NOT LISTED FOR SALE

2510 L St San Diego, CA 92102

Grant Hill Neighborhood

Estimated Value: $998,000 - $1,099,000

6 Beds
2 Baths
1,811 Sq Ft
$585/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $830,000 $458 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,511/month

5 Days on Market

Highlights

  • 1-Story Property
  • Property is Fully Fenced
  • 3-minute walk to 25Th & Commercial

About This Home

As of September 2022

Great investment opportunity! Two 3 bedroom, 1 bathroom units, each including a private garage. There are two additional garage spaces currently rented for $100 each (month to month lease). 2510 tenant lease is month-to-month. 2512 tenant lease was just extended (ends August 12, 2023).

Last Agent to Sell the Property

Amy Yahnke

SD Real Estate Solutions License #01477031 Listed on: 08/16/2022

Last Buyer's Agent

Elizabeth Lara

HomeSmart Realty West License #01738874

HomeSmart Realty West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,432

Year Built

  • 2012

Lot Details

  • 0.55

Additional Features

  • 1-Story Property
  • Property is Fully Fenced

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 535-491-09-00

Community Details

Overview

  • 2 Units
  • Grant Hill Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $15,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,432

Year Built

2012

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Central
  • Cross Street: 25th
  • Neighborhood: Lincoln Park
  • Stories: 1 Story
  • Sale Price List Price: 1.14
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2012

Exterior Features

  • Fencing: Full

Condo/Co-op/Association

  • Complex Name: Grant Hill
  • Pets Allowed: Yes
  • Community: SAN DIEGO
  • Manager Name: Management Solutions
  • Manager Phone: 855-229-7368

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 535-491-09-00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 15400
  • Annual Expense Actual: 8590
  • Gross Rent Multiplier Actual: 30.0
  • Gross Sched Income Actual: 23990
  • Number Of Buildings: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Sep 15, 2022
Sold by
Miles Family Trust
Bought by
Jose Antonio Cadena Diaz Revocable Trust
Seller's Agent
Amy Yahnke
SD Real Estate Solutions
Buyer's Agent
Elizabeth Lara
HomeSmart Realty West
List Price
$725,000
Sold Price
$830,000
Premium/Discount to List
$105,000
14.48%
Current Estimated Value
$1,060,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,056
Avg. Annual Appreciation
8.35%
Original Mortgage
$475,000
Outstanding Balance
$452,844
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$607,212

Purchase Details

Closed on
Dec 23, 2021
Sold by
Mcnamara Maureen M and 1996 Trust B
Bought by
Miles Keith A and Miles Elizabeth A

Purchase Details

Closed on
Feb 24, 2011
Sold by
Pharis Roy
Bought by
Pharis Roy L

Purchase Details

Closed on
Jul 9, 2009
Sold by
Galt Corporation
Bought by
Pharis Roy

Purchase Details

Closed on
May 19, 2008
Sold by
Washington Mutual Bank
Bought by
Galt Corp

Purchase Details

Closed on
Jan 16, 2008
Sold by
Torres Mayra G
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Apr 27, 2006
Sold by
Cagigas Xavier E
Bought by
Torres Mayra G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2006
Sold by
Estrada Martha and Estrada Raul
Bought by
Torres Mayra G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2005
Sold by
Flores Luis M
Bought by
Estrada Raul and Estrada Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,500
Interest Rate
7.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 15, 2002
Sold by
Flores Luis M and Flores Amada
Bought by
Flores Luis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.99%

Purchase Details

Closed on
Oct 10, 1998
Sold by
Hanby Joe J
Bought by
Flores Luis M and Flores Amada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 7, 1985
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Jose Antonio Cadena Diaz Revocable Trust $830,000 Lawyers Title
Miles Keith A -- None Available
Pharis Roy L -- None Available
Pharis Roy -- None Available
Galt Corp $224,000 Chicago Title Servicelink
Washington Mutual Bank $494,426 Fidelity National Title
Torres Mayra G -- Southland Title
Torres Mayra G $575,000 Southland Title
Estrada Raul $485,000 Old Republic Title Company
Flores Luis M -- American Title Ins Co
Flores Luis M $90,000 American Title Co
Flores Luis M $90,000 --
-- $47,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jose Antonio Cadena Diaz Revocable Trust $475,000
Previous Owner Torres Mayra G $460,000
Previous Owner Estrada Raul $436,500
Previous Owner Flores Luis M $150,000
Previous Owner Flores Luis M $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2022 09/16/22 Sold $830,000 +14.5% $458 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $725,000 -- $400 / Sq Ft
Source: San Diego MLS

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
2025 $10,432 $863,532 $520,200 $343,332
2024 $10,432 $846,600 $510,000 $336,600
2023 $10,202 $279,752 $152,040 $127,712
2022 $3,441 $279,752 $152,040 $127,712
2021 $3,417 $274,267 $149,059 $125,208
2020 $3,376 $271,456 $147,531 $123,925
2019 $3,317 $266,135 $144,639 $121,496
2018 $3,102 $260,917 $141,803 $119,114
2017 $3,028 $255,802 $139,023 $116,779
2016 $2,977 $250,788 $136,298 $114,490
2015 $2,934 $247,022 $134,251 $112,771
2014 $2,889 $242,184 $131,622 $110,562
Source: Public Records

Agents Affiliated with this Home

  • Amy Yahnke

    Seller's Agent in 2022

    Amy Yahnke

    SD Real Estate Solutions

    (619) 723-3734

    1 in this area

    15 Total Sales

    Amy Yahnke
    Section Image
  • Elizabeth Lara

    Buyer's Agent in 2022

    Elizabeth Lara

    HomeSmart Realty West

    (619) 203-7768

    2 in this area

    5 Total Sales

    Elizabeth Lara
    Section Image
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Map

Source: San Diego MLS

MLS Number: 220021308

San Diego MLS

APN: 535-491-09

California San Diego County San Diego 92102 Grant Hill

2510 L St, San Diego, CA

This home is located at 2510 L St, San Diego, CA 92102 since 16 August 2022 and is currently estimated at $1,060,056, approximately $585 per square foot. This property was built in 2012. 2510 L St is a home located in San Diego County with nearby schools including Sherman Elementary School, Logan Memorial Educational Campus, and Albert Einstein Academy Charter Middle.

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