Doug Lister
United Real Estate San Diego
(858) 298-3403
51 Total Sales
1 in Imperial Beach
$607,400 Price
306 Elm Ave Imperial Beach, CA 91932
Imperial Beach AreaEstimated Value: $1,067,000 - $1,245,441
8
Beds
4
Baths
2,784
Sq Ft
$415/Sq Ft
Est. Value
Highlights
- City View
- Partially Fenced Property
- Gravity Heating System
- Corner Lot
- West of 5 Freeway
- 1-Story Property
About This Home
As of May 2023Only 2 Blocks from the beach! Situated on the corner of 3rd Street and Elm Avenue, this corner lot totals .27 acres. This sale consists of two parcels being sold together - 306-308 Elm Ave and 861-865 3rd St. The property consists of two duplexes, for a total of four (4) units. Each unit is 2 bedrooms, 1 bath, and approximately 692 square feet. In addition to the 4 units, there are two (2), 2-car detached garages that provide an excellent opprotunity to convert to ADUs, and each unit has its own fenced yard. The units can be upgraded to higher-end finishes, providing over a 40% potential upside in rents. This property offers a rare opportunity to own a large corner lot only 2-blocks from the beach in one of San Diego's most up-and-coming coastal communities.
Last Agent to Sell the Property
LPT Realty, Inc License #01384181 Listed on: 03/02/2023
Last Buyer's Agent
Kate Gillingham Milke
Coronado Island Realty License #01782461
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Lot Details
- 11,531 Sq Ft Lot
- Partially Fenced Property
- Corner Lot
- Level Lot
Home Design
- Composition Roof
- Stucco Exterior
Interior Spaces
- 1-Story Property
- City Views
Location
- West of 5 Freeway
Utilities
- Gravity Heating System
- Separate Water Meter
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas/propane
- Assessor Parcel Number 625-293-23-00
Community Details
Overview
- 2 Buildings
- 4 Units
Pet Policy
- Pets Allowed
Building Details
- Net Operating Income $58,396
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
Mar 2, 2023
Closed on
Apr 26, 2023
Sold by
Revocabl Morton and Revocabl Marcia
Bought by
Seller's Agent
Glen Henderson
LPT Realty, Inc
Buyer's Agent
Kate Gillingham Milke
Coronado Island Realty
List Price
$2,099,900
Sold Price
$1,955,400
Premium/Discount to List
-$144,500
-6.88%
Views
73
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$800,253
Avg. Annual Appreciation
-14.83%
Original Mortgage
$1,250,000
Outstanding Balance
$1,200,916
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
-$45,769
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Imperial Beach, CA
-
Doug Lister
-
Michael Solis
Michael Solis
Keller Williams San Diego Metro
(442) 273-1951
182 Total Sales
1 in Imperial Beach
$929,000 Price
-
Arianna Schwarz
Arianna Schwarz
Real Brokerage Technologies
(858) 585-4234
165 Total Sales
2 in Imperial Beach
$962,008 Price Range
-
Clark Moses
Clark Moses
Stonegate Realty & Mortgage
(858) 630-6787
54 Total Sales
1 in Imperial Beach
$405,000 Price
-
Jeffrey Sill
Jeffrey Sill
Compass
(858) 346-5397
67 Total Sales
1 in Imperial Beach
$600,000 Price
-
Andrea Flint-Gogek
Andrea Flint-Gogek
Tranquility Real Estate Services
(619) 613-2567
144 Total Sales
2 in Imperial Beach
$1.3M - $1.4M Price Range
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 |
|---|---|---|---|
| $2,000,000 | Commonwealth Land Title |
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 | $1,250,000 |
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 |
|---|---|---|---|---|
| 05/15/2023 05/15/23 | Sold | $1,955,400 | -6.9% | $702 / Sq Ft |
| 03/30/2023 03/30/23 | Pending | -- | -- | -- |
| 03/02/2023 03/02/23 | For Sale | $2,099,900 | -- | $754 / Sq Ft |
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 | $13,212 | $1,061,207 | $848,966 | $212,241 |
| 2025 | $12,330 | $1,040,400 | $832,320 | $208,080 |
| 2024 | $12,330 | $1,020,000 | $816,000 | $204,000 |
| 2023 | $2,574 | $161,077 | $73,218 | $87,859 |
| 2022 | $2,453 | $157,920 | $71,783 | $86,137 |
| 2021 | $2,358 | $154,825 | $70,376 | $84,449 |
| 2020 | $2,484 | $153,239 | $69,655 | $83,584 |
| 2019 | $2,497 | $150,236 | $68,290 | $81,946 |
| 2018 | $2,600 | $147,291 | $66,951 | $80,340 |
| 2017 | $2,365 | $144,404 | $65,639 | $78,765 |
| 2016 | $2,322 | $141,573 | $64,352 | $77,221 |
| 2015 | $2,262 | $139,448 | $63,386 | $76,062 |
| 2014 | $2,190 | $136,718 | $62,145 | $74,573 |
Source: Public Records
Agents Affiliated with this Home
-
Glen Henderson
Seller's Agent in 2023
Glen Henderson
LPT Realty, Inc
(619) 889-7646
164 Total Sales
-
KG
Buyer's Agent in 2023
Kate Gillingham Milke
Coronado Island Realty
Map
Source: San Diego MLS
MLS Number: 230003954
APN: 625-293-23
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