NOT LISTED FOR SALE
6 Beds
4 Baths
2,300 Sq Ft
6,534 Sq Ft Lot

Last Sold February 25, 2022

Last sale price $1,018,000 $443 Per Sq Ft

6 Days on Market

Highlights

  • 1-Story Property
  • Partially Fenced Property
  • Level Lot

About This Home

As of February 2022

Wow! Great investment opportunity! Become a landlord! Or live in the front house and let the duplex in the rear help pay your mortgage payments. Centrally located and convenient to shopping, freeways, etc. Good cash flow with potential for even more income! Front house has 2 bedrooms/2baths and each duplex is a 2 bedroom/1 bath. Each unit has their own private yard space and one off street parking space. Middle unit was remodeled five years ago. Photos are before current tenants occupied the units. Hurry on this one. It should go quickly.

Last Agent to Sell the Property

Fred Giovanetti

Dunn, REALTORS/Park Pacific License #01020820 Listed on: 01/10/2022

Last Buyer's Agent

Farid Khayamian

Bluxen, Inc. License #01835318

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 6,385 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 565-191-08-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $41,230

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

6,385 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Market Area: South Bay
  • Cross Street: D Street
  • Neighborhood: Chula Vista
  • Stories: 1 Story
  • Sale Price List Price: 1.04
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: CHULA VISTA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Public Street, Street Paved
  • Topography: Level
  • Water District: SWEETWATER AUTHORITY
  • Zoning: R-3
  • Assessor Parcel Number: 565-191-08-00
  • Estimated Lot Dimensions: 50x128
  • Estimated Lot Sq Ft: 6385

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 41230
  • Gross Rent Multiplier Actual: 17.4
  • Gross Rent Multiplier Projected: 13.6
  • Number Of Buildings: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $1,018,000 +4.4% $443 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $975,000 -- $424 / Sq Ft
Source: San Diego MLS

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 $12,419 $1,080,309 $530,604 $549,705
2024 $12,419 $1,059,127 $520,200 $538,927
2023 $12,251 $1,038,360 $510,000 $528,360
2022 $8,720 $745,176 $285,738 $459,438
2021 $8,519 $730,566 $280,136 $450,430
2020 $8,315 $723,076 $277,264 $445,812
2019 $8,100 $708,899 $271,828 $437,071
2018 $7,975 $695,000 $266,499 $428,501
2017 $6,823 $595,000 $228,154 $366,846
2016 $3,732 $325,436 $124,789 $200,647
2015 $3,679 $320,549 $122,915 $197,634
2014 $3,619 $314,271 $120,508 $193,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220000465

San Diego MLS
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