NOT LISTED FOR SALE
5 Beds
2 Baths
-- Sq Ft
-- Built

Sale Details

Date Sold: September 6, 2019

Last sale price $620,000

15 Days on Market

About This Home

As of September 2019

Great opportunity! Detached multi unit property in Imperial Beach. The front unit features 3 bedrooms and 2 bathrooms a fenced front yard and garage. The back unit has 2 bedrooms 1 bathroom and 3 large garages below the back unit. Well maintained property with long term tenants. Neighborhoods: Imperial Beach Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 1149 Unit # for Unit 2: 1151 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Garrett Pate

Pacific Realty Property Sales License #01459055 Listed on: 07/23/2019

Last Buyer's Agent

Marla Moresi-Valdes

Sotheby's International Realty License #01320998

Property Details

Home Type

  • Multi-Family

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • 2-Story Property
  • Partially Fenced Property
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, electricity
  • Assessor Parcel Number 6330422900

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Imperial Beach

Building Details

  • Net Operating Income $34,050

Property Details

Home Type

Multi-Family

Listing Details

  • CapRate: 4.50
  • Park Name: Imperial Beach
  • Subdivision Name Other: Imperial Beach
  • View: No
  • Zoning: R-2
  • Property Type: Residential Income
  • Parcel Number: 6330422900
  • Year Built: 9999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Appliances: Gas Water Heater

Rental Info

  • Tenant Pays: Water, Electricity

Multi Family

  • Gross Scheduled Income: 34800.00
  • Net Operating Income: 34050.00
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,000
Interest Rate
0.031%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2019
Closed on
Aug 21, 2019
Sold by
Bought by
Seller's Agent
Garrett Pate
Pacific Realty Property Sales
Buyer's Agent
Garrett Pate
Pacific Realty Property Sales
List Price
$675,000
Sold Price
$620,000
Premium/Discount to List
-$55,000
-8.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
0.037%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$620,000 Lawyers Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $466,000
Closed $465,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold $620,000 -8.1% --
08/07/2019 08/07/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $675,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,888 $678,055 $546,820 $131,235
2024 $8,888 $664,761 $536,099 $128,662
2023 $8,861 $651,728 $525,588 $126,140
2022 $8,709 $638,950 $515,283 $123,667
2021 $8,451 $626,423 $505,180 $121,243
2020 $8,262 $620,000 $500,000 $120,000
2019 $2,230 $98,537 $22,553 $75,984
2018 $2,199 $96,606 $22,111 $74,495
2017 $2,226 $94,713 $21,678 $73,035
2016 $2,029 $92,856 $21,253 $71,603
2015 $1,830 $91,462 $20,934 $70,528
2014 $2,097 $89,671 $20,524 $69,147
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190040728

California Regional Multiple Listing Service (CRMLS)

APN: 633-042-29-00

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