NOT LISTED FOR SALE

1701 Imperial Ave Unit 1&2 San Diego, CA 92101

East Village Neighborhood

Estimated Value: $2,047,000 - $2,468,000

0.18 Acre
$12,269,231 Price per Acre
7,921 Sq Ft Lot

Last Sold June 16, 2016

Last sale price $975,000

Est. 131% increase in value since last sale

Current estimated payment $14,259/month

89 Days on Market

About This Lot

As of June 2016

One of the few remaining developable lots near Downtown San Diego! The 7,921 sqft lot is zoned CCPD-MC, mixed use commercial, allowing for most all uses aside from heavy industrial. The site has the potential for significant density with a minimum FAR of 2.0, up to 6.0 with bonuses and an allowable height upwards of 80 feet. This asset also sits across the street from the proposed site for a new Chargers football stadium and convention center. The site is nearly permit ready for a fee based parking lot.

Last Agent to Sell the Property

Sean Bascom

South Coast Commercial, Inc. License #01862044 Listed on: 03/11/2016

South Coast Commercial, Inc.

Last Buyer's Agent

Sean Bascom

South Coast Commercial, Inc. License #01862044 Listed on: 03/11/2016

South Coast Commercial, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,749

Lot Details

  • 7,921 Sq Ft Lot
  • Property is zoned CCPD-MC

Utilities

  • Propane
  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 535-630-01-00

Property Details

Property Type

Land

Est. Annual Taxes

$23,749

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: Metro Central
  • Neighborhood: East Village
  • Cross Street: Imperial and 17th
  • Sale Price List Price: 1.03
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities To Site: Cable Tv, Electric, Gas, Propane, Telephone

Condo/Co-op/Association

  • Community: Downtown

Association/Amenities

  • Development: Tentative Map, Curbs

Lot Info

  • Lot Size: 7,500-10,889 Sf
  • Water District: City Of San Diego
  • Zoning: CCPD-MC
  • Estimated Lot Sq Ft: 7921
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Assessor Parcel Number: 535-630-01-00
  • Lot Number: 1&2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2020
Sold by
The Oakleaf Group Llc
Bought by
Zonevest I Llc
Current Estimated Value
$2,253,667

Purchase Details

Closed on
Aug 26, 2019
Sold by
Property Cellars Llc
Bought by
The Oakleaf Group Llc

Purchase Details

Listed on
Mar 11, 2016
Closed on
Jun 7, 2016
Sold by
Cottingham Development Fund Llc and Simpson Sean
Bought by
Property Cellars Llc
Seller's Agent
Sean Bascom
South Coast Commercial, Inc.
Buyer's Agent
Sean Bascom
South Coast Commercial, Inc.
List Price
$949,000
Sold Price
$975,000
Premium/Discount to List
$26,000
2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$487,500
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2014
Sold by
Simpson Andrea
Bought by
Simpson Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2014
Sold by
Pacific Homes Investment Fund Llc
Bought by
Cottingham Development Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2008
Sold by
Tudor Matthews R J Gordon
Bought by
Pensco Trust Company

Purchase Details

Closed on
Apr 24, 2008
Sold by
Imperial Lofts 1 Llc
Bought by
Pacific Homes Investment Fund Llc and Simpson Sean

Purchase Details

Closed on
Apr 18, 2008
Sold by
Imperial Lofts 1 Llc
Bought by
The Netanya R Dayzie Separate Property L

Purchase Details

Closed on
Oct 3, 2005
Sold by
Pacific Homes International Inc
Bought by
Imperial Lofts 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.93%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 2005
Sold by
Carroll Charles P and Carroll Jil S
Bought by
Pacific Homes International Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2004
Sold by
The Charlene Baker Living Trust
Bought by
Carroll Charles P and Carroll Jil S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 1994
Sold by
Baker Charlene
Bought by
Baker Charlene
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
Zonevest I Llc $2,530,000 Fidelity National Title
The Oakleaf Group Llc $1,500,000 Corinthian Title Company
Property Cellars Llc $975,000 Chicago Title Company Sd
Simpson Sean -- Fidelity National Title Co
Cottingham Development Fund Llc -- Fidelity National Title Co
Pensco Trust Company -- Chicago Title Company
Pacific Homes Investment Fund Llc $900,000 None Available
The Netanya R Dayzie Separate Property L $900,000 North American
Imperial Lofts 1 Llc -- Fidelity National Title San
Pacific Homes International Inc -- --
Carroll Charles P $825,000 United Title Company San Die
Baker Charlene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zonevest I Llc $0
Open Zonevest 1 Llc $475,000
Previous Owner Property Cellars Llc $490,000
Previous Owner Property Cellars Llc $487,500
Previous Owner Property Cellars Llc $524,800
Previous Owner Simpson Sean $190,000
Previous Owner Cottingham Development Fund Llc $190,000
Previous Owner Imperial I Llc $200,000
Previous Owner Imperial Lofts 1 Llc $650,000
Previous Owner Imperial Lofts 1 Llc $1,000,000
Previous Owner Imperial Lofts 1 Llc $400,000
Previous Owner Imperial Lofts 1 Llc $1,400,000
Previous Owner Pacific Homes International Inc $500,000
Previous Owner Carroll Charles P $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2016 06/16/16 Sold $975,000 +2.7% --
06/07/2016 06/07/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $949,000 -- --
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 $23,749 $1,673,075 $1,673,075 --
2024 $23,749 $1,640,270 $1,640,270 --
2023 $23,136 $1,576,577 $1,576,577 $0
2022 $22,450 $1,576,577 $1,576,577 $0
2021 $22,164 $1,545,664 $1,545,664 $0
2020 $21,461 $1,500,000 $1,500,000 $0
2019 $15,619 $1,034,677 $1,034,677 $0
2018 $14,651 $1,014,390 $1,014,390 $0
2017 $14,239 $994,500 $994,500 $0
2016 $13,053 $900,000 $900,000 $0
2015 $12,938 $900,000 $900,000 $0
2014 $8,852 $600,000 $600,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Sean Bascom

    Seller's Agent in 2016

    Sean Bascom

    South Coast Commercial, Inc.

    (619) 916-9179

    23 Total Sales

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Map

Source: San Diego MLS

MLS Number: 160013343

San Diego MLS

APN: 535-630-01

California San Diego County San Diego 92101 East Village

1701 Imperial Ave Unit 1&2, San Diego, CA

This home is located at 1701 Imperial Ave Unit 1&2, San Diego, CA 92101 since 11 March 2016 and is currently estimated at $2,233,000. 1701 Imperial Ave Unit 1&2 is a home located in San Diego County with nearby schools including Perkins Elementary School, Logan Memorial Educational Campus, and Albert Einstein Academy Charter Middle.

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