013 05/28/13 Sold $660,000 -2.9% --
04/08/2013 04/08/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $680,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24150720

California Regional Multiple Listing Service (CRMLS)

APN: 476-241-06-00