NOT LISTED FOR SALE

Estimated Value: $1,149,000 - $1,315,000

4 Beds
2 Baths
1,425 Sq Ft
$866/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $850,000 $596 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,803/month

20 Days on Market

About This Home

As of October 2020

This gorgeous turn key duplex has been completely renovated! Property features brand new flooring, stainless appliance package, new cabinets, dual pane windows and renovated bathrooms. Located in highly desirable and quaint Altadena neighborhood. You can't beat the location! West of 805 freeway and central to North Park and South park shopping, entertainment, restaurants and nightlife. 3 assigned off street parking spaces, one car garage and storage unit for tenants.

Last Listed By

Bob Macguire

Robert G Macguire License #01331012 Listed on: 09/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,158

Year Built

  • Built in 1958

Lot Details

  • 0.94

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Community Details

  • 2 Units
  • Duplex Community

Listing and Financial Details

  • Tenant pays for trash, water, electricity, gas/propane
  • Assessor Parcel Number 453-781-09-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,158

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Redwood
  • Neighborhood: North Park
  • LP / Sq Ft: 22.09
  • Stories: 2 Story
  • Sale Price List Price: 1.01
  • Total Stories: 2
  • Year Built: 1958
  • 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: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: Duplex
  • Community: NORTH PARK

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 453-781-09-00

Rental Info

  • Tenant Pays: Trash, Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Annual Expense Actual: 12750
  • Gross Rent Multiplier Actual: 17.54
  • Gross Sched Income Actual: 51000
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Dec 23, 2020
Sold by
Peck Michael and Peck Stephanie
Bought by
Peck Michael and Peck Stephanie
Seller's Agent
Bob Macguire
Robert G Macguire
Buyer's Agent
Wendy Liou
Prime Location
List Price
$845,000
Sold Price
$850,000
Premium/Discount to List
$5,000
0.59%
Total Days on Market
20
Current Estimated Value
$1,233,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,701
Avg. Annual Appreciation
8.36%

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 22, 2020
Sold by
Income Property Advisors
Bought by
Peck Michael and Peck Stephanie
Seller's Agent
Bob Macguire
Robert G Macguire
Buyer's Agent
Wendy Liou
Prime Location
List Price
$845,000
Sold Price
$850,000
Premium/Discount to List
$5,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Outstanding Balance
$576,271
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$649,559

Purchase Details

Closed on
Nov 12, 2019
Sold by
3135 Kal Pacific Llc
Bought by
Income Property Advisors Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
3.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 11, 2006
Sold by
Finkelstein David and Tan Herlinda
Bought by
3135 Kal Pacific Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2006
Sold by
Tan Herlinda and Finkelstein David
Bought by
Finkelstein David and Tan Herlinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2004
Sold by
Kal Pacific Llc
Bought by
Finkelstein David and Tan Herlinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,300
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2002
Sold by
Long Alexander and Long Katherina L
Bought by
Kal Pacific Llc

Purchase Details

Closed on
Apr 24, 2000
Sold by
Pine Properties and Walz Devon S
Bought by
Long John Alexander and Long Katherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.35%
Mortgage Type
Commercial

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
Peck Michael -- Corinthian Title Company Inc
Peck Michael $850,000 Chicago Title Company Sd
Income Property Advisors Inc $685,000 Chicago Title Company
3135 Kal Pacific Llc -- None Available
Finkelstein David -- New Century Title Company
Finkelstein David $349,500 Chicago Title Co
Kal Pacific Llc -- --
Long John Alexander $110,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peck Michael $637,500
Previous Owner Income Property Advisors Inc $615,000
Previous Owner Kal Pacific Llc $175,000
Previous Owner Finkelstein David $464,000
Previous Owner Finkelstein David $256,000
Previous Owner Finkelstein David $279,300
Previous Owner Long John Alexander $95,000
Previous Owner Long John Alexander $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $850,000 +0.6% $596 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $845,000 -- $593 / 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
2024 $11,158 $902,026 $689,785 $212,241
2023 $10,911 $884,340 $676,260 $208,080
2022 $10,619 $867,000 $663,000 $204,000
2021 $10,544 $850,000 $650,000 $200,000
2020 $8,494 $685,000 $422,709 $262,291
2019 $5,031 $402,746 $248,532 $154,214
2018 $4,706 $394,850 $243,659 $151,191
2017 $4,594 $387,109 $238,882 $148,227
2016 $4,520 $379,520 $234,199 $145,321
2015 $4,453 $373,821 $230,682 $143,139
2014 $4,384 $366,500 $226,164 $140,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200042870

San Diego MLS

APN: 453-781-09