NOT LISTED FOR SALE

1121 Colusa St San Diego, CA 92110

Morena Neighborhood

Estimated Value: $1,209,000 - $1,391,710

3 Beds
3 Baths
1,400 Sq Ft
$919/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $1,099,000 $785 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,942/month

23 Days on Market

Highlights

  • 1-Story Property
  • Property is Fully Fenced
  • Gentle Sloping Lot

About This Home

As of May 2022

Rare opportunity to develop this single family lot near the University of San Diego located within Complete Communities and in the Morena Corridor Specific Plan, an area being revitalized quickly near 2 trolley stops. Perfect for you if are looking for a development opportunity in Complete Communities with a FAR of 4.0, max building size of 20,000sqft 2) income property with 2 strong rentable units near USD 3) looking for a 2-bedroom, 2-bathroom home with a separate 1-bedroom unit, formerly a garage, to live in now with the dream of developing later. A design for a 9-story, 40 micro-unit building with bay-view potential is in hand. Note: Only one single family home has been listed for sale in the "Dog Patch" neighborhood in the last 12 months.

Last Agent to Sell the Property

David Kurniadi

The Kurniadi Group License #01792528 Listed on: 03/28/2022

Last Buyer's Agent

Angelo La Bruna

Apartment Realty Group (ARG) License #01991625

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,087

Year Built

  • 1945

Lot Details

  • Property is Fully Fenced
  • Gentle Sloping Lot

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for water, electricity, gas/propane
  • Assessor Parcel Number 436-591-04-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $17,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,087

Year Built

1945

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro
  • Cross Street: Linda Vista Road
  • Neighborhood: Morena Corridor Specific Plan
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1945

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Water: Meter on Property

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Slope Gentle
  • Assessor Parcel Number: 436-591-04-00

Rental Info

  • Tenant Pays: Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 17900
  • Gross Rent Multiplier Actual: 31.0
  • Gross Rent Multiplier Projected: 23.5
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 20, 2022
Sold by
Moga Claire
Bought by
Crawford Michael
Seller's Agent
David Kurniadi
The Kurniadi Group
Buyer's Agent
Angelo La Bruna
Apartment Realty Group (ARG)
List Price
$1,099,000
Sold Price
$1,099,000
Current Estimated Value
$1,286,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,678
Avg. Annual Appreciation
4.70%
Original Mortgage
$1,131,750
Outstanding Balance
$1,072,694
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$213,984

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 19, 2022
Sold by
Jv Hirudinea
Bought by
Crawford Michael
Seller's Agent
David Kurniadi
The Kurniadi Group
Buyer's Agent
Angelo La Bruna
Apartment Realty Group (ARG)
List Price
$1,099,000
Sold Price
$1,099,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,131,750
Outstanding Balance
$1,072,694
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$213,984

Purchase Details

Closed on
Sep 23, 2020
Sold by
Thieu Andy Liem and Truong Thuy Thi
Bought by
Kurniadi David and Kurniadi Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2017
Sold by
Falls Carol
Bought by
Falls Jason

Purchase Details

Closed on
Jul 26, 2017
Sold by
Falls Caitlin
Bought by
Falls Vincent A

Purchase Details

Closed on
Jul 19, 2017
Sold by
Buvel Janice and Falls Jason
Bought by
Thieu Andy Liem and Truong Thuy Thl

Purchase Details

Closed on
Jun 2, 2017
Sold by
Buvel Janice and Falls Jason
Bought by
Buvel Janice and Falls Jason

Purchase Details

Closed on
Jun 22, 2016
Sold by
Falls Jason
Bought by
Falls Jason

Purchase Details

Closed on
Mar 20, 2014
Sold by
Gates Kevin P
Bought by
Coronado 905 Llc

Purchase Details

Closed on
Mar 12, 2013
Sold by
Mckinny John B and The Mckinny Family Trust
Bought by
Gates Kevin P

Purchase Details

Closed on
Oct 12, 2007
Sold by
Falls Joe and Falls Lois Raye
Bought by
Buvel Janice and Falls Jason

