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4644 Tivoli St San Diego, CA 92107

3 Beds 4 Baths 2,451 sqft Built 1927

$1,750,000

List Price

$4,960

$4.7K - $5.2K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1927
  • Price/Sqft : $713.99
  • 2 Days on Market
  • MLS # : 200053876
  • Updated Date : 12/12/2020 at 18:44
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,451 sqft
  • Baths : 3 full , 1 half
Listing Agent

Paul Hartley Realty

Listing Agent's Description

Spectacular Sunset Cliffs Spanish-style one story home remodeled in 2013. 1927 charm thru-out with 9' ceilings, arched windows, dining rm built-in cabinets, hardwood floors, and Spanish tile roof. Enter the formal living room to find coved ceiling, sconces, an inviting fireplace flanked by mahogany trim built-in shelves and inlay trim in the oak floors. There are two en suite bedrooms; the master with window box, walk-in closet, and dressing area. 1 1/2 blocks to the Cliffs for daily serenity and sunsets!

SEE MORE

MARKET HIGHLIGHTS

  • Southern California has 58.7% labor force participation rate; within this area, Los Angeles metro has 62.3% labor force participation rate (USMayors.org, 2018)
  • Southern California's economy is worth $1.58 trillion in Gross Metro Product and projected to grow to $1.67 trillion (USMayors.org, 2018)
  • Headquarters to several Fortune 500 companies: Amgen, Farmers Insurance, Walt Disney, Avery Dennison, Activision Blizzard, CBRE Group, Edison International, Molina Healthcare, First American Financial, Pacific Life, Qualcomm and Sempra Energy (Fortune, 2018)
  • Southern California produces more technology PhDs per year than any other region in the country and many of the higher educated students stay within Souther California contributing to readily available workforce skills making the area more attractive than Silicon Valley (BCG, 2018)
  • As part of Southern California area, San Diego market inherits all the benefits from the area.
  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 2018)
  • The area has major technology nodes of excellence: Los Angeles (Media and entertainment); Pasadena (High-tech engineering, data analytics); Riverside (Agtech, transportation/ distribution); San Diego (Healthcare, biotech, wireless communications); Irvine (Medtech, cyber security); El Segundo (Aerospace and defense IT, space transport) [BCG, 2018]

PRICE & RENT TRENDS

Neighborhood: Sunset Cliffs

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300k1400kPrice in $233k1469k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Sunset Cliffs

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q218002000220024002600280030003200340036003800400042004400Rent in $16274567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Sunset View Elementary School Primary Regular 470 18 10
Correia Middle School Middle Regular 838 32 7
Point Loma High School High Regular 1,880 79 8

Sunset View Elementary School

  • Education Level: Primary
  • # of students: 470
  • # of teachers: 18
10
GreatSchools Rating

Correia Middle School

  • Education Level: Middle
  • # of students: 838
  • # of teachers: 32
7
GreatSchools Rating

Point Loma High School

  • Education Level: High
  • # of students: 1,880
  • # of teachers: 79
8
GreatSchools Rating
 

$1,575,000$1,925,000$1,750,000

PURCHASE PRICE

$4,464$5,456$4,960

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,960
EXPENSES Loan Payment -$6,457
Property Tax -$1,700
Property Insurance -$89
Property Management Fees -$129
CASH FLOW
-$3,415

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$1,750,000

PROJECTED PRICE

$4,960

PROJECTED RENT

0.28%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.41%
Appreciation Year (1-5) 5.1%
Maintenance Year (1-5) 8.00%
Vacancy 5.56%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$1.0M$2.0M$3.0M$4.0M$5.0M

PROJECTED ANNUAL CASH FLOW

11530-$50k-$40k-$30k-$20k-$10k$0.0$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$1.0M$2.0M$3.0M$4.0M$5.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$469,500

INVESTMENT

$469,500

Down Payment
$437,500
Rehab Estimate
$5,750
Closing Costs
$26,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$6,457

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $437,500
Loan Amount $1,312,500
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$140

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $5,257

    COMP ESTIMATED VALUE
  • $2.15

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,7503$5,600
$5,600
RENT COMPS ANALYSIS
  • 4644 Tivoli St San Diego, CA 1
    • 3 beds 4 baths ∙ 2,451 Sqft ∙ Built 1927 3 beds 4 baths ∙ 2,451 Sqft ∙ Built 1927
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2922 Qualtrough San Diego, CA 2
    • 4 beds 3 baths ∙ 2,476 Sqft ∙ Built 1940 4 beds 3 baths ∙ 2,476 Sqft ∙ Built 1940
    LEASED 05/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,750
    • $1.92
    •  
  • 427 San Remo Way San Diego, CA 3
    • 3 beds 3 baths ∙ 2,363 Sqft ∙ Built 1935 3 beds 3 baths ∙ 2,363 Sqft ∙ Built 1935
    LEASED 08/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,600
    • $2.37
    •  
PROPERTY LISTING DETAILS
Paul Hartley
1.619.222.7443
Paul Hartley Realty
BESbswy