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Listing 4 out of 1,239
Sold for $805,000 Sold

4517-4519 Arizona
San Diego, CA 92116

2 units | Multi Family 2-4 - MLS# 190032209
Property Photo

Sold

Sold for $805,000 on Aug 5, 2019

Description

Priced to sell! 2 detached homes!! 2/1 and 1+/1.5 in back. Homes are elevated to enjoy treetop, scenic city views and ocean breezes! A rare find in this wonderful neighborhood! Fantastic location in the hip University Heights /North Park area filled with great restaurants, craft breweries & parks. Two detached homes for less than the cost of 2 condos and no HOA's ! Enjoy 2 homes by using the rental income to qualify for your purchase. Enjoy one and rent the other! Why pay rent when you don't have to?

Features

  • Property Type: Multi Family 2-4
  • Sub Type: Multi Family 2-4
  • Listing Status: Sold
  • Listing Price: $795,000
  • County/Area: San Diego County
  • Zip Code: 92116
  • Year Built: 1926
  • Subdivision/Neighborhood: North Park
  • Units: 2 units
  • View: Parklike
  • # Units w/Dishwashers: 1
  • # of Buildings: 2
  • # of Units w/Dryers: 2
  • # of Units w/Patios: 1
  • # of Units w/Range/Oven: 2
  • # of Units w/Refrigerator: 2
  • # of Units w/Washers: 2
  • Annual Expense Actual: 2000
  • Cap Rate Actual: 5
  • Cap Rate Projected: 6
  • Community: University Heights
  • Fencing: Full
  • Gross Rent Multiplier Act: 39
  • Gross Rnt Multiplier Proj: 17
  • Gross Sched Income Actual: 21540
  • Gross Sched Income Proj.: 51540
  • Heat Equipment: Wall/Gravity
  • Listing Area: NORMAL HEIGHTS (92116)
  • Lot Description: Alley Access, Public Street, Street Paved
  • Lot Size Area: 1-3, 999 SF
  • Parking Non-Garage Unit 1: Uncovered
  • Parking Non-Garage Unit 2: Uncovered
  • Pets: Yes
  • Sewer/Septic: Sewer Connected
  • Siding: Stucco
  • Telecommunications: Cable (coaxial)
  • Tenant Pays: Water, Cable TV, Electricity, Gas/Propane
  • Terms: Cash, Conventional
  • Topography: Slope Gentle
  • Unit # for Unit 1: 4517
  • Unit # for Unit 2: 4519
  • Unit 1 # Bedrooms: 2
  • Unit 1 # Total Baths: 1
  • Unit 1 # of Full Baths: 1
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Projected Rent: 2500
  • Unit 2 # Bedrooms: 1
  • Unit 2 # Total Baths: 2
  • Unit 2 # of Full Baths: 1
  • Unit 2 # of Half Baths: 1
  • Unit 2 Deposit: 1795
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Projected Rent: 2300
  • Unit 2 Rent Actual: 1795
  • Water: Meter on Property
  • Water Heater Type: Tankless
  • Sold Price: 805000
  • Sold Date: 2019-08-05
Courtesy of Hacienda Realty

 

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