NOT LISTED FOR SALE

Estimated Value: $1,327,000 - $1,437,000

5 Beds
2 Baths
2,280 Sq Ft
$607/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $1,375,000 $603 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,310/month

5 Days on Market

Highlights

  • City Lights View
  • Property is Fully Fenced
  • Level Lot
  • Fireplace

About This Home

As of July 2024

BACK-UP OFFERS are WELCOMED. RARE OPPORTUNITY! Spacious DUPLEX custom built in the early 1900's with vintage charm in a niche neighborhood of Golden Hill. Location Location Location makes this property perfect for extended families to live together, or the owner lives in one and enjoys rental income from the other, a rental investment or perfect location for short term vacation rentals. This property offers an unmatched living experience and investment opportunity. Property consists of 2 homes (approx 1140 sf each) on a large FLAT 7,037 sf lot, 4 separate single car garages with alley access and a laundry room, fully fenced, mature landscape, 7 fruit trees, rain barrels, rain gutters, and development opportunity to add an ADU above the garages increasing your cash flow. Homes are on separate gas and electric meters and share a water meter. READ MORE BELOW... The downstairs home has 2 bedrooms 1 bath, spacious open living and dining area, updated butler kitchen and bathroom, wood floors throughout, fireplace in living area, high ceilings, wood beams, and picture windows. Window AC and portable heat. The upstairs home has 3 bedrooms 1 bath, high ceilings, updated kitchen, top down-bottom up blinds, ceiling fans throughout, and lots of windows for natural lighting and cool breezes. Main bedroom with french doors to your south facing balcony and 7 foot closet. Force air Heat no cooling. Huge stand-up attic of approx. 1,000 sf. No insulation. Grass was removed in front yard and replaced with 4 foot planters and rocks with drip lines. Enjoy this fabulous location with bus lines across the street, markets, restaurants, services, yoga, coffee shops and more. Short distance to Balboa Park, Balboa Golf Course, Golden Hill Park, GH Rec. Center, South Park, Petco, Downtown San Diego, Little Italy. Easy access to major employment centers like Downtown, Mission Valley, Coronado, Navy Station South Bay, International Airport, I-5, 94 and 805 fwy and more!

Last Agent to Sell the Property

Josie Sarullo

Dunn, REALTORS/Park Pacific License #01413075 Listed on: 05/30/2024

Last Buyer's Agent

Sherry Chen

Compass License #02109149

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,312

Year Built

  • Built in 1923

Lot Details

  • 7,037 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Fireplace
  • City Lights Views

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Dieguito High School District

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 534-280-21-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,312

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: 25th STREET
  • Neighborhood: GOLDEN HILL
  • Supplement: The downstairs home has 2 bedrooms 1 bath, spacious open living and dining area, updated butler kitchen and bathroom, wood floors throughout, fireplace in living area, high ceilings, wood beams, and picture windows. Window AC and portable heat. The upstairs home has 3 bedrooms 1 bath, high ceilings, updated kitchen, top down-bottom up blinds, ceiling fans throughout, and lots of windows for natural lighting and cool breezes. Main bedroom with french doors to your south facing balcony and 7 foot closet. Force air Heat no cooling. Huge stand-up attic of approx. 1,000 sf. No insulation. Grass was removed in front yard and replaced with 4 foot planters and rocks with drip lines. Enjoy this fabulous location with bus lines across the street, markets, restaurants, services, yoga, coffee shops and more. Short distance to Balboa Park, Balboa Golf Course, Golden Hill Park, GH Rec. Center, South Park, Petco, Downtown San Diego, Little Italy. Easy access to major employment centers like Downtown, Mission Valley, Coronado, Navy Station South Bay, International Airport, I-5, 94 and 805 fwy and more!
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1923
  • 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: Wood/Stucco
  • Fencing: Full
  • Roof: Composition
  • View: Evening Lights

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heat Equipment: Fireplace

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: SAN DIEGO

Schools

  • School District URL: http://www.sduhsd.net/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Dieguito High School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Public Street, Sidewalks
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: RM-1-2
  • Assessments: Yes/Remarks
  • Assessor Parcel Number: 534-280-21-00
  • Estimated Lot Sq Ft: 7037
  • Map Code Column: D
  • Map Code Page: 1289
  • Map Code Row: 3

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Percent Owner Occupancy: 100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jun 10, 2024
Sold by
Josephine Sarullo Living Trust and Dowell Candice D
Bought by
Wu Cindy Aien and Feng Raymond
Seller's Agent
Josie Sarullo
Dunn, REALTORS/Park Pacific
Buyer's Agent
Sherry Chen
Compass
List Price
$1,375,000
Sold Price
$1,375,000
Views
21
Current Estimated Value
$1,384,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,185
Avg. Annual Appreciation
0.53%
Original Mortgage
$1,168,750
Outstanding Balance
$1,153,605
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$230,580

Purchase Details

Closed on
Apr 4, 2022
Sold by
Josephine Sarullo Revocable Living Trust
Bought by
Josephine Sarullo Living Trust

Purchase Details

Closed on
May 12, 2021
Sold by
Menas Alice Ely and The Alice Ely Menas Trust
Bought by
Sarullo Josephine and Josephine Sarullo Revocable Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2000
Sold by
Menas Alice E
Bought by
Menas Alice Ely

Purchase Details

Closed on
Dec 16, 1999
Sold by
Menas Alice E
Bought by
The Alice Ely Menas Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,900
Interest Rate
4.37%

Purchase Details

Closed on
Oct 21, 1999
Sold by
Winn Peter J
Bought by
Menas Alice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,900
Interest Rate
4.37%

Purchase Details

Closed on
Oct 18, 1999
Sold by
Winn Peter J Inc
Bought by
Winn Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,900
Interest Rate
4.37%

Purchase Details

Closed on
Aug 22, 1995
Sold by
Winn Peter J
Bought by
Peter J Winn Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.5%

Purchase Details

Closed on
Aug 17, 1994
Sold by
Hom Winthrop Edward
Bought by
Peter J Winn Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.73%

Purchase Details

Closed on
Jun 26, 1985
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
Wu Cindy Aien $1,375,000 Corinthian Title
Josephine Sarullo Living Trust -- None Listed On Document
Sarullo Josephine $795,000 Corinthian Title
Menas Alice Ely -- --
The Alice Ely Menas Trust -- --
Menas Alice E $195,000 American Title Co
Winn Peter J -- American Title Co
Peter J Winn Inc -- American Title Ins Co
Winn Peter J -- American Title Ins Co
Peter J Winn Inc $82,065 --
-- $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Cindy Aien $1,168,750
Previous Owner Sarullo Josephine $475,000
Previous Owner Menas Alice E $155,900
Previous Owner Winn Peter J $122,000
Previous Owner Peter J Winn Inc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2024 07/03/24 Sold $1,375,000 0.0% $603 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $1,375,000 -- $603 / 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 $11,312 $1,375,000 $1,085,000 $290,000
2024 $11,312 $920,900 $644,631 $276,269
2023 $11,056 $902,844 $631,992 $270,852
2022 $12,312 $276,726 $142,557 $134,169
2021 $3,401 $276,726 $142,557 $134,169
2020 $3,358 $273,890 $141,096 $132,794
2019 $3,298 $268,521 $138,330 $130,191
2018 $3,084 $263,257 $135,618 $127,639
2017 $3,009 $258,096 $132,959 $125,137
2016 $2,958 $253,036 $130,352 $122,684
2015 $2,913 $249,236 $128,394 $120,842
2014 $2,867 $244,354 $125,879 $118,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240012111

San Diego MLS

APN: 534-280-21