NOT LISTED FOR SALE

1475 14th St Imperial Beach, CA 91932

7 Beds
5 Baths
-- Sq Ft
1958 Built

Last Sold February 14, 2022

Last sale price $1,175,000

25 Days on Market

About This Home

As of February 2022

1475 14th St is a highly desirable 3 unit property in the city of Imperial Beach. It boasts a unit mix comprised of a 3 bed/1 bath front unit and a two story townhouse style duplex in the rear both with 2 bed/1.5 bath. This property provides both a traditional investor or an owner occupant the opportunity to invest in a location within a prime coastal market.

Last Agent to Sell the Property

Brendan Flynn

South Coast Commercial, Inc. License #01933302 Listed on: 12/08/2021

South Coast Commercial, Inc.

Last Buyer's Agent

Klemens Ruoss

Berkshire Hathaway HomeService License #01772873

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Heated Pool
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 633-232-33-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Imperial Beach Community

Building Details

  • Net Operating Income $31,229

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Hemlock
  • Neighborhood: Imperial Beach
  • LP / Sq Ft: 21.97
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1958
  • Allow Comments Review: No
  • Internet Address Field: No Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Pool Heat: Electric
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: Imperial Beach
  • Community: IMPERIAL BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 633-232-33-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 31229
  • Gross Rent Multiplier Actual: 22.0
  • Gross Rent Multiplier Projected: 15.0
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3
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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
02/14/2022 02/14/22 Sold $1,175,000 -2.0% --
01/03/2022 01/03/22 Pending -- -- --
12/08/2021 12/08/21 For Sale $1,199,000 -- --
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 $15,956 $1,246,919 $848,966 $397,953
2024 $15,956 $1,222,470 $832,320 $390,150
2023 $15,467 $1,198,500 $816,000 $382,500
2022 $6,515 $417,608 $178,972 $238,636
2021 $6,269 $409,420 $175,463 $233,957
2020 $5,941 $405,223 $173,664 $231,559
2019 $5,825 $397,278 $170,259 $227,019
2018 $5,733 $389,489 $166,921 $222,568
2017 $5,672 $381,853 $163,649 $218,204
2016 $5,439 $374,367 $160,441 $213,926
2015 $5,210 $368,745 $158,032 $210,713
2014 $5,133 $361,523 $154,937 $206,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210032904

San Diego MLS

APN: 633-232-33-00

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