$1,198,000
SOLD AUG 23, 2024
4 Beds
3 Baths
1,500 Sq Ft
7,350 Sq Ft Lot

Recently Sold

$799 Per Sq Ft

8% Below List Price

14 Days on Market

Highlights

  • Property is Fully Fenced
  • Ada W. Harris Elementary Rated A
  • 1-Story Property

About This Home

As of April 2025

Great Cardiff opportunity to own this "legal non-conforming duplex". Live in one side, and rent out the other side for income. Fixer, Fixer, Fixer!!!

Last Agent to Sell the Property

Chris Kimura

CK Properties License #01057790 Listed on: 07/25/2024

Last Buyer's Agent

Brittany Larson

Turner Real Estate License #02137382

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,658

Year Built

  • Built in 1959

Lot Details

  • 7,350 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 260-141-01-00

Community Details

Overview

  • 2 Units
  • Cardiff Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $54,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,658

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Cross Street: Munevar
  • Neighborhood: Cardiff by the Sea
  • LP / Sq Ft: 21.1
  • Stories: 1 Story
  • Sale Price List Price: 1.04
  • Total Stories: 1
  • Year Built: 1959
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Cardiff
  • Pets Allowed: Yes
  • Community: CARDIFF BY THE SEA
  • Manager Name: Owner
  • Manager Phone: Owner

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 260-141-01-00
  • Estimated Lot Sq Ft: 7350

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 54450
  • Annual Expense Actual: 20500
  • Annual Expense Projected: 20500
  • Gross Rent Multiplier Actual: 16.26
  • Gross Rent Multiplier Projected: 16.26
  • Gross Sched Income Actual: 79950
  • Gross Sched Income Projected: 79950
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2025
Closed on
Mar 28, 2025
Sold by
Larson Family Trust and Larson Daniel Joseph
Bought by
Francis Michael Lukacs Iii Trust and Lukacs
Seller's Agent
Brittany Larson
Turner Real Estate
Buyer's Agent
Carlos Figueiredo
eXp Realty of California, Inc
List Price
$1,989,000
Sold Price
$1,989,000
Views
131
Current Estimated Value
$2,006,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,577
Avg. Annual Appreciation
3.31%
Original Mortgage
$1,250,000
Outstanding Balance
$1,246,676
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$759,901

Purchase Details

Closed on
Dec 20, 2024
Sold by
Larson Brittany and Larson Daniel
Bought by
Larson Daniel Joseph and Larson Brittany Ann

Purchase Details

Listed on
Jul 25, 2024
Closed on
Aug 16, 2024
Sold by
Scott Susan V
Bought by
Larson Brittany Ann and Larson Daniel Joseph
Seller's Agent
Chris Kimura
CK Properties
Buyer's Agent
Brittany Larson
Turner Real Estate
List Price
$1,299,000
Sold Price
$1,198,000
Premium/Discount to List
-$101,000
-7.78%
Views
156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.18%
Original Mortgage
$1,218,302
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2003
Sold by
Ziegler Bart
Bought by
Scott Richard W and Scott Susan
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 Type Sale Price Title Company
Grant Deed $1,989,000 Fidelity National Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Grant Deed $1,198,000 Fidelity National Title
Grant Deed $510,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,250,000 New Conventional
Previous Owner $1,218,302 New Conventional
Previous Owner $402,000 New Conventional
Previous Owner $409,000 New Conventional
Previous Owner $430,000 Unknown
Previous Owner $350,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $1,989,000 0.0% $1,326 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
03/21/2025 03/21/25 For Sale $1,989,000 +66.0% $1,326 / Sq Ft
08/23/2024 08/23/24 Sold $1,198,000 0.0% $799 / Sq Ft
08/23/2024 08/23/24 Sold $1,198,000 +4.3% $799 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
08/09/2024 08/09/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $1,149,000 0.0% $766 / Sq Ft
08/05/2024 08/05/24 Price Changed $1,149,000 -11.5% $766 / Sq Ft
07/25/2024 07/25/24 For Sale $1,299,000 0.0% $866 / Sq Ft
07/25/2024 07/25/24 For Sale $1,299,000 -- $866 / Sq Ft
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 $8,658 $1,198,000 $1,100,000 $98,000
2024 $8,658 $710,886 $585,439 $125,447
2023 $8,376 $696,948 $573,960 $122,988
2022 $8,469 $683,283 $562,706 $120,577
2021 $8,020 $669,886 $551,673 $118,213
2020 $7,990 $663,018 $546,017 $117,001
2019 $7,847 $650,018 $535,311 $114,707
2018 $7,745 $637,273 $524,815 $112,458
2017 $7,619 $624,778 $514,525 $110,253
2016 $7,285 $612,529 $504,437 $108,092
2015 $7,207 $603,329 $496,860 $106,469
2014 $7,043 $591,512 $487,128 $104,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240017273

San Diego MLS

APN: 260-141-01