NOT LISTED FOR SALE

1916 Florida Ct Unit 1918 San Diego, CA 92104

North Park Neighborhood

Estimated Value: $1,190,000 - $1,454,000

4 Beds
2 Baths
1,472 Sq Ft
$910/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $960,000 $652 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,159/month

30 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Ceiling Fan
  • Jefferson Elementary Rated A-
  • Laundry Room
  • 2 Car Garage

About This Home

As of January 2021

Great Northpark Opportunity! Option 1: House hack living in the rear unit and rent the front unit Option 2: Rent both units with a 5% CAP rate Option 3: Increase cash flow by redeveloping the property into a 4 Units. Whichever option you choose, this property sits on a 6000 square foot lot in the highly desirable Northpark area of San Diego. Great restaurants within walking distance and close to Balboa Park and Downtown San Diego. Front unit currently rented month to month to a long term tenant. Single car garage available for each unit and large back yard. Extra long driveway and plenty of street parking as well. Each unit individually metered for electric and gas. Please do not disturb tenants in front unit.

Last Agent to Sell the Property

Steve Patton

HCM Real Estate License #01263345 Listed on: 11/18/2020

Last Buyer's Agent

Dana Dugan

Compass License #02079212

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,591

Year Built

  • Built in 1951

Lot Details

  • 5,998 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,472 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • No Heating
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, trash collection
  • Tax Lot 30,31
  • Tax Tract Number 1597
  • Assessor Parcel Number 4531821100

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North Park Subdivision

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $730
  • Trash Expense $840
  • Water Sewer Expense $840
  • New Taxes Expense $9,790
  • Operating Expense $12,200
  • Gross Income $41,160
  • Net Operating Income $2,591

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,591

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.00
  • Inclusions: Stove in front unit, Stove & Refrigerator in rear unit
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: North Park
  • View: No
  • Water Sewer Expenses: 840.00
  • Zoning: R3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4531821100
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Levels: One
  • Price Per Square Foot: 652.17

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: No
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 840.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5998.00
  • Lot Size Acres: 0.1377

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection

Multi Family

  • Average1 Bed Area: 736 Square Feet
  • Gross Income: 41160.00
  • Gross Scheduled Income: 3430.00
  • Insurance Expense: 730.00
  • Lot Size Area: 5998.0000 Square Feet
  • Net Operating Income: 2591.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 839.00
  • Rent Control: No
  • Total Actual Rent: 1450.00
  • Total Expenses: 12200.00

Tax Info

  • New Taxes Expense: 9790.00
  • Tax Census Tract: 8.00
  • Tax Lot: 30,31
  • Tax Tract Number: 1597

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 5, 2021
Sold by
Deguzman Hernan and De Guzman Suanne
Bought by
Dugan Patrick and Dugan Dana
Seller's Agent
Steve Patton
HCM Real Estate
Buyer's Agent
Dana Dugan
Compass
List Price
$979,000
Sold Price
$960,000
Premium/Discount to List
-$19,000
-1.94%
Total Days on Market
30
Current Estimated Value
$1,339,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,684
Avg. Annual Appreciation
8.32%
Original Mortgage
$816,000
Outstanding Balance
$741,502
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$618,621

Purchase Details

Closed on
May 17, 2020
Sold by
Deguzman Hernan and De Guzman Suanne
Bought by
The H And S De Guzman Trust

Purchase Details

Closed on
Jun 26, 2017
Sold by
Groff Julia
Bought by
Deguzman Hernan and Deguzman Suanne

Purchase Details

Closed on
Jul 28, 2008
Sold by
Robles Emilia
Bought by
Robles Emilia

Purchase Details

Closed on
Mar 22, 2002
Sold by
Kelly Maela Rydalch
Bought by
Robles Emilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.84%
Source: Public Records

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Range of Values:

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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
Dugan Patrick $960,000 Lawyers Title Company
The H And S De Guzman Trust -- None Available
Deguzman Hernan $775,000 First American Title Company
Robles Emilia -- None Available
Robles Emilia -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dugan Patrick $816,000
Previous Owner Robles Emilia $131,490
Previous Owner Robles Emilia $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Sold $960,000 -1.9% $652 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $979,000 -- $665 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $12,591 $1,018,758 $815,007 $203,751
2023 $12,313 $998,783 $799,027 $199,756
2022 $11,984 $979,200 $783,360 $195,840
2021 $10,178 $820,232 $656,186 $164,046
2020 $10,054 $811,822 $649,458 $162,364
2019 $9,875 $795,905 $636,724 $159,181
2018 $9,233 $780,300 $624,240 $156,060
2017 $3,770 $323,673 $149,632 $174,041
2016 $3,707 $317,328 $146,699 $170,629
2015 $3,651 $312,562 $144,496 $168,066
2014 $3,593 $306,440 $141,666 $164,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20237196

California Regional Multiple Listing Service (CRMLS)

APN: 453-182-11