NOT LISTED FOR SALE
10 Beds
5 Baths
4,007 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: May 1, 2020

Last sale price $1,452,500 $362 Per Sq Ft

13 Days on Market

Highlights

  • Wood Flooring
  • Landscaped
  • 10 Car Garage

About This Home

As of May 2020

The 14th Street Apartments were constructed in 1991 and feature all 2 Bedroom units with rental upside. The property features 10 parking garage spaces for tenants, Washer/Dryer hookups in each unit, granite countertops, stainless steel appliances, air conditioning, and turn key units. 2 of the units are Townhomes. Corner lot location in Imperial Beach close to the Beach, Bay, Shopping, and Public Transportation.

Last Agent to Sell the Property

Mark Morgan

South Coast Commercial, Inc. License #01339919 Listed on: 01/23/2020

South Coast Commercial, Inc.

Last Buyer's Agent

Out of Area Agent

Out of Area Office

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Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,098

Parking

  • 10 Car Garage

Home Design

Interior Spaces

  • 10 Bedrooms
  • 4,007 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Additional Features

  • Landscaped
  • Number of ADU Units: 1

Listing and Financial Details

  • Total Actual Rent $7,855

Community Details

Overview

  • 5 Units

Building Details

  • 5 Leased Units
  • Operating Expense $34,202

Property Details

Home Type

Multi-Family

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 3
  • Unit Levels: 3 Story
  • Property Sub Type: Com-Res Income
  • CapRate: 3.5
  • Co List Office Mls Id: 61276
  • Living Area: 4007.0
  • Structure Type: Apartment
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-03-05T10:23:30Z
  • FullAddress: 1491 14th Street
  • NumofLeasedApartments: 5
  • SDMLS_NumofADUUnits: 1.0
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 10
  • Flooring: Slab, Wood

Exterior Features

  • Construction Type: Fully Landscaped

Garage/Parking

  • Parking Features: Garages
  • Total Parking Spaces: 10.0

Utilities

  • Laundry Features: Owned

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 5
  • Annual Operating Expense: 34202.0
  • Total Actual Rent: 7855.0

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
Jun 16, 2022
Sold by
Bought by

Purchase Details

Closed on
Jul 16, 2020
Sold by
Bought by

Purchase Details

Listed on
Jan 23, 2020
Closed on
Mar 5, 2020
Sold by
Bought by
Seller's Agent
Mark Morgan
South Coast Commercial, Inc.
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$1,650,000
Sold Price
$1,452,500
Premium/Discount to List
-$197,500
-11.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 8, 2016
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
$1,270,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 8, 2004
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
$375,000
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 1998
Sold by
Bought by

Purchase Details

Closed on
Feb 25, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 15, 1988
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
$2,045,000 Fidelity National Title
-- Accommodation
$1,452,500 Chicago Title Company
$1,050,000 Western Resources Title
$1,050,000 Western Resources Title Co
-- None Available
-- None Available
-- None Available
-- Chicago Title Co
-- --
-- --
$53,000 --
$97,500 --
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 $700,000
Previous Owner $640,000
Previous Owner $1,270,000
Previous Owner $375,000
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
05/01/2020 05/01/20 Sold $1,452,500 -12.0% $362 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $1,650,000 -- $412 / 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 $29,356 $2,213,572 $1,780,600 $432,972
2025 $29,356 $2,170,170 $1,745,687 $424,483
2024 $27,604 $2,127,618 $1,711,458 $416,160
2023 $27,022 $2,085,900 $1,677,900 $408,000
2022 $20,322 $1,496,897 $906,898 $589,999
2021 $20,055 $1,467,547 $889,116 $578,431
2020 $15,511 $1,122,479 $649,458 $473,021
2019 $15,345 $1,100,471 $636,724 $463,747
2018 $14,936 $1,078,894 $624,240 $454,654
2017 $14,816 $1,057,740 $612,000 $445,740
2016 $10,118 $700,000 $346,000 $354,000
2015 $9,953 $650,000 $322,000 $328,000
2014 $9,535 $595,000 $295,000 $300,000
Source: Public Records

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Map

Source: San Diego MLS

MLS Number: 200003828

San Diego MLS

APN: 633-232-42-00

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