NOT LISTED FOR SALE
10 Beds
10 Baths
4,375 Sq Ft
0.35 Acre Lot

Sale Details

Date Sold: December 17, 2020

Last sale price $1,360,000 $311 Per Sq Ft

75 Days on Market

Highlights

  • 1-Story Property
  • Landscaped
  • Partially Fenced Property

About This Home

As of December 2020

Welcome to this 5 unit complex at 1270 Sumner! Price reduced $100,000 8-17-2020 - Hurry on this now! One of the cleanest multifamily properties in San Diego County! Well maintained with easy future maintenance. Single story, with ample parking and 4 extra storage units that will rent?— $50 per month estimate? Only a bit of landscaping, with most of the open space in concrete for easy care. Units are 2BR-2BA at an approximate 875 Sq Ft each. All units are clean & neat & have back patios. Kitchens & interiors are light & bright. Complex has been rented below market for years – kick up rents to reasonable & fair market rates and this would be a great long-term income property. The gem of any investor’s portfolio. Newer roofs and very well maintained. Spacious interiors! Laundry room too for extra income. This set of units will have very low operating costs! Hurry – it won’t last!

Last Agent to Sell the Property

Rob Northrup

Best Homes Team License #00938658 Listed on: 06/30/2020

Last Buyer's Agent

Rob Northrup

Best Homes Team License #00938658 Listed on: 06/30/2020

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Property Details

Home Type

  • Multi-Family

Lot Details

  • Partially Fenced Property
  • Landscaped

Home Design

  • Composition Roof

Interior Spaces

  • 10 Bedrooms
  • 4,375 Sq Ft Home
  • 1-Story Property

Parking

  • 9 Parking Spaces
  • 3 Carport Spaces
  • Parking Available

Additional Homes

  • Number of ADU Units: 1

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Total Actual Rent $6,070

Community Details

Overview

  • 5 Units

Building Details

  • 4 Leased Units
  • Operating Expense $18,210

Property Details

Home Type

Multi-Family

Lot Details

0.35 Acres

Listing Details

  • Property Type: Residential Income
  • Stories: 1
  • Unit Levels: 1 Story
  • Property Sub Type: Com-Res Income
  • Community Features: Other/Remarks
  • Lot Size: irregular
  • Co List Office Mls Id: 4555
  • Directions: Mapquest, Google Maps, Siri
  • Living Area: 4375.0
  • Structure Type: Apartment
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-02-25T15:05:15Z
  • FullAddress: 1270 Sumner Ave
  • NumofLeasedApartments: 4
  • ShortSale: No
  • SDMLS_NumofADUUnits: 1.0
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Flooring: Slab

Exterior Features

  • Roof: Composition
  • Construction Type: Cable Available, Fully Landscaped, Part Fenced, Remarks

Garage/Parking

  • Carport Spaces: 3.0
  • Parking Features: Carports, Spaces, Other/Remarks
  • Total Parking Spaces: 9.0

Utilities

  • Cooling: Wall/Window
  • Heating: Wall, Other/Remarks
  • Laundry Features: Leased

Lot Info

  • Zoning: multi

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 5
  • Annual Operating Expense: 18210.0
  • Total Actual Rent: 6070.0

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
Oct 3, 2020
Sold by
Patterson Gail A and Patterson Kenneth G
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
$819,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 18, 2000
Sold by
Patterson Kenneth G and Patterson Alice A
Bought by
Patterson Kenneth G and Patterson Alice A

Purchase Details

Closed on
Feb 7, 1997
Sold by
Knox Craig W
Bought by
Patterson Kenneth G and Patterson Alice A

Purchase Details

Closed on
Mar 18, 1987
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,352,500 Chicago Title Company
Patterson Kenneth G -- --
Patterson Kenneth G $60,000 Stewart Title Co
-- $10,000 --
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
Previous Owner $819,000
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
12/17/2020 12/17/20 Sold $1,360,000 -2.9% $311 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $1,399,900 0.0% $320 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/17/2020 08/17/20 Price Changed $1,399,900 -6.7% $320 / Sq Ft
07/15/2020 07/15/20 Price Changed $1,499,900 -6.3% $343 / Sq Ft
06/30/2020 06/30/20 For Sale $1,599,900 -- $366 / Sq Ft
Source: San Diego MLS

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
2026 $23,150 $1,493,266 $720,411 $772,855
2025 $23,150 $1,463,987 $706,286 $757,701
2024 $22,805 $1,435,283 $692,438 $742,845
2023 $22,114 $1,407,141 $678,861 $728,280
2022 $21,593 $1,379,550 $665,550 $714,000
2021 $21,282 $1,352,500 $652,500 $700,000
2020 $9,406 $387,178 $111,679 $275,499
2019 $9,287 $379,588 $109,490 $270,098
2018 $8,929 $372,146 $107,344 $264,802
2017 $591 $364,850 $105,240 $259,610
2016 $8,219 $357,697 $103,177 $254,520
2015 $8,172 $352,325 $101,628 $250,697
2014 $8,030 $345,425 $99,638 $245,787
Source: Public Records

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Map

Source: San Diego MLS

MLS Number: 200030208

San Diego MLS

APN: 484-211-20-00

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