NOT LISTED FOR SALE
4 Beds
3 Baths
1,360 Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: January 12, 2024

Last sale price $1,130,000 $831 Per Sq Ft

35 Days on Market

Highlights

  • City View
  • Cross Fenced
  • Wood Siding
  • Trails
  • Level Lot
  • 1-Story Property

About This Home

As of January 2024

Seize an exceptional opportunity to own a 2-unit income-producing property in the dynamic neighborhood of South Park, San Diego. This well-maintained property offers the perfect blend of residential living and investment potential, generating steady rental income while providing a charming home in a highly sought-after location. This property features two separate units, each with 2 bedrooms and 1 bathroom, ensuring a consistent stream of rental income. Nestled in the heart of South Park, this property is surrounded by a vibrant array of restaurants, coffee shops, shops, and entertainment venues. Residents can enjoy the neighborhood's walkable lifestyle and easy access to a variety of amenities. Contact us today to schedule a viewing and discover the endless possibilities that await you in this exceptional property. Zoned RM-2-5.

Last Agent to Sell the Property

Sandra Alatriste

Catch Real Estate License #01385520 Listed on: 11/17/2023

Co-Listed By

Esaul Alatriste

Catch Real Estate License #01336271

Last Buyer's Agent

Christian Ballow

Gene Bowman Realty License #02046669

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Lot Details

  • Cross Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • City Views

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for trash, cable TV, electricity
  • Assessor Parcel Number 539-301-11-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • N/K Community

Recreation

  • Trails

Building Details

  • Net Operating Income $50,878

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Elm St.
  • Neighborhood: South Park
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 2007
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco, Wood
  • Fencing: Cross Fencing
  • Roof: Composition
  • View: City

Utilities

  • Water: Meter on Property
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Complex Name: N/K
  • Complex Features: Biking/Hiking Trails
  • Manager Name: Owner

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Zoning: RM 2-5
  • Additional Property Use: Res/Business Use OK
  • Assessor Parcel Number: 539-301-11-00

Rental Info

  • Tenant Pays: Trash, Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 50878
  • Gross Rent Multiplier Actual: 58900.0
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

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

Closed on
May 1, 2025
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
$893,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2024
Sold by
Bought by

Purchase Details

Listed on
Nov 17, 2023
Closed on
Jan 9, 2024
Sold by
Bought by
Seller's Agent
Sandra Alatriste
Catch Real Estate
Buyer's Agent
Christian Ballow
Gene Bowman Realty
List Price
$1,300,000
Sold Price
$1,130,000
Premium/Discount to List
-$170,000
-13.08%
Views
126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$904,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 2002
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 1990
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Park, CA

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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
-- Ticor Title - San Diego Branch
-- None Listed On Document
$1,130,000 Ticor Title Company
-- None Available
-- --
$36,000 --
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 $888,000
Closed $893,000
Previous Owner $904,000
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
01/12/2024 01/12/24 Sold $1,130,000 -1.7% $831 / Sq Ft
12/23/2023 12/23/23 Pending -- -- --
12/12/2023 12/12/23 Price Changed $1,150,000 -11.5% $846 / Sq Ft
11/17/2023 11/17/23 For Sale $1,300,000 -- $956 / 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 $14,894 $1,175,652 $988,380 $187,272
2025 $14,894 $1,152,600 $969,000 $183,600
2024 $1,951 $155,960 $61,874 $94,086
2023 $1,907 $152,903 $60,661 $92,242
2022 $1,857 $149,906 $59,472 $90,434
2021 $1,844 $146,967 $58,306 $88,661
2020 $1,822 $145,461 $57,709 $87,752
2019 $1,790 $142,610 $56,578 $86,032
2018 $1,675 $139,815 $55,469 $84,346
2017 $1,635 $137,075 $54,382 $82,693
2016 $1,608 $134,388 $53,316 $81,072
2015 $1,585 $132,371 $52,516 $79,855
2014 $1,561 $129,779 $51,488 $78,291
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230022584

San Diego MLS

APN: 539-301-11-00

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