NOT LISTED FOR SALE

17-19 E 2nd St National City, CA 91950

Estimated Value: $554,760

2 Beds
2 Baths
1,200 Sq Ft
$462/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $475,000 $396 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,478/month

118 Days on Market

Highlights

  • Partially Fenced Property
  • Gentle Sloping Lot
  • 1-Story Property

About This Home

As of February 2023

Two one bedroom/one bath income units in National City for $565,000. Never before on market. These units are fixers but lots of potential and upside in rents. Good location near freeway access, shops, public transportation. Drive by okay - will show with accepted offer. Please do not disturb tenants.

Last Agent to Sell the Property

Andy Parashos

Torrey Pines Property Mgmnt License #01193558 Listed on: 08/29/2022

Last Buyer's Agent

Raquel Flores

eXp Realty of California Inc License #01459455

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,555

Year Built

  • Built in 1945

Lot Details

  • Partially Fenced Property
  • Gentle Sloping Lot

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, hot water
  • Assessor Parcel Number 556-011-23-00

Community Details

Overview

  • 2 Units
  • National City Community

Building Details

  • Net Operating Income $16,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,555

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: National City Blvd
  • Neighborhood: National City
  • Stories: 1 Story
  • Sale Price List Price: 0.84
  • Total Stories: 1
  • Year Built: 1945
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Rolled/Hot Mop

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: National City
  • Community: NATIONAL CITY
  • Manager Name: Andrew Parashos
  • Manager Phone: 619-206-2363

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Sidewalks
  • Topography: Slope Gentle
  • Assessor Parcel Number: 556-011-23-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 16200
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Dec 22, 2022
Sold by
Morinaka Barry S
Bought by
J Flores 4 Properties Llc
Seller's Agent
Andy Parashos
Torrey Pines Property Mgmnt
Buyer's Agent
Raquel Flores
eXp Realty of California Inc
List Price
$565,000
Sold Price
$475,000
Premium/Discount to List
-$90,000
-15.93%
Views
1
Current Estimated Value
$554,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,760
Avg. Annual Appreciation
5.99%

Purchase Details

Closed on
Jun 25, 2022
Sold by
Morinaka Trust
Bought by
Morinaka Barry S

Purchase Details

Closed on
Apr 12, 1990
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
J Flores 4 Properties Llc $475,000 Chicago Title
Morinaka Barry S -- None Listed On Document
-- $60,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2023 02/15/23 Sold $475,000 -15.9% $396 / Sq Ft
12/26/2022 12/26/22 Pending -- -- --
11/17/2022 11/17/22 For Sale $565,000 0.0% $471 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $565,000 -5.0% $471 / Sq Ft
08/29/2022 08/29/22 For Sale $595,000 -- $496 / 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 $6,555 $494,190 $280,908 $213,282
2024 $6,555 $484,500 $275,400 $209,100
2023 $6,125 $433,500 $229,500 $204,000
2022 $2,341 $103,990 $78,000 $25,990
2021 $2,195 $101,952 $76,471 $25,481
2020 $2,056 $100,907 $75,687 $25,220
2019 $1,871 $98,929 $74,203 $24,726
2018 $1,447 $96,991 $72,749 $24,242
2017 $1,372 $95,090 $71,323 $23,767
2016 $1,351 $93,226 $69,925 $23,301
2015 $1,330 $91,826 $68,875 $22,951
2014 $1,254 $90,028 $67,526 $22,502
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220022324

San Diego MLS

APN: 556-011-23