NOT LISTED FOR SALE

Estimated Value: $1,496,000 - $1,938,000

4 Beds
2 Baths
1,436 Sq Ft
$1,185/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $1,400,000 $975 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $11,000/month

142 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • West of 5 Freeway
  • Richard Henry Dana Middle School Rated A-

About This Home

As of April 2021

INVESTOR SPECIAL! Call all your investor friends to look at these units. Great location near Shelter Island, Sport Fishing docks, restaurants, and grocery store. Nice two-unit complex each with 2 bedroom and 1 bath. Attached 2-car garage with laundry. Property is zoned RM-3-7 for potential future development. The property next door is in probate and will eventually come on the market. Possible opportunity to build 10 units if you buy this property and can acquire the future probate property next door.

Last Agent to Sell the Property

David Pitta

Choice Properties License #01105205 Listed on: 08/21/2020

Last Buyer's Agent

Maya Lyn

Redfin License #02011634

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,255

Year Built

  • Built in 1948

Lot Details

  • 5,169 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Schools

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

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 2-Story Property
  • West of 5 Freeway

Community Details

  • 2 Units
  • N/K Community

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 530-753-08-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,255

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Rosecrans
  • Neighborhood: Roseville
  • Miscellaneous: Value in Land
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Total Stories: 2
  • Year Built: 1948
  • 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: N/K
  • Community: POINT LOMA

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified 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: Public Street, West of I-5
  • Topography: Level
  • Zoning: RM-3-7
  • Assessor Parcel Number: 530-753-08-00
  • Estimated Lot Sq Ft: 5169
  • Map Code Column: C
  • Map Code Page: 1288
  • Map Code Row: 2

Rental Info

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

Multi Family

  • No. of Units: 2
  • Gross Sched Income Actual: 43200
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Other Income Actual: 3600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2023
Sold by
Hms Real Estate Llc
Bought by
Roya Frotan Living Trust and Frotan
Current Estimated Value
$1,701,280

Purchase Details

Closed on
Jan 19, 2021
Sold by
Ramos Michael J and Goulart Joseph S
Bought by
Hms Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2008
Sold by
Andrade Madeline Mary
Bought by
Andrade Madeline M
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
Roya Frotan Living Trust $1,565,000 Chicago Title
Hms Real Estate Llc $1,400,000 Fidelity Natl Ttl San Diego
Andrade Madeline M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hms Real Estate Llc $910,000
Previous Owner Ramos Michael J $100,000
Previous Owner Ramos Michael J $40,000
Previous Owner Ramos Michael J $50,000
Previous Owner Ramos Michael J $30,000
Previous Owner Ramos Michael J $20,000
Previous Owner Ramos Michael J $10,000
Previous Owner Ramos Michael J $150,000
Previous Owner Ramos Michael J $100,000
Previous Owner Andrade Madeline Mary $400,000
Previous Owner Andrade Madeline M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $1,400,000 -3.4% $975 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
08/21/2020 08/21/20 For Sale $1,449,000 -- $1,009 / 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 $19,255 $1,596,300 $1,428,000 $168,300
2024 $19,255 $1,565,000 $1,400,000 $165,000
2023 $17,878 $1,456,560 $1,300,500 $156,060
2022 $17,403 $1,428,000 $1,275,000 $153,000
2021 $1,006 $85,957 $67,845 $18,112
2020 $994 $85,077 $67,150 $17,927
2019 $975 $83,410 $65,834 $17,576
2018 $911 $81,776 $64,544 $17,232
2017 $888 $80,174 $63,279 $16,895
2016 $871 $78,603 $62,039 $16,564
2015 $857 $77,424 $61,108 $16,316
2014 $843 $75,908 $59,911 $15,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200040394

San Diego MLS

APN: 530-753-08