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    4646 Home Ave

    San Diego, CA 92105
    • $1,025,000
    • STATUS: ACTIVE
    • ON SITE: 51 days
    • ID#: 210007366
    UPDATED: 47 min ago
    $1,025,000
    • 6
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,559
      SQFT
    • $401
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1985
    County:

    School Ratings & Info

    Description

    Back on Market! Was in escrow at $1,090,000 and appraised no conditions. Charming, turnkey and renovated 3u property in the City Heights submarket of San Diego. 4646 Home Ave underwent extensive renovations starting in 2019 and completing in 2020. Situated on an oversized lot, the property boasts spacious two bedroom units, with more than enough parking for all tenants including two 2-car garages. Each unit enjoys a mini storage room in the garage area where they have washer/dryer hook ups. The owner will also enjoy an added boost in income with RUBS currently implemented at the property. Finally, an ADU can be built in one of the two car garage spaces, providing a value add element to this stabilized asset.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/115363992
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    4646 Home Ave San Diego, CA 92105

    • Price: $1,025,000
    • Status: ACTIVE
    • Updated: 47 min ago
    • ID#: 210007366
    6
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,559
    SQFT
    $401
    $/SQFT
    1985
    Built
    Neighborhood:
    Azalea Park
    County:
    San Diego
    Area:
    East San Diego (92105)
    Property Description
    Back on Market! Was in escrow at $1,090,000 and appraised no conditions. Charming, turnkey and renovated 3u property in the City Heights submarket of San Diego. 4646 Home Ave underwent extensive renovations starting in 2019 and completing in 2020. Situated on an oversized lot, the property boasts spacious two bedroom units, with more than enough parking for all tenants including two 2-car garages. Each unit enjoys a mini storage room in the garage area where they have washer/dryer hook ups. The owner will also enjoy an added boost in income with RUBS currently implemented at the property. Finally, an ADU can be built in one of the two car garage spaces, providing a value add element to this stabilized asset.
    Exterior Features

    Exterior Wood/Stucco Fencing Partial Parking Spaces Total Unit1 0.0 Parking Spaces Total Unit2 0.0 Parking Spaces Total Unit3 0.0 Parking Spaces Total Unit4 0.0 Roof Composition Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Units With Garages 2 Units With Patios 0

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 3 Units With Dryers 3 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 0

    Property Features

    Actual Cap Rate 4.2 Age Restrictions N/K Annual Expense Actual 20890 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community City Heights Complex Park Charles Lewis Memorial Cross Streets Home And Menlo Gross Rent Multiplier Actual 15.6 Gross Scheduled Income Actual 65520 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Net Operating Income Projected 47903 Other Fees 0.0 Other Income Actual 210 Sales Restrictions Call Agent Security N/K Short Sale No Tenant Pays ElectricityGas/PropaneOther Fees Terms Conventional Unit1 Deposit 1999 Unit1 Occupied Tenant Unit1 Projected Rent 1900.0 Unit1 Rent Actual 1750.0 Unit2 Deposit 1999 Unit2 Occupied Tenant Unit2 Projected Rent 1900.0 Unit2 Rent Actual 1750.0 Unit3 Deposit 1750 Unit3 Occupied Tenant Unit3 Projected Rent 1900 Unit3 Rent Actual 1750.0 Zoning Rs 1-7

    Listing provided courtesy of The Browar Group. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101