Seller's Agent in 2025
Dylan Ackley
Landmark Multifamily and Development
(425) 802-5404
1 in this area
18 Total Sales
322 S Pardee St San Diego, CA 92113
Mountain View Neighborhood
5
Beds
4
Baths
--
Sq Ft
5,184
Sq Ft Lot
About This Home
As of July 2025322 S Pardee St offers a rare opportunity to acquire a brand-new construction asset at a 5.9% day-one cap rate, delivering immediate cash flow and strong long-term upside for investors. The property consists of four (4) newly built 1-bedroom/1-bathroom units (Exempt from AB 1482) and a fully renovated detached 2-bedroom/1-bathroom front house. Each 1-bedroom unit features a 490 SF open layout and includes premium amenities such as central HVAC, in-unit washer and dryer, luxury vinyl plank flooring, stainless steel appliances, and high-end modern finishes. The detached 2-bedroom residence offers a spacious 760 SF layout, a private yard, and tandem parking. Centrally located in South Central San Diego, the property benefits from close proximity to major transportation routes including the I-15, I-5, and SR-94 freeways. Residents enjoy quick access to local restaurants, breweries, Costco, and neighborhood conveniences. Downtown San Diego, Petco Park, and other major attractions are just 10 minutes away, making this an ideal location for strong and stable tenant demand.
Last Agent to Sell the Property
Landmark Multifamily and Development License #02139234 Listed on: 07/31/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2024
Home Design
- Composition Roof
- Stucco Exterior
Additional Features
- 2-Story Property
- Gated Home
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tenant pays for electricity, gas/propane
- Assessor Parcel Number 546-171-13-00
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- Net Operating Income $82,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2025
Closed on
Jul 22, 2025
Sold by
Waypoint 51 Llc
Bought by
Jdm Trust and Mcquirter
Seller's Agent
Dylan Ackley
Landmark Multifamily and Development
Buyer's Agent
Minerva Garcia
Coldwell Banker West
List Price
$1,425,000
Sold Price
$1,415,000
Premium/Discount to List
-$10,000
-0.7%
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
-$27,105
Avg. Annual Appreciation
-4.30%
Purchase Details
Closed on
Oct 25, 2023
Sold by
Waypoint Development Llc
Bought by
Waypoint 51 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,053,000
Interest Rate
7.49%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 18, 2022
Sold by
Brown Family Share Of The Johnnie And Ze
Bought by
Waypoint Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,700
Interest Rate
5.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 17, 2015
Sold by
Brown Johnnie M
Bought by
The Johnnie & Zelma Brown Family Trust and Fain Sylvester Leon
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,415,000 | First American Title Company | |
| Grant Deed | -- | Lawyers Title Company | |
| Grant Deed | $400,000 | -- | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,053,000 | Construction | |
| Previous Owner | $435,700 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/31/2025 07/31/25 | Sold | $1,415,000 | -0.7% | -- | |
| 07/31/2025 07/31/25 | For Sale | $1,425,000 | +256.3% | -- | |
| 07/17/2025 07/17/25 | Pending | -- | -- | -- | |
| 09/07/2022 09/07/22 | Sold | $400,000 | 0.0% | $646 / Sq Ft | View Prior Sale |
| 03/29/2022 03/29/22 | Pending | -- | -- | -- | |
| 03/29/2022 03/29/22 | For Sale | $400,000 | -- | $646 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $5,046 | $416,159 | $253,449 | $162,710 |
| 2024 | $5,046 | $408,000 | $248,480 | $159,520 |
| 2023 | $4,775 | $14,965 | $9,114 | $5,851 |
| 2022 | $215 | $14,965 | $9,114 | $5,851 |
| 2021 | $214 | $14,673 | $8,936 | $5,737 |
| 2020 | $211 | $14,524 | $8,845 | $5,679 |
| 2019 | $208 | $14,240 | $8,672 | $5,568 |
| 2018 | $196 | $13,961 | $8,502 | $5,459 |
| 2017 | $80 | $13,688 | $8,336 | $5,352 |
| 2016 | $187 | $13,421 | $8,173 | $5,248 |
| 2015 | $185 | $13,221 | $8,051 | $5,170 |
| 2014 | -- | $12,963 | $7,894 | $5,069 |
Source: Public Records
Agents Affiliated with this Home
-
Dylan Ackley
-
Minerva Garcia
Buyer's Agent in 2025
Minerva Garcia
Coldwell Banker West
(619) 454-7564
3 in this area
27 Total Sales
-
Jessica Foote
Seller's Agent in 2022
Jessica Foote
Native
(858) 461-9612
5 in this area
144 Total Sales
Map
Source: San Diego MLS
MLS Number: 250034983
APN: 546-171-13
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