2022 Ocean View Blvd San Diego, CA 92113
Logan Heights Neighborhood
4
Beds
3
Baths
1,850
Sq Ft
3,360
Sq Ft Lot
Highlights
- City Lights View
- 2-minute walk to 25Th & Commercial
- 1-Story Property
- Property is Fully Fenced
- Level Lot
About This Home
As of April 2019Centrally located three on one / triplex in the Logan Heights area. Attractive upside potential & substantial opportunity for a new owner/investor to increase rents through efficient mgmt. & property improvements. Recent owner improvements include plumbing, fixtures, & newer flooring in 2 of the units. Stucco exterior allows for relatively low exterior maintenance. Property is just steps to the trolley line/mass transit & walking dist. to all conveniences. Easy fwy access. All tenants are Month-to-Month. This Property falls within the "Opportunity Zone! Investor's Keep all Appreciation on this purchase if they hold the property for at least 10 Years! The 2017 Tax Cuts and Jobs Act includes a new tax incentive provision intended to promote investment in economically distressed communities, referred to as “Opportunity Zones.” Through this program, investors can achieve the following three significant tax benefits: 1. Deferral of Gain: tax on capital gains following disposition of property are deferred if such gains are invested in a “Qualified Opportunity Fund” within 180 days of disposition until the earlier of the date on which the subsequent investment is sold or exchanged, or December 31, 2026; 2. Up to 15% of Taxable Gain Extinguished: 10% of the tax on the gain invested in the QOF is eliminated after 5 years and an additional 5% (for a total of 15%) is eliminated after 7 years; and 3. Elimination of Gain on Investment in Fund: if the investment is held in the QOF for at least 10 years, taxes on the appreciation in value of the investment in the QOF are eliminated. PLEASE VERIFY & CONSULT YOUR TAX/LEGAL Professional.
Last Agent to Sell the Property
Coldwell Banker West License #01709065 Listed on: 02/21/2019
Last Buyer's Agent
Daniel Lecuna
Big Block Realty, Inc. License #01876568
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 3,360 Sq Ft Lot
- Property is Fully Fenced
- Level Lot
Parking
- Alley Access
Home Design
- Rolled or Hot Mop Roof
- Stucco Exterior
Interior Spaces
- 1-Story Property
- City Lights Views
Utilities
- Gravity Heating System
- Heating System Uses Natural Gas
- Separate Water Meter
- Gas Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas/propane
- Assessor Parcel Number 538-160-05-00
Community Details
Overview
- 3 Units
- Barrio Logan Community
Pet Policy
- Pets Allowed
Similar Homes in San Diego, CA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2019 04/30/19 | Sold | $520,000 | -5.4% | $281 / Sq Ft |
| 03/22/2019 03/22/19 | Pending | -- | -- | -- |
| 03/20/2019 03/20/19 | Price Changed | $549,900 | 0.0% | $297 / Sq Ft |
| 03/20/2019 03/20/19 | For Sale | $549,900 | -5.0% | $297 / Sq Ft |
| 03/03/2019 03/03/19 | Pending | -- | -- | -- |
| 02/25/2019 02/25/19 | For Sale | $579,000 | 0.0% | $313 / Sq Ft |
| 02/24/2019 02/24/19 | Pending | -- | -- | -- |
| 02/21/2019 02/21/19 | For Sale | $579,000 | +55.6% | $313 / Sq Ft |
| 03/03/2015 03/03/15 | Sold | $372,000 | -7.0% | $186 / Sq Ft |
| 01/19/2015 01/19/15 | Pending | -- | -- | -- |
| 07/03/2014 07/03/14 | For Sale | $400,000 | -- | $200 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Michael Wolf
Seller's Agent in 2019
Michael Wolf
Coldwell Banker West
(858) 722-6847
237 Total Sales
-
Jessica Wolf
Seller Co-Listing Agent in 2019
Jessica Wolf
Coldwell Banker West
(858) 722-3441
143 Total Sales
-
Buyer's Agent in 2019
Daniel Lecuna
Big Block Realty, Inc.
(619) 865-3944
2 in this area
22 Total Sales
-
Tony Johnson
Seller's Agent in 2015
Tony Johnson
LPT Realty,Inc
(619) 454-3725
21 Total Sales
Map
Source: San Diego MLS
MLS Number: 190009920
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