NOT LISTED FOR SALE

2519 Columbia St San Diego, CA 92103

Middletown Neighborhood

Estimated Value: $1,609,000 - $2,268,000

3 Beds
3 Baths
-- Sq Ft
5,051 Sq Ft Lot

Last Sold May 31, 2023

Last sale price $1,655,000

Est. 11% increase in value since last sale

Current estimated payment $11,506/month

23 Days on Market

About This Home

As of May 2023

2519 Columbia Street is currently comprised of three fully-occupied, updated units and includes approved plans and permits to build an additional (9) nine studio units on the back half of the 5,051sf lot. With plans and drawings created by the architectural firm PALO – this project is designed with a style that attracts the modern tenant while capitalizing on current legislation and building codes. With excellent proximity to Downtown San Diego and the San Diego International Airport, this location serves a diverse workforce that continues to expand in a market with a lack of available housing. Fully Permitted / Shovel Ready Building Opportunity. You get INSTANT INCOME and the potential to own a 12 Unit – 6 Cap (Pro-Forma) when you acquire this renovated triplex in the heart of San Diego’s most desirable neighborhood - just blocks from Little Italy, Hillcrest, Downtown, Balboa Park, restaurants, nightlife, Petco Park and so much more! HIGHLIGHTS • Renovated 3-unit property with Fully-Permitted Plans • Incredible San Diego Location – Close To Everything • Plans by PALO Architects designed to attract tenants • Potential for above market yields • Featured in UC Berkeley ADU Article https://bit.ly/ADUArticle

Last Agent to Sell the Property

Doug Taber

Keller Williams Realty License #01920184 Listed on: 03/31/2023

Keller Williams Realty

Last Buyer's Agent

Aziz Zakkout

Zakkout Real Estate Services License #01911009

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,772

Year Built

  • Built in 1938

Lot Details

  • 5,051 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 5330550500

Community Details

Overview

  • 3 Units
  • San Diego Community

Building Details

  • Net Operating Income $46,434

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,772

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Laurel
  • Neighborhood: Bankers Hill
  • LP / Sq Ft: 22.33
  • Stories: 1 Story
  • Sale Price List Price: 0.95
  • Total Stories: 1
  • Year Built: 1938
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Cooling: Central Forced Air, Wall/Window

Condo/Co-op/Association

  • Complex Name: San Diego
  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 5330550500
  • Estimated Lot Sq Ft: 5051

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 46434
  • Annual Expense Actual: 31614
  • Annual Expense Projected: 31614
  • Gross Rent Multiplier Actual: 21.5
  • Gross Rent Multiplier Projected: 15.3
  • Gross Sched Income Actual: 80460
  • Gross Sched Income Projected: 113724
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1
  • Other Income Actual: 840
  • Other Income Projected: 840.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
2519 Columbia Llc
Bought by
2519 Columbia Llc
Current Estimated Value
$1,836,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Outstanding Balance
$1,168,269
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
$668,210

Purchase Details

Closed on
Apr 25, 2024
Sold by
Eldahmy R/E Services Llc
Bought by
2519 Columbia Llc

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 6, 2023
Sold by
Pfeiffer Properties Llc
Bought by
Eldahmy Real Estate Services Llc
Seller's Agent
Doug Taber
Keller Williams Realty
Buyer's Agent
Aziz Zakkout
Zakkout Real Estate Services
List Price
$1,750,000
Sold Price
$1,655,000
Premium/Discount to List
-$95,000
-5.43%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$550,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2021
Closed on
Oct 18, 2021
Sold by
Alvarado Anna and The Anna Alvarado Living Trust
Bought by
Pfeiffer Properties Llc
Seller's Agent
Rob Cunningham
ROA California Inc
List Price
$1,250,000
Sold Price
$1,072,500
Premium/Discount to List
-$177,500
-14.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.83%

Purchase Details

Closed on
Apr 19, 2004
Sold by
Alvarado Anna
Bought by
Alvarado Anna

Purchase Details

Closed on
Nov 30, 1999
Sold by
J S Properties Llc
Bought by
Alvarado Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,750
Interest Rate
9.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 1999
Sold by
Toone James R
Bought by
J S Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,750
Interest Rate
9.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 1996
Sold by
Home Savings Of America
Bought by
Toone James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 24, 1996
Sold by
Richard Schierholz
Bought by
Home Svgs Of America Fsb

Purchase Details

Closed on
Mar 9, 1990
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
2519 Columbia Llc -- Provident Title
2519 Columbia Llc -- None Listed On Document
Eldahmy Real Estate Services Llc $1,655,000 Chicago Title
Pfeiffer Properties Llc $1,072,500 Corinthian Title
Alvarado Anna -- --
Alvarado Anna $215,000 Commonwealth Land Title Co
J S Properties Llc $110,000 Commonwealth Land Title Co
Toone James R $110,000 Old Republic Title Company
Home Svgs Of America Fsb $151,200 Fidelity National Title Ins
-- $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2519 Columbia Llc $2,750,000
Previous Owner Eldahmy Real Estate Services Llc $550,000
Previous Owner Alvarado Anna $182,750
Previous Owner Toone James R $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Sold $1,655,000 -5.4% --
04/24/2023 04/24/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $1,750,000 +63.2% --
11/04/2021 11/04/21 Sold $1,072,500 -14.2% -- View Prior Sale
10/10/2021 10/10/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $1,250,000 0.0% --
09/10/2021 09/10/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $1,250,000 0.0% --
08/16/2021 08/16/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $1,250,000 0.0% --
06/25/2021 06/25/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $1,250,000 -- --
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 $20,772 $1,721,862 $1,305,702 $416,160
2024 $20,772 $1,688,100 $1,280,100 $408,000
2023 $13,441 $1,072,500 $800,000 $272,500
2022 $13,083 $1,072,500 $800,000 $272,500
2021 $3,799 $305,268 $198,785 $106,483
2020 $3,754 $302,139 $196,747 $105,392
2019 $3,687 $296,216 $192,890 $103,326
2018 $3,448 $290,408 $189,108 $101,300
2017 $80 $284,714 $185,400 $99,314
2016 $3,310 $279,132 $181,765 $97,367
2015 $3,262 $274,940 $179,035 $95,905
2014 $3,212 $269,555 $175,528 $94,027
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Doug Taber

    Keller Williams Realty

    Section Image
  • Aziz Zakkout

    Buyer's Agent in 2023

    Aziz Zakkout

    Zakkout Real Estate Services

    (858) 531-4442

    1 in this area

    18 Total Sales

    Aziz Zakkout
    Section Image
  • Rob Cunningham

    Seller's Agent in 2021

    Rob Cunningham

    ROA California Inc

    (619) 804-5972

    1 in this area

    55 Total Sales

    Rob Cunningham
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 230005955

San Diego MLS

APN: 533-055-05

California San Diego County San Diego 92101 Middletown

2519 Columbia St, San Diego, CA

This home is located at 2519 Columbia St, San Diego, CA 92103 since 31 March 2023 and is currently estimated at $1,836,479. This property was built in 1938. 2519 Columbia St is a home located in San Diego County with nearby schools including Washington Elementary School, Roosevelt International Middle School, and Museum School.

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