NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
1947 Built

Sale Details

Date Sold: January 14, 2021

Last sale price $1,285,000 $0 Per Sq Ft

32 Days on Market

About This Home

As of January 2021

268 -270 Ash Ave is a 4 unit investment property located near the upcoming $1.1B Chula Vista Bayfront development. Property comprised of 4 spacious 2 bedroom/1 bathroom units on a 8,684 sq ft lot. Each unit has an assigned 1 car garage that has washer and dryer hook ups. Great opportunity to take advantage of historically low interest rates.

Last Agent to Sell the Property

Ivan Ramos

Crescent Bay Properties License #02008339 Listed on: 11/08/2020

Last Buyer's Agent

Ngoc-Nu Nguyen

Realty Of America Corp. License #01338360

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Home Design

  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Property is Fully Fenced

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 567-052-03-00

Community Details

Overview

  • 4 Units
  • Complex Community

Additional Features

  • Net Operating Income $51,463
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: F St
  • Neighborhood: Chula Vista
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Total Stories: 2
  • Year Built: 1947
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Complex Name: Complex
  • Community: CHULA VISTA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 567-052-03-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 51463
  • Gross Rent Multiplier Actual: 16.5
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2020
Closed on
Dec 22, 2020
Sold by
Bought by
Seller's Agent
Ivan Ramos
Crescent Bay Properties
Buyer's Agent
Ngoc-Nu Nguyen
Realty Of America Corp.
List Price
$1,325,000
Sold Price
$1,285,000
Premium/Discount to List
-$40,000
-3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$853,000
Outstanding Balance
$743,677
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2018
Sold by
Bought by

Purchase Details

Closed on
May 22, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2009
Sold by
Bought by

Purchase Details

Closed on
May 24, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
3.9%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,285,000 Ticor Title San Diego Branch
-- None Available
-- First American Title Company
$408,000 First American Title Company
$492,900 Accommodation
$770,000 Fidelity National Title
-- Fidelity National Title
$205,000 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $853,000
Previous Owner $114,083
Previous Owner $280,800
Previous Owner $306,000
Previous Owner $616,000
Previous Owner $397,000
Previous Owner $998,500
Previous Owner $189,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/14/2021 01/14/21 Sold $1,285,000 -3.0% --
12/11/2020 12/11/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $1,325,000 0.0% --
11/23/2020 11/23/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $1,325,000 -- --
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,567 $1,418,741 $772,855 $645,886
2025 $15,984 $1,390,923 $757,701 $633,222
2024 $15,984 $1,363,651 $742,845 $620,806
2023 $15,768 $1,336,914 $728,280 $608,634
2022 $15,314 $1,310,700 $714,000 $596,700
2021 $5,677 $485,384 $178,448 $306,936
2020 $5,541 $480,408 $176,619 $303,789
2019 $5,398 $470,989 $173,156 $297,833
2018 $5,315 $461,755 $169,761 $291,994
2017 $10 $452,702 $166,433 $286,269
2016 $5,080 $443,826 $163,170 $280,656
2015 $5,008 $437,161 $160,720 $276,441
2014 $4,926 $428,598 $157,572 $271,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200051112

San Diego MLS

APN: 567-052-03-00

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