Purchase Details

Closed on
Dec 16, 2005
Sold by
Mckinny John B and Mckinny Family Trust
Bought by
Mckinny John B and Mckinny John B

Purchase Details

Closed on
Nov 16, 2005
Sold by
Mckinny John B and Mckinny Family Trust
Bought by
Mckinny John B and Mckinny John B

Purchase Details

Closed on
Nov 4, 2004
Sold by
Mckinny John B and Mckinny Family Trust
Bought by
Mckinny John B and Mckinny Family Trust Agreement

Purchase Details

Closed on
Oct 2, 2002
Sold by
Haack Mark E and Haack Emily
Bought by
Gates Kevin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.05%

Purchase Details

Closed on
Mar 6, 2000
Sold by
Robertson Theodore R and Robertson Sheila S
Bought by
Haack Mark E and Haack Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,787,500
Interest Rate
4.95%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Crawford Michael -- First American Title
Crawford Michael $1,099,000 First American Title
Kurniadi David $722,000 California Title Company
Falls Jason -- Lawyers Title Sd
Falls Vincent A -- Lawyers Title Sd
Thieu Andy Liem $529,000 Lawyers Title Sd
Buvel Janice -- Accommodation
Buvel Janice -- None Available
Falls Jason -- None Available
Coronado 905 Llc -- None Available
Gates Kevin P $1,800,000 Title365 Company
Buvel Janice -- None Available
Falls Joe -- None Available
Mckinny John B -- None Available
Mckinny John B -- None Available
Mckinny John B -- --
Mckinny John B -- --
Gates Kevin P $3,700,000 Chicago Title Co
Haack Mark E $2,850,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crawford Michael $1,131,750
Closed Crawford Michael $1,131,750
Previous Owner Kurniadi David $541,500
Previous Owner Gates Kevin P $2,400,000
Previous Owner Haack Mark E $1,787,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2022 05/26/22 Sold $1,099,000 0.0% $785 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $1,099,000 0.0% $785 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $1,099,000 +52.2% $785 / Sq Ft
02/03/2021 02/03/21 Sold $722,000 -3.7% $672 / Sq Ft View Prior Sale
11/23/2020 11/23/20 For Sale $749,900 0.0% $698 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $749,900 0.0% $698 / Sq Ft
10/24/2018 10/24/18 Rented $2,600 +4.0% --
10/24/2018 10/24/18 For Rent $2,500 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,087 $1,166,266 $1,061,208 $105,058
2024 $14,087 $1,143,399 $1,040,400 $102,999
2023 $13,767 $736,439 $612,540 $123,899
2022 $8,991 $736,439 $612,540 $123,899
2021 $6,885 $556,072 $462,518 $93,554
2020 $6,801 $550,371 $457,776 $92,595
2019 $6,680 $539,580 $448,800 $90,780
2018 $6,246 $529,000 $440,000 $89,000
2017 $550 $44,344 $19,083 $25,261
2016 $540 $43,475 $18,709 $24,766
2015 $532 $42,822 $18,428 $24,394
2014 $525 $41,985 $18,068 $23,917
Source: Public Records

Agents Affiliated with this Home

  • David Kurniadi

    Seller's Agent in 2022

    David Kurniadi

    The Kurniadi Group

    (858) 461-8846

    2 in this area

    51 Total Sales

    David Kurniadi
    Section Image
  • Angelo La Bruna

    Buyer's Agent in 2022

    Angelo La Bruna

    Apartment Realty Group (ARG)

    (858) 837-1456

    2 in this area

    63 Total Sales

    Angelo La Bruna
    Section Image

  • R

    Seller's Agent in 2021

    Richard Romero

    Berkshire Hathaway HomeService

    Section Image
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Map

Source: San Diego MLS

MLS Number: 220007075

San Diego MLS

APN: 436-591-04

California San Diego County San Diego 92110 Morena

1121 Colusa St, San Diego, CA

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