NOT LISTED FOR SALE
7 Beds
5 Baths
-- Sq Ft
1958 Built

Sale Details

Date Sold: February 14, 2022

Last sale price $1,175,000 $0 Per Sq Ft

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
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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

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
Apr 19, 2022
Sold by
Bought by

Purchase Details

Listed on
Dec 8, 2021
Closed on
Feb 7, 2022
Sold by
Bought by
Seller's Agent
Brendan Flynn
South Coast Commercial, Inc.
Buyer's Agent
Klemens Ruoss
Berkshire Hathaway HomeService
List Price
$1,199,000
Sold Price
$1,175,000
Premium/Discount to List
-$24,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$881,250
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 8, 2021
Closed on
Dec 30, 2021
Sold by
Bought by
Seller's Agent
Brendan Flynn
South Coast Commercial, Inc.
Buyer's Agent
Klemens Ruoss
Berkshire Hathaway HomeService
List Price
$1,199,000
Sold Price
$1,175,000
Premium/Discount to List
-$24,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$881,250
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2018
Sold by
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
$581,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2013
Sold by
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
$312,300
Interest Rate
3.51%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 24, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 2001
Sold by
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
$240,000
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 1997
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 1986
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
-- None Listed On Document
$1,175,000 Lawyers Title
-- Lawyers Title
-- Lawyers Title
-- Ticor Title San Diego Branch
-- Lsi
-- Accommodation
-- None Available
-- Southland Title
-- Southland Title Company
-- --
$300,000 Fidelity National Title Co
-- --
$140,000 --
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 $881,250
Previous Owner $881,250
Previous Owner $581,000
Previous Owner $312,300
Previous Owner $240,000
Previous Owner $390,000
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
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

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 $17,019 $1,271,857 $865,945 $405,912
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

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Map

Source: San Diego MLS

MLS Number: 210032904

San Diego MLS

APN: 633-232-33-00

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