NOT LISTED FOR SALE
6 Beds
3 Baths
1,650 Sq Ft
9,148 Sq Ft Lot

Last Sold November 19, 2021

Last sale price $780,000 $473 Per Sq Ft

8 Days on Market

Highlights

  • No Units Above
  • Granite Countertops
  • Oversized Parking
  • All Bedrooms Downstairs
  • No HOA
  • Living Room

About This Home

As of November 2021

Investor Alert!! Multi Unit Property with 2 Single Family Homes and 3rd separate Unit in the back of the lot. Up to 4 Units can be built on this property. This property has a large lot and has 3 units on it currently being used as rentals. There are 2 single family homes and the large oversized garage has also been converted into a studio unit. All units are being leased out currently and have consistently rented. Property has easy access to I-5 and within minutes from Downtown San Diego. Property is zoned for multi units and lot does allow to have property expansion or coversion to multi-units. Property does have Ocean views if built up as it faces East and West. ****Please do not disturb tentans****Appointment is required.

Last Agent to Sell the Property

Victoria Torres

RE/MAX TerraSol License #01924969 Listed on: 10/12/2021

RE/MAX TerraSol

Last Buyer's Agent

Renata Rios

Palisade Realty, Inc License #01977464

Palisade Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,328

Year Built

  • Built in 1945

Lot Details

  • 9,148 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • East Facing Home
  • Wrought Iron Fence
  • Flag Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Oversized Parking
  • Parking Available
  • Driveway Level

Home Design

  • Bungalow
  • Property Attached
  • Turnkey
  • Additions or Alterations
  • Fixer Upper
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,650 Sq Ft Home
  • Living Room
  • Laminate Flooring

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Location

  • Urban Location

Utilities

  • Forced Air Heating System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, sewer, water
  • Tax Lot 40
  • Tax Tract Number 31917
  • Assessor Parcel Number 6290601100

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Chula Vista Subdivision

Building Details

  • 3 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Operating Expense $6,623
  • Gross Income $40,800
  • Net Operating Income $30,344

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,328

Year Built

Built in 1945

Lot Details

9,148 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Chula Vista
  • View: No
  • Zoning: R1
  • Architectural Style: Bungalow
  • Property Condition: Additions/Alterations, Fixer, Turnkey
  • Property Type: Residential Income
  • Parcel Number: 6290601100
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, Unfurnished
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 472.73
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Driveway Level, Garage, Oversized
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave, Range Hood
  • Heating Type: Forced Air
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Flag Lot
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Rental Info

  • Garage Rental Rate: 500.00
  • Tenant Pays: All Utilities, Sewer, Water

Multi Family

  • Garage Income: 6000.00
  • Gross Income: 40800.00
  • Gross Operating Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 30344.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 6128.00
  • Rent Control: No
  • Total Actual Rent: 40320.00
  • Total Expenses: 6623.00

Tax Info

  • Tax Census Tract: 133.08
  • Tax Lot: 40
  • Tax Tract Number: 31917
  • Tax Annual Amount: 4328.00
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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 List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $780,000 +4.0% $473 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $750,000 -- $455 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,626 $827,741 $583,664 $244,077
2024 $10,626 $811,512 $572,220 $239,292
2023 $10,257 $795,600 $561,000 $234,600
2022 $9,453 $140,055 $65,861 $74,194
2021 $2,311 $140,055 $65,861 $74,194
2020 $2,268 $138,620 $65,186 $73,434
2019 $2,179 $135,903 $63,908 $71,995
2018 $2,193 $133,239 $62,655 $70,584
2017 $2,117 $130,627 $61,427 $69,200
2016 $2,065 $128,067 $60,223 $67,844
2015 $1,982 $126,144 $59,319 $66,825
2014 $2,162 $123,674 $58,158 $65,516
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21226129

California Regional Multiple Listing Service (CRMLS)
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