NOT LISTED FOR SALE

1554 Hornblend St Unit 1 San Diego, CA 92109

Pacific Beach Neighborhood

Estimated Value: $1,262,000 - $1,358,998

8 Beds
11 Baths
4,644 Sq Ft
$286/Sq Ft Est. Value

Last Sold June 19, 2017

Last sale price $2,065,000 $445 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $8,393/month

57 Days on Market

Highlights

  • Gated Home
  • Pacific Beach Elementary School Rated A-
  • Level Lot

About This Home

As of June 2017

Offered for sale are 3 condominium townhouse units that are part of a 4 unit project. This property offers excellent cash flow potential, desirable luxury units, a desirable Pacific Beach location, and attractive assumable financing. There is an operating home owners association operated by the seller. Currently, HOA dues are $221/unit/month. This property offers an investor multiple exit strategies such as a cash flow investment or as separate homes to future homeowners. Existing loan approx $1.2m.

Last Agent to Sell the Property

ray adams

Ray Adams Investment Real Estate Inc License #00989238 Listed on: 02/21/2017

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,566

Year Built

  • Built in 2007

Lot Details

  • 6,240 Sq Ft Lot
  • Gated Home
  • Level Lot

HOA Fees

  • $221 per month

Interior Spaces

  • 3-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 423-093-11

Community Details

Overview

  • Association fees include limited insurance, sewer, trash pickup, water
  • 3 Units
  • Pacific Beach Condos Community

Building Details

  • Net Operating Income $77,743

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,566

Year Built

Built in 2007

Lot Details

0

HOA Fees

$221 per month

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Hornblend & Ingraham
  • Neighborhood: Pacific Beach
  • LP / Sq Ft: 22.72
  • Stories: 3 Story
  • Sale Price List Price: 0.98
  • Total Stories: 3
  • Year Built: 2007
  • Allow Comments Review: No
  • Internet Address Field: Partial Address
  • Internet Syndication Y N: No
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Gate

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Pacific Beach Condos
  • Total Fees: 2652.0
  • Community: PACIFIC BEACH
  • Home Owner Association Fee Includes: Limited Insurance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 221.0
  • Home Owner Association Payment Frequency: Monthly

Fee Information

  • Total Monthly Fees: 221

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 423-093-11
  • Land Use Code: RM25
  • Estimated Lot Sq Ft: 6240
  • Map Code Column: a
  • Map Code Page: 1248
  • Map Code Row: 6

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 77743
  • Annual Expense Actual: 36335
  • Annual Expense Projected: 36335
  • Gross Rent Multiplier Actual: 18.7
  • Gross Rent Multiplier Projected: 16.5
  • Gross Sched Income Actual: 112200
  • Gross Sched Income Projected: 127020
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Fireplaces: 3
  • Number Of Units With Garage: 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

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2022
Sold by
Richard And Susan Kay Cohen 1984 Trust
Bought by
Surela Hornblend Properties Llc
Current Estimated Value
$1,338,141

Purchase Details

Closed on
Nov 10, 2019
Sold by
Svvp Holdings Llc
Bought by
Sureia Properties Llc

Purchase Details

Closed on
Aug 11, 2014
Sold by
Kumar Prem and Kumar Vanitha
Bought by
Ssvp Holdings Llc

Purchase Details

Listed on
Jan 20, 2012
Closed on
Mar 28, 2012
Sold by
Hsbc Bank Usa National Association
Bought by
Kumar Prem and Kumar Vanita
Seller's Agent
Chris Barre
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Shawn VanMeter
Coldwell Banker Realty
List Price
$449,900
Sold Price
$410,000
Premium/Discount to List
-$39,900
-8.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%

Purchase Details

Closed on
Oct 11, 2011
Sold by
Divita Michael G and Divita Rebecca A
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jun 19, 2007
Sold by
1554 Hornblend Llc
Bought by
Divita Michael G and Divita Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Surela Hornblend Properties Llc -- Thoits Law
Richard And Susan Kay Cohen 1984 Trust -- Thoits Law
Sureia Properties Llc $800,000 Lawyers Title Sd
Ssvp Holdings Llc -- None Available
Kumar Prem $410,000 Servicelink
Hsbc Bank Usa National Association $485,000 None Available
Divita Michael G $679,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Divita Michael G $543,200
Previous Owner Divita Michael G $60,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2017 06/19/17 Sold $2,065,000 -1.7% $445 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $2,100,000 +412.2% $452 / Sq Ft
03/29/2012 03/29/12 Sold $410,000 -8.9% $244 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $449,900 -- $267 / 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 $10,566 $874,911 $579,629 $295,282
2024 $10,566 $857,757 $568,264 $289,493
2023 $10,333 $840,939 $557,122 $283,817
2022 $10,059 $824,451 $546,199 $278,252
2021 $9,990 $808,287 $535,490 $272,797
2020 $9,869 $800,000 $530,000 $270,000
2019 $5,718 $461,648 $246,213 $215,435
2018 $5,346 $452,597 $241,386 $211,211
2017 $5,220 $443,723 $236,653 $207,070
2016 $5,137 $435,023 $232,013 $203,010
2015 $5,061 $428,489 $228,528 $199,961
2014 $4,982 $420,097 $224,052 $196,045
Source: Public Records

Agents Affiliated with this Home

  • r

    Seller's Agent in 2017

    ray adams

    Ray Adams Investment Real Estate Inc

    (858) 546-5456

    3 in this area

    28 Total Sales

    Section Image

  • N

    Buyer's Agent in 2017

    Non-Member Default

    Default Non-Member Office

  • O

    Buyer's Agent in 2017

    Out of Area Agent

    Out of Area Office

  • K

    Buyer's Agent in 2017

    Kathryn Frost

    RETS IDX TCAR VENDORS

    Section Image

  • C

    Seller's Agent in 2012

    Chris Barre

    Berkshire Hathaway HomeServices California Properties

    Section Image
  • Shawn VanMeter

    Buyer's Agent in 2012

    Shawn VanMeter

    Coldwell Banker Realty

    (858) 361-2648

    3 in this area

    20 Total Sales

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 170008748

San Diego MLS

APN: 423-093-11-01

California San Diego County San Diego 92109 Pacific Beach

1554 Hornblend St Unit 1, San Diego, CA

This home is located at 1554 Hornblend St Unit 1, San Diego, CA 92109 since 21 February 2017 and is currently estimated at $1,326,000, approximately $285 per square foot. This property was built in 2007. 1554 Hornblend St Unit 1 is a home located in San Diego County with nearby schools including Pacific Beach Elementary School, Pacific Beach Middle, and Mission Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Diego MLS This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.

Nearby Homes