$1,175,000
SOLD DEC 23, 2024

1330 Goshen St Unit 14/5 San Diego, CA 92110

Morena Neighborhood
0.12 Acre
$9,791,667 Price per Acre
5,140 Sq Ft Lot

Recently Sold

10% Below List Price

24 Days on Market

About This Lot

As of December 2024

Located in the highly desirable Morena / USD neighborhood, 1330 Goshen Street offers a prime and lucrative investment opportunity. This 5,140 SF corner lot features a two-bedroom, one-bathroom single-family home, with the potential for scenic southern and western views. Zoned RM-3-7 with a CCHS Tier 4 zoning overlay, the property allows for substantial development with a 4.0x Floor Area Ratio (FAR), making it ideal for multi-family or potential commercial projects. The lot’s generous dimensions (approximately 50’ x 100’) provide flexibility for various development configurations. A Walk Score of 62 highlights its proximity to local amenities, while public transportation is conveniently within walking distance, including a nearby trolley station. With a Transit Score of 43, the property offers moderate accessibility to public transit options. The Morena neighborhood is undergoing significant growth, fueled by rising demand for residential and commercial spaces. The Morena Corridor Specific Plan encourages high-density residential and mixed-use developments, transforming the area into a vibrant, well-connected community. The extension of the Mid-Coast Trolley line, linking Morena to key destinations such as downtown San Diego and UCSD, has further enhanced the neighborhood’s appeal for investors and future residents. With property values on the rise, this is a prime opportunity for early investment in a rapidly revitalizing area.

Last Agent to Sell the Property

Aaron Marcusmillichap

Marcus & Millichap License #01318320 Listed on: 10/10/2024

Last Buyer's Agent

Christian Ballow

Bowman Investments, Inc. License #02046669

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,329

Lot Details

  • 5,140 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 436-402-05-00

Property Details

Property Type

Land

Est. Annual Taxes

$12,329

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: Metro
  • Neighborhood: Morena
  • Cross Street: Ruby Street
  • Price Per Sq Ft: 9791666.67
  • Sale Price List Price: 0.9
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Full

Utilities

  • Water: Meter On Property

Condo/Co-op/Association

  • Community: San Diego

Lot Info

  • Lot Size: 4,000-7,499 Sf
  • Topography: Level
  • Water District: City Of San Diego
  • Additional Property Use: With Structures
  • Land Use Code: RM37
  • Estimated Lot Sq Ft: 5140
  • Estimated Number of Acres: 0.12
  • Assessor Parcel Number: 436-402-05-00
  • Lot Number: 14/5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Nov 25, 2024
Sold by
Coal Investment Llc
Bought by
Mmtm Seven Llc
Seller's Agent
Aaron Marcusmillichap
Marcus & Millichap
Buyer's Agent
Christian Ballow
Bowman Investments, Inc.
List Price
$1,300,000
Sold Price
$1,175,000
Premium/Discount to List
-$125,000
-9.62%
Views
16
Current Estimated Value
$1,175,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359
Avg. Annual Appreciation
-2.15%
Original Mortgage
$822,500
Outstanding Balance
$554,497
Interest Rate
6.79%
Mortgage Type
Construction
Estimated Equity
$608,048

Purchase Details

Closed on
Nov 15, 2022
Sold by
Marilyn A Tanaka 2021 Family Trust
Bought by
Coal Investment Llc

Purchase Details

Closed on
Oct 6, 2021
Sold by
Tanaka Marilyn A and Hu Lauren Yumi
Bought by
Tanaka Marilyn A and Hu Lauren Yumi

Purchase Details

Closed on
Nov 29, 2013
Sold by
Tanaka Marilyn A
Bought by
Tanaka Marilyn A

Purchase Details

Closed on
Sep 23, 2013
Sold by
Tanaka Marilyn A
Bought by
Tanaka Marilyn A

Purchase Details

Closed on
Sep 17, 1999
Sold by
Shiwotsuka Yoneko
Bought by
Shiwotsuka Yoneko
Source: Public Records

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Range of Values:

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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 $1,175,000 Lawyers Title
Grant Deed $980,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $822,500 Construction
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $1,175,000 -9.6% --
11/04/2024 11/04/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $1,300,000 -- --
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
2024 $12,329 $999,600 $918,000 $81,600
2023 $12,057 $980,000 $900,000 $80,000
2022 $896 $69,593 $25,441 $44,152
2021 $889 $68,230 $24,943 $43,287
2020 $876 $67,532 $24,688 $42,844
2019 $860 $66,208 $24,204 $42,004
2018 $806 $64,911 $23,730 $41,181
2017 $787 $63,639 $23,265 $40,374
2016 $772 $62,392 $22,809 $39,583
2015 $761 $61,456 $22,467 $38,989
2014 $750 $60,253 $22,027 $38,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240024131

San Diego MLS

APN: 436-402-05