NOT LISTED FOR SALE

Estimated Value: $1,323,000 - $1,533,000

4 Beds
2 Baths
1,810 Sq Ft
$788/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $915,000 $506 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $8,613/month

51 Days on Market

About This Home

As of July 2018

Opportunity knocks! For the first time in over 27 years these Two Duplexes on the same high elevated lot, are up for sale. Over 3,600 sft of living space consisting of 8 total bedrooms and 4 full baths and each unit having panoramic views of San Diego airport and the San Diego Bay and all the way to Downtown. Buyer must be willing to work with sellers being a 1031 exchange. Each unit has Laundry Exterior New siding and stucco. Slider to patio / balcony , 2 lower units have 16 x 10 decking New stair cases Off Street parking

Last Agent to Sell the Property

Steve McAloon

Douglas Elliman License #02024405 Listed on: 04/09/2018

Last Buyer's Agent

Omid Yousofi

New Real Estate Market License #01702974

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,526

Year Built

  • Built in 1963

Lot Details

  • 2,500

Home Design

  • Duplex

Interior Spaces

  • 1,810 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Gas And Electric Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Assigned Parking

Additional Features

  • 2,500 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 451-232-16-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,526

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1810
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Gas Or Electric Dryer Hookup, Range/Oven, Refrigerator
  • Price Per S Q F T: 607.73

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned, Side By Side
  • Total Parking: 2

Utilities

  • Heating: Wall Electric

Lot Info

  • Assessed Improvement Value: 46355
  • Assessed Land Value: 21075
  • Assessor Parcel Number: 451-232-16-00
  • Geocode Override: No
  • Lot Size Area: 2500

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 29.90
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 2400
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2019
Sold by
Odabaee Alireza and Shahangian Aida
Bought by
Apko Llc
Total Days on Market
51
Current Estimated Value
$1,426,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2019
Sold by
Apko Llc
Bought by
Odabaee Alireza and Shahangian Aida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2018
Sold by
Odabaee Alireza
Bought by
Apko Llc

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jul 5, 2018
Sold by
Shahangian Aida
Bought by
Odabaee Alireza
Seller's Agent
Steve McAloon
Douglas Elliman
Buyer's Agent
Omid Yousofi
New Real Estate Market
List Price
$1,100,000
Sold Price
$915,000
Premium/Discount to List
-$185,000
-16.82%

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jun 11, 2018
Sold by
Byrom Jacqueline
Bought by
Odabaee Alireza
Seller's Agent
Steve McAloon
Douglas Elliman
Buyer's Agent
Omid Yousofi
New Real Estate Market
List Price
$1,100,000
Sold Price
$915,000
Premium/Discount to List
-$185,000
-16.82%

Purchase Details

Closed on
May 30, 2008
Sold by
Byrom Jacqueline
Bought by
Byrom Jacqueline

Purchase Details

Closed on
Jan 13, 1994
Sold by
Gaslamp Plaza Ltd
Bought by
Mckechnie Janice Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,641
Interest Rate
7%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Apko Llc -- None Available
Odabaee Alireza -- Fidelity National Title
Apko Llc -- Accommodation
Odabaee Alireza -- Stewart Title Company
Odabaee Alireza $915,000 Stewart Title Of California
Byrom Jacqueline -- None Available
Mckechnie Janice Louise $8,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Odabaee Alireza $425,000
Previous Owner Mckechnie Janice Louise $7,641
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2018 07/09/18 Sold $915,000 -16.8% $506 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $1,100,000 -- $608 / Sq Ft
Source: The 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 $12,526 $1,017,087 $765,550 $251,537
2023 $12,250 $997,145 $750,540 $246,605
2022 $11,924 $977,594 $735,824 $241,770
2021 $11,843 $958,427 $721,397 $237,030
2020 $11,699 $948,600 $714,000 $234,600
2019 $11,454 $927,000 $700,000 $227,000
2018 $841 $68,778 $21,496 $47,282
2017 $821 $67,430 $21,075 $46,355
2016 $806 $66,109 $20,662 $45,447
2015 $795 $65,117 $20,352 $44,765
2014 $783 $63,843 $19,954 $43,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-330900

The MLS

APN: 451-232-16