NOT LISTED FOR SALE

Estimated Value: $889,000 - $1,076,000

4 Beds
2 Baths
1,324 Sq Ft
$748/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $879,000 $664 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,173/month

8 Days on Market

Highlights

  • No HOA
  • 3-minute walk to 25Th & Commercial
  • No Heating
  • Laundry Room
  • Stacked Washer and Dryer
  • 1-Story Property

About This Home

As of December 2023

Great 2 Unit Complex, perfect for first time buyers, live in one, rent the other. Recently remodel includes: New Stucco, new dual pane windows, AC mini split systems, patio decks, low maintenance patios, stainless steel appliances, High end vinyl flooring, Kitchen cabinets, bath vanities, lighting and much more... Located within a mile to Petco stadium, Balboa Park and Gaslamp. 2 bedrooms/1 bathroom each unit, occupied unit rented for $2850. All financing is welcome! Seller is open to give credit to lower buyers interest rate.

Last Agent to Sell the Property

Claudia Williams

Premier Agency R.E. Inc License #01829565 Listed on: 11/21/2023

Premier Agency R.E. Inc

Last Buyer's Agent

Carol Pizzo

Engel & Voelkers San Francisco License #00973227

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,830

Year Built

  • Built in 1903

Lot Details

  • 2,423 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 1,324 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Lot 08001
  • Tax Tract Number 478
  • Assessor Parcel Number 5354911000
  • $33 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,200
  • New Taxes Expense $4,800
  • Gross Income $66,000
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,830

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.00
  • Price Per Unit: 437500
  • Property Attached: Yes
  • View: No
  • Zoning: Commercial
  • Property Type: Residential Income
  • Parcel Number: 5354911000
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 663.90

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Stackable
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2423.00
  • Lot Size Acres: 0.0556

Multi Family

  • Gross Income: 66000.00
  • Gross Scheduled Income: 66000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 2423.0000 Square Feet
  • Net Operating Income: 1200.00
  • 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: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 1500.00
  • Rent Control: No
  • Total Actual Rent: 2850.00

Tax Info

  • New Taxes Expense: 4800.00
  • Tax Lot: 08001
  • Tax Tract Number: 000478
  • TaxOtherAnnualAssessmentAmount: 33.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Dec 26, 2023
Sold by
Blooming Town Investments Llc
Bought by
Masubuchi Toshihiro and Wong Jackie
Seller's Agent
Claudia Williams
Premier Agency R.E. Inc
Buyer's Agent
Carol Pizzo
Engel & Voelkers San Francisco
List Price
$875,000
Sold Price
$879,000
Premium/Discount to List
$4,000
0.46%
Views
170
Current Estimated Value
$990,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,089
Avg. Annual Appreciation
6.91%
Original Mortgage
$791,100
Outstanding Balance
$778,489
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$211,600

Purchase Details

Listed on
Apr 13, 2021
Closed on
Apr 27, 2021
Sold by
Ibarra Juan M and Coronado Nicholi
Bought by
Blooming Town Investments Llc
Seller's Agent
Jan Farley
San Diego Living
Buyer's Agent
Claudia Williams
Premier Agency R.E. Inc
List Price
$589,000
Sold Price
$600,000
Premium/Discount to List
$11,000
1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.63%
Original Mortgage
$540,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2017
Sold by
Coronado Nicholi
Bought by
Ibarra Juan M and Coronado Nicholi M

Purchase Details

Closed on
Feb 4, 2014
Sold by
Starks Jermaine
Bought by
Coronado Nicholl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2008
Sold by
Citibank Na
Bought by
Starks Jermaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 24, 2007
Sold by
Kesner Victor Jean and Pierre Marthe Jean
Bought by
Citibank Na

Purchase Details

Closed on
May 22, 2006
Sold by
Gilles Jean
Bought by
Kesner Victor Jean and Pierre Marthe Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 22, 2006
Sold by
Garcia Mary L
Bought by
Gilles Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 2006
Sold by
Kardos Jason S and Kardos Raquele J
Bought by
Gilles Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 7, 2005
Sold by
Bartley Louise Georgetta
Bought by
Kardos Jason S and Kardos Raquele J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 19, 1997
Sold by
Hanby Joe J
Bought by
Hanby Joe J
Source: Public Records

Range of Values:

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Average Value
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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
Masubuchi Toshihiro $879,000 Ticor Title
Blooming Town Investments Llc $600,000 Chicago Title Company Sd
Ibarra Juan M -- None Available
Coronado Nicholl $325,000 Corinthian Title
Starks Jermaine $200,000 Lsi Title Agency
Starks Jermaine -- Lsi Title Agency
Citibank Na $350,840 Lsi Title
Kesner Victor Jean $520,000 Alliance Title Company
Gilles Jean -- Alliance Title Company
Gilles Jean $508,500 Alliance Title Company
Kardos Jason S $375,000 California Title Company
Hanby Joe J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masubuchi Toshihiro $791,100
Previous Owner Blooming Town Investments Llc $540,000
Previous Owner Coronado Nicholl $276,250
Previous Owner Starks Jermaine $160,000
Previous Owner Kesner Victor Jean $416,000
Previous Owner Gilles Jean $406,400
Previous Owner Kardos Jason S $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2023 12/27/23 Sold $879,000 +0.5% $664 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/21/2023 11/21/23 For Sale $875,000 +45.8% $661 / Sq Ft
05/11/2021 05/11/21 Sold $600,000 +1.9% $453 / Sq Ft View Prior Sale
04/21/2021 04/21/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $589,000 -- $445 / 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
2025 $10,830 $896,580 $535,500 $361,080
2024 $10,830 $879,000 $525,000 $354,000
2023 $7,682 $624,240 $364,140 $260,100
2022 $7,477 $612,000 $357,000 $255,000
2021 $4,569 $368,057 $152,884 $215,173
2020 $4,513 $364,284 $151,317 $212,967
2019 $4,433 $357,142 $148,350 $208,792
2018 $4,146 $350,141 $145,442 $204,699
2017 $4,047 $343,277 $142,591 $200,686
2016 $3,982 $336,547 $139,796 $196,751
2015 $3,923 $331,493 $137,697 $193,796
2014 $2,557 $214,296 $128,578 $85,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2305760

California Regional Multiple Listing Service (CRMLS)

APN: 535-491-10