NOT LISTED FOR SALE

Estimated Value: $995,000 - $1,036,216

5 Beds
3 Baths
1,776 Sq Ft
$573/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $938,000 $528 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,693/month

89 Days on Market

About This Home

As of October 2022

Featuring 2 separate structures which include front unit A 1bd/1ba and a duplex 2bd/1ba with 2 car garage attached for each unit. All 3 units are in good shape with upside potential on rent. All pictures are taken recently. Duplex was a newer built in 2008. Detached 1 bed/1ba unit has been rented for $1750 per month. Unit B 2/1 is currently month to month and rented for $1675 per month Unit C 2/1 is under 1 year lease and rented for $1750 per month

Last Agent to Sell the Property

Kyle Lai

DT America Realty License #01499905 Listed on: 06/16/2022

Last Buyer's Agent

Matt Gover

Coldwell Banker West License #01786955

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,785

Year Built

  • 1941

Lot Details

  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 476-201-17-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $47,890

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,785

Year Built

1941

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: redwood and fairmount
  • Neighborhood: city hights
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Exterior Features

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

Utilities

  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: CITY HEIGHTS
  • Manager Name: Kyle Lai
  • Manager Phone: 858-666-6667

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 476-201-17-00

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 47890
  • Annual Expense Actual: 14210
  • Gross Rent Multiplier Actual: 19.8
  • Gross Sched Income Actual: 62100
  • Gross Sched Income Projected: 62100
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Obrien Miles M
Bought by
Mob Enterprises Llc
Total Days on Market
89
Current Estimated Value
$1,017,304

Purchase Details

Listed on
Jun 16, 2022
Closed on
Oct 4, 2022
Sold by
Lai Kha D and Lai Nga T
Bought by
Obrien Miles M
Seller's Agent
Kyle Lai
DT America Realty
Buyer's Agent
Matt Gover
Coldwell Banker West
List Price
$950,000
Sold Price
$938,000
Premium/Discount to List
-$12,000
-1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Original Mortgage
$540,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2021
Sold by
Vanpham Tuan and Vanpham Thuy Luu
Bought by
Lai Kha D and Lam Nga T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,750
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2012
Sold by
Luu Lynn
Bought by
Vanpham Tuan and Luu Lynn Thuy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,800
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2011
Sold by
Luu Lynn
Bought by
The Tuan Van Pham & Lynn Thuy Luu Joint

Purchase Details

Closed on
Apr 13, 2010
Sold by
Capital One Na
Bought by
Luu Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2010
Sold by
Jarboe Thomas R and Jarboe Gloria I
Bought by
Capital One Na

Purchase Details

Closed on
May 9, 2006
Sold by
Glisson Amos E and Glisson Alma J
Bought by
Jarboe Thomas R and Jarboe Gloria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac
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

Date Buyer Sale Price Title Company
Mob Enterprises Llc -- None Listed On Document
Obrien Miles M $938,000 Atlas Title Company
Lai Kha D $769,000 Fidelity Natl Ttl San Diego
Vanpham Tuan -- Ticor Title Company Of Calif
The Tuan Van Pham & Lynn Thuy Luu Joint -- None Available
Luu Lynn $320,000 Lsi Title Company Inc
Luu Lynn -- Lsi Title Company Inc
Capital One Na $235,000 Accommodation
Jarboe Thomas R $230,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obrien Miles M $540,000
Previous Owner Lai Kha D $75,000
Previous Owner Lai Kha D $576,750
Previous Owner Vanpham Tuan $235,800
Previous Owner Luu Lynn $240,000
Previous Owner Jarboe Thomas R $503,224
Previous Owner Jarboe Thomas R $278,400
Previous Owner Jarboe Thomas R $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $938,000 -1.3% $528 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $949,900 0.0% $535 / Sq Ft
06/16/2022 06/16/22 For Sale $950,000 -- $535 / 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 $11,785 $956,759 $659,405 $297,354
2023 $11,525 $938,000 $646,476 $291,524
2022 $9,574 $784,380 $540,600 $243,780
2021 $4,735 $381,592 $189,604 $191,988
2020 $4,678 $377,680 $187,660 $190,020
2019 $4,595 $370,276 $183,981 $186,295
2018 $4,296 $363,017 $180,374 $182,643
2017 $4,194 $355,900 $176,838 $179,062
2016 $4,127 $348,922 $173,371 $175,551
2015 $4,066 $343,682 $170,767 $172,915
2014 $3,803 $320,000 $158,000 $162,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220015224

San Diego MLS

APN: 476-201-17