NOT LISTED FOR SALE

1168-70 14th St Imperial Beach, CA 91932

Estimated Value: $753,803 - $1,048,000

2 Beds
2 Baths
960 Sq Ft
$905/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $605,000 $630 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,284/month

156 Days on Market

Highlights

  • Partially Fenced Property
  • Wood Siding
  • 1-Story Property

About This Home

As of December 2020

WELL MAINTAINED IB DUPLEX with additional 5 OVERSIZED RENTAL GARAGES! This property features a large lot with R2 zoning and alley access to garages! Each unit has a private yard and 2 assigned parking spaces. Exterior and Interior Updates within the last 5 years. Property is located close to beaches and military bases.

Last Agent to Sell the Property

Valerie Medina

Trust Properties USA License #01781311 Listed on: 05/14/2020

Last Buyer's Agent

Jean Kaiser

Compass License #01360817

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,132

Year Built

  • Built in 1951

Lot Details

  • 6,269 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 4 Open Parking Spaces
  • 4.5 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 6330320900

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • Operating Expense $2,400
  • Net Operating Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,132

Year Built

Built in 1951

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Imperial Beach
  • Zoning: R-2:Minor
  • Property Type: Residential Income
  • Parcel Number: 6330320900
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One
  • Price Per Square Foot: 630.21

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 4.50
  • Total Parking Spaces: 8.50
  • Uncovered Spaces: 4.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6269.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Multiplier: 18.75
  • Gross Scheduled Income: 32000.00
  • Lot Size Area: 6269.0000 Square Feet
  • Net Operating Income: 37200.00
  • Number Of Units Total: 2
  • Number With Range: 2
  • Other Income1: 6000.00
  • Rent Control: Yes
  • Total Expenses: 2400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2023
Sold by
Kaiser David A and Kaiser Jean K
Bought by
Kaiser Family Trust
Current Estimated Value
$868,701

Purchase Details

Listed on
May 14, 2020
Closed on
Oct 27, 2020
Sold by
Vaccaro Daniel and Vaccaro Jean
Bought by
Kaiser David A and Kaiser Jean K
Seller's Agent
Valerie Medina
Trust Properties USA
Buyer's Agent
Jean Kaiser
Compass
List Price
$620,000
Sold Price
$605,000
Premium/Discount to List
-$15,000
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$282,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2005
Sold by
Vaccaro Daniel
Bought by
Vaccaro Daniel and Vaccaro Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 13, 2004
Sold by
Vaccaro Daniel
Bought by
Vaccaro Daniel and Vaccaro Jean

Purchase Details

Closed on
Sep 29, 2004
Sold by
Vaccaro Daniel and Vaccaro Jean
Bought by
Vaccaro Daniel

Purchase Details

Closed on
Apr 25, 2003
Sold by
Vaccaro Daniel and Vaccaro Jean
Bought by
Vaccaro Daniel and Vaccaro Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.72%

Purchase Details

Closed on
May 16, 2002
Sold by
Vaccaro Daniel and Vaccaro Jean
Bought by
Vaccaro Daniel and Vaccaro Jean
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
Kaiser Family Trust -- None Listed On Document
Kaiser David A $605,000 Usa National Title
Vaccaro Daniel -- Commonwealth Title
Vaccaro Daniel -- --
Vaccaro Daniel -- Fidelity National Title
Vaccaro Daniel -- Fidelity National Title
Vaccaro Daniel -- Fidelity National Title
Vaccaro Daniel -- Fidelity National Title Co
Vaccaro Daniel -- --
Vaccaro Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaiser David A $282,500
Previous Owner Vaccaro Daniel $54,000
Previous Owner Vaccaro Daniel $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $605,000 -2.4% $630 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
10/10/2020 10/10/20 For Sale $620,000 -4.6% $646 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $650,000 -- $677 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,132 $654,870 $541,216 $113,654
2024 $8,132 $642,030 $530,604 $111,426
2023 $8,042 $617,100 $510,000 $107,100
2022 $7,911 $617,100 $510,000 $107,100
2021 $7,915 $605,000 $500,000 $105,000
2020 $2,433 $139,200 $75,756 $63,444
2019 $2,380 $136,471 $74,271 $62,200
2018 $2,773 $133,796 $72,815 $60,981
2017 $2,627 $131,174 $71,388 $59,786
2016 $2,733 $128,603 $69,989 $58,614
2015 $2,300 $126,672 $68,938 $57,734
2014 $2,130 $124,192 $67,588 $56,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200021855

California Regional Multiple Listing Service (CRMLS)

APN: 633-032-09