$939,900
PENDING $160K PRICE DROP

Estimated payment $5,382/month

Total Views 8,016
2 Beds
2 Baths
1,250 Sq Ft
$752 Price per Sq Ft

About This Home

Don't miss this development opportunity, located in an excellent pocket of San Diego, close to bus, USD, UCSD, and our beautiful Pacific Ocean! Existing duplex + large metal building used as shop with comfortable space for off-street parking for 8-10 vehicles allow for immediate cash flow for an investor while submitting plans to build. Rent duplex, workshop and provide parking for all tenants. After your build, property is quite conducive for tenants who wish to utilize public transit and avoid the expense of a car. Restaurants & shopping all within a block or two, make this a perfect property for investors or parents of students that wish to buy and further develop this property at a future date. Buy and own real estate in the path of progress! Neighboring property currently has 10 units nearing completion.

Listing Agent

Libby Rogers

R.B. Haley, Inc License #01219416 Listed on: 02/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,746

Year Built

  • Built in 1941

Lot Details

  • 0.26 Acre Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Community Details

  • 2 Units
  • Net Operating Income $250,000

Listing and Financial Details

  • Assessor Parcel Number 432-060-06-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,746

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Ulric
  • Neighborhood: Linda Vista
  • Stories: 1 Story
  • Total Stories: 1
  • Year Built: 1941
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 10
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Condo/Co-op/Association

  • Community: LINDA VISTA

Lot Info

  • Lot Size: .25 to .5 AC
  • Assessor Parcel Number: 432-060-06-00
  • Estimated Lot Sq Ft: 11421

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 250000
  • Annual Expense Actual: 60000
  • Gross Rent Multiplier Actual: 91.6
  • Gross Sched Income Actual: 12000
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 1
  • Number Of Units With Washers: 2

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,746 $142,140 $71,070 $71,070
2023 $1,706 $139,354 $69,677 $69,677
2022 $1,658 $136,622 $68,311 $68,311
2021 $1,640 $133,944 $66,972 $66,972
2020 $1,614 $132,572 $66,286 $66,286
2019 $1,581 $129,974 $64,987 $64,987
2018 $1,480 $127,426 $63,713 $63,713
2017 $1,444 $124,928 $62,464 $62,464
2016 $1,413 $122,480 $61,240 $61,240
2015 $1,391 $120,642 $60,321 $60,321
2014 $1,369 $118,280 $59,140 $59,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Pending -- -- --
04/04/2025 04/04/25 Price Changed $939,900 0.0% $752 / Sq Ft
04/04/2025 04/04/25 For Sale $939,900 -14.6% $752 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
02/23/2025 02/23/25 For Sale $1,100,000 -- $880 / Sq Ft
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $845,000 Pacific Coast Title
Interfamily Deed Transfer -- None Available
Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $960,500 Construction
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

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Source: San Diego MLS

MLS Number: 250019668

San Diego MLS

APN: 432-060-06