NOT LISTED FOR SALE
3 Beds
1 Bath
900 Sq Ft
0.38 Acres

Last Sold July 06, 2021

Last sale price $850,000 $944 Per Sq Ft

40 Days on Market

Highlights

  • Spa
  • No HOA
  • Cooling Available
  • 0.38 Acre Lot
  • Fireplace
  • Views

About This Home

As of July 2021

Attention Developers! Large 16,000+ Sq Ft. lot zoned for Multi-Family dwellings in the red hot market of South San Diego. This property is just outside of rapidly redeveloping Imperial Beach and a prime location for new housing that San Diego is requiring. There are currently 2 detached units; a 3 bedroom 1 bathroom, and a 2 bedroom 1 bathroom rented below market.

Last Agent to Sell the Property

Garrett Pate

Pacific Realty Property Sales License #01459055 Listed on: 04/22/2021

Last Buyer's Agent

Jean Kaiser

Compass License #01360817

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.38 Acre Lot
  • No Common Walls
  • Fenced
  • Level Lot
  • Value in Land

Parking

  • Parking Available

Interior Spaces

  • 900 Sq Ft Home
  • Fireplace
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Spa
  • Suburban Location

Listing and Financial Details

  • Tax Lot 08092
  • Tax Tract Number 101
  • Assessor Parcel Number 6270620200

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $600
  • New Taxes Expense $3,597
  • Operating Expense $600
  • Gross Income $37,200
  • Net Operating Income $37,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 3.30
  • Property Attached: No
  • View: Yes
  • Zoning: Multi Family Dwellings, Any combinati...
  • Property Type: Residential Income
  • Parcel Number: 6270620200
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 944.44

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Parking: Yes

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Level, Value In Land
  • Lot Size Sq Ft: 16370.00
  • Lot Size Acres: 0.3758

Multi Family

  • Gross Income: 37200.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 600.00
  • Lot Size Area: 16370.0000 Square Feet
  • Net Operating Income: 37200.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 600.00

Tax Info

  • New Taxes Expense: 3597.00
  • Tax Lot: 08092
  • Tax Tract Number: 101.03

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $850,000 -5.0% $944 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $895,000 -- $994 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2102760

California Regional Multiple Listing Service (CRMLS)