NOT LISTED FOR SALE
8 Beds
5 Baths
3,038 Sq Ft
9,303 Sq Ft Lot

Sale Details

Date 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 SD, Inc License #01318320 Listed on: 05/20/2024

Last Buyer's Agent

Joni Burnett

Keller Williams Realty License #01052335

Keller Williams Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • 9,303

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

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

Listed on
May 20, 2024
Closed on
Aug 27, 2024
Sold by
Bought by
Seller's Agent
Aaron Marcusmillichap
Colliers International SD, Inc
Buyer's Agent
Joni Burnett
Keller Williams Realty
List Price
$1,495,000
Sold Price
$1,350,000
Premium/Discount to List
-$145,000
-9.7%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Outstanding Balance
$1,057,212
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2019
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 5, 2002
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
$206,000
Interest Rate
5.75%

Purchase Details

Closed on
Oct 4, 1993
Sold by
Bought by
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
$1,350,000 Lawyers Title
$1,200,000 Fidelity National Title
-- None Available
$230,000 Chicago Title Co
-- First American Title Co
-- First American Title Company
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
Open $1,080,000
Previous Owner $250,000
Previous Owner $200,320
Previous Owner $255,000
Previous Owner $252,000
Previous Owner $206,000
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
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

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 $16,981 $1,377,000 $816,000 $561,000
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

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Map

Source: San Diego MLS

MLS Number: 240011241

San Diego MLS
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