NOT LISTED FOR SALE
8 Beds
5 Baths
3,038 Sq Ft
2016 Built

Last Sold September 30, 2024

Last sale price $1,350,000 $444 Per Sq Ft

80 Days on Market

About This Home

As of September 2024

Situated on a 9,303 SF lot, this well-located triplex is comprised of two newly constructed 3BD/2BA and a renovated 2BD/1BA with a new roof. Additionally, all units have ample parking, a laundry room & hook-ups, and a private yard, and are separately metered for all utilities. Highlights: ? (2) 3BD/2BD Units & (1) 2BD/1BA Two new construction units (2016 & 2019) and one renovated unit (1941) Laundry room & hook-ups Private yards Separately metered units Walking distance to schools, the Palm Ave. Corridor & local parks Close proximity to the Imperial Beach Pier & Naval Outlying Landing Field

Last Agent to Sell the Property

Aaron Marcusmillichap

Colliers International License #01318320 Listed on: 05/20/2024

Last Buyer's Agent

Joni Burnett

Keller Williams Realty License #01052335

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Home Design

  • Clay Roof
  • Wood Siding

Additional Features

  • 2-Story Property
  • 9,303 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Tenant pays for sewer, trash, water, electricity, gas/propane
  • Assessor Parcel Number 627-182-09-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Imperial Beach Community

Building Details

  • Net Operating Income $51,292

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

9,303 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Thermal Ave
  • Neighborhood: Imperial Beach
  • LP / Sq Ft: 20.11
  • Stories: 2 Story
  • Sale Price List Price: 0.9
  • Total Stories: 2
  • Year Built: 2016
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Roof: Tile/Clay

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Complex Name: Imperial Beach
  • Community: IMPERIAL BEACH

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 627-182-09-00
  • Estimated Lot Sq Ft: 9303

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 51292
  • Gross Rent Multiplier Actual: 18.15
  • Gross Rent Multiplier Projected: 13.92
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 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
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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
09/30/2024 09/30/24 Sold $1,350,000 -9.7% $444 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $1,495,000 -- $492 / Sq Ft
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 $15,000 $1,350,000 $800,000 $550,000
2024 $15,000 $1,286,639 $750,540 $536,099
2023 $14,890 $1,261,412 $735,824 $525,588
2022 $14,608 $1,236,680 $721,397 $515,283
2021 $14,153 $1,212,432 $707,252 $505,180
2020 $7,019 $614,781 $198,640 $416,141
2019 $6,551 $563,728 $194,746 $368,982
2018 $4,943 $425,225 $190,928 $234,297
2017 $4,168 $359,664 $187,095 $172,569
2016 $3,150 $270,000 $179,000 $91,000
2015 $3,192 $270,000 $179,000 $91,000
2014 $2,662 $224,000 $149,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240011241

San Diego MLS
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