Merdad Dashtizadeh

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North Park Listings

3693-3695 Bancroft
Metro Uptown San Diego 92104

$1,550,000
2-4 Units 5,908 sq. ft. built: 1925

Main Photo: NORTH PARK Property for sale: 3693-3695 Bancroft in San Diego
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Status:
Active
Prop. Type:
2-4 Units
MLS® Num:
190043259
Year Built:
1925
BEST area in trendy North Park! 4 classic Spanish Revival bungalows (1 duplex on Bancroft, 1 on Landis) in a quintessential tree-lined neighborhood blending the urban lifestyle with breweries, the farmer’s market, eateries and shops. Restored vintage interiors include the features tenants love...hardwood floors, large eat-in kitchens with built-in nooks, laundry rooms and fireplaces. RARE individual private fenced yards and garages! Draught tolerant low maintenance landscape with drip irrigation.
Total Floor Area:
5,908 sq. ft.
Lot Size:
4,000-7,499 SF
Number of Buildings:
3
Number of Units:
4
Year Built:
1925
Stories:
1 Story
Total Stories:
1
Market Area:
Metro Uptown
Community:
NORTH PARK
County:
San Diego
Neighborhood Code:
North Park
Name of Complex/Subdivision:
None
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Electricity, Gas/Propane
Projected net operating income:
68991
Other income:
0
Annual expense actual:
18595
Projected annual expense:
21968
Cap Rate.:
4.05
Projected Cap Rate.:
4.45
Gross Rent Multiplier:
19.05
Projected Gross Rent Multiplier:
17.04
Gross scheduled income:
81360
Projected gross scheduled income:
90960
Unit Number for Unit 1:
3693
Finished Area for Unit 1:
566 sq. ft.
Bedrooms for Unit 1:
1
Number of bathrooms for Unit 1:
1
Full Bathrooms for Unit 1:
1
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
1695.0
Total Rent for Unit 1:
1695.0
Projected Rent for Unit 1:
1895.0
Total Garage Spaces for Unit 1:
1
Garage for Unit 1:
Assigned, Detached
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Yes
Unit Number for Unit 2:
3695
Finished Area for Unit 2:
566 sq. ft.
Bedrooms for Unit 2:
1
Number of bathrooms for Unit 2:
1
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
1695.0
Total Rent for Unit 2:
1695.0
Projected Rent for Unit 2:
1895.0
Total Garage Spaces for Unit 2:
1
Garage for Unit 2:
Assigned, Detached
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
Yes
Unit Number for Unit 3:
3255
Finished Area for Unit 3:
566 sq. ft.
Bedrooms for Unit 3:
1
Number of bathrooms for Unit 3:
1
Full Bathrooms for Unit 3:
1
Half Bathrooms for Unit 3:
0
Deposit for Unit 3:
1695.0
Total Rent for Unit 3:
1695.0
Projected Rent for Unit 3:
1895.0
Total Garage Spaces for Unit 3:
1
Garage for Unit 3:
Assigned, Detached
Unit 3 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 3:
Yes
Unit Number for Unit 4:
3257
Finished Area for Unit 4:
566 sq. ft.
Bedrooms for Unit 4:
1
Number of bathrooms for Unit 4:
1
Full Bathrooms for Unit 4:
1
Half Bathrooms for Unit 4:
0
Deposit for Unit 4:
1695.0
Total Rent for Unit 4:
1695.0
Projected Rent for Unit 4:
1895.0
Total Garage Spaces for Unit 4:
1
Garage for Unit 4:
Assigned, Detached
Unit 4 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 4:
Yes
Historic Consultant Vonn Marie May says these are a good candidate for the Mills Act for significant tax savings! Rents are below market offering upside for new owner.
Landis
Site Influences:
Alley Access, Corner Lot, Curbs
Exterior Features:
Stucco
Cooling:
None
Heating:
Wall/Gravity
Heating fuel:
Natural Gas
Irrigation:
Automatic, Drip
Number of Units with Cooling:
0
Number of Units with Dishwashers:
0
Number of Units with Dryers:
2
Number of Units with Fireplaces:
4
Number of Furnished Units:
0
Number of Units with Garages:
4
Number of Units with Patios:
4
Number of Units with Range/Oven:
4
Number of Units with Refrigerators:
4
Number of Units with Washers:
2
Roof:
Rolled/Hot Mop, Tile
Sewer Septic:
Sewer Connected
Water Heater Type:
Gas, Tankless, Other/Remarks
Water supply:
Meter on Property
Security:
Other/Remarks
Fencing:
Partial
Short Sale:
No
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional, Exchange
Parcel Number:
446-511-01-00
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Larger map options:
Listed by Klein Real Estate
Data was last updated August 22, 2019 at 05:10 PM (UTC)
Area Statistics
Listings on market:
85
Avg list price:
$945,000
Min list price:
$459,000
Max list price:
$2,875,000
Avg days on market:
56
Min days on market:
5
Max days on market:
469
Avg price per sq.ft.:
$163.69
These statistics are generated based on the current listing's property type and located in Metro Uptown. Average values are derived using median calculations.