San Diego 2-4 Units Qtr Report – 3rd Quarter 2016

The 2016 San Diego 2-4 Units 3rd Quarter Report (Jul 1 – Sep 30, 2016) consists of the following data/charts. SECOND QUARTER 2016 VS Third QUARTER 2016 PRICES When assessing the price changes from the second quarter compared to the first quarter, it's an evident mixed bag of increases and decreases. Even the median and average figures are conflicting when you look at the 2-4 unit market as a … [Read more...]

Should I Renovate Before I Sell?

A very common debate that San Diego 2-4 unit property owners have is whether or not to renovate their property right before selling in order to yield a higher net profit. Should I renovate before I sell? If you're thinking of selling your duplex, triplex, or fourplex, you may be better off selling the property in its current condition than investing thousands of dollars in renovations. This may … [Read more...]

Sell your home to buy a duplex, triplex, fourplex?

We often are asked, does it make sense to sell your home to buy a duplex, triplex, fourplex?The answer is not the same for every homeowner, but it may be right for you. Why would a homeowner consider such a move you ask? Here are some common reasons along with some notes to consider: The homeowner is looking to offset the cost of a mortgage with supplemental rental income: There are … [Read more...]

San Diego 2-4 Units Qtr Report – 1st Quarter 2016

The 2016 San Diego 2-4 Units 1st Quarter Report (Jan 1 – Mar 31, 2016) consists of the following data/charts. Fourth Quarter 2015 VS First QUARTER 2016 PRICES The entire category experienced a nice rebound in price increases since the previous quarter. This is fairly consistent with first quarters of the year since 4th quarters have had a tendency to be lower performing … [Read more...]

2 San Diego Triplexes For Sale! Adjacent Properties!

4734 Guymon St, San Diego CA, 92102 List price: $475,000 This property is 3 units and the neighboring 3 unit property is for sale as well (4744 Guymon St). Purchase just one property or both for 6 units total! Just minutes from downtown! Well-maintained properties with long term tenants Owner did numerous renovations throughout the years Rarely vacant, units rent very … [Read more...]

San Diego 2-4 Units Qtr Report – 4th Quarter 2015

The 2015 San Diego 2-4 Units 4th Quarter Report (Oct 1 – Dec 31, 2015) consists of the following data/charts. Third QUARTER 2015 VS Fourth QUARTER 2015 Prices There was a price decrease in nearly every segment of the San Diego 2-4 units category. This is a contrast to the robust growth we've seen in every quarter this year. This fourth quarter shows an overall reduction of price by 8 … [Read more...]

JUST SOLD: Represented Buyer – Pacific Beach Triplex

1628-30 1/2 Chalcedony St.  -   Price: $1,200,000    -  Units: 3 Features: Turnkey condition, high quality tenants, prime location, upside potential, onsite laundry, spacious lot, alley access, recent renovation. We just recently helped a buyer of this turnkey, beautiful triplex in the Pacific Beach area. The whole property was completely remodeled in recent years including expensive … [Read more...]

San Diego 2-4 Units Qtr Report – 3rd Quarter 2015

The 2015 San Diego 2-4 Units 3rd Quarter Report (July 1 – September 30, 2015) consists of the following data/charts. THIRD QUARTER 2015 VS SECOND QUARTER 2015 This third quarter's sold prices of San Diego 2-4 units showed a mixed bag of growth compared to the previous quarter. Overall as a category, San Diego 2-4 units prices increased compared to last quarter.   YTD … [Read more...]

VA Loans to Buy Duplexes – NO MONEY DOWN!

Did you know that you can purchase 2-4 unit properties with a VA loan? That means all the great features of VA loans also apply to buying duplexes, triplexes, and fourplexes! That includes 100% financing, NO MONEY DOWN! If you are a veteran, we can help you purchase a great home that can also function as an excellent rental property. Call us at (858) 449-1253 to learn more about available … [Read more...]

San Diego 2-4 Units Quarter Report – 2nd Quarter 2015

The 2015 San Diego 2-4 Units Quarter Report (April 1 – June 30, 2015) consists of the following data/charts. SECOND QUARTER 2015 VS FIRST QUARTER 2015 Prices continue to rise in this quarter and the growth is fairly strong. Collectively, the price increase is strong for just one quarter.   YTD 2014 VS. YTD 2015 AVERAGE AND MEDIAN SALES PRICE Year to date, the price … [Read more...]