NOT LISTED FOR SALE

Estimated Value: $1,455,732

5 Beds
4 Baths
-- Sq Ft
5,184 Sq Ft Lot

Sale Details

Date Sold: July 31, 2025

Last sale price $1,415,000 $0 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,207 / mo

About This Home

As of July 2025

322 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

Dylan Ackley

Landmark Multifamily and Development License #02139234 Listed on: 07/31/2025

Landmark Multifamily and Development

Last Buyer's Agent

Minerva Garcia

Coldwell Banker West License #01301915

Coldwell Banker West
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024

Lot Details

  • 5,184

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

Property Details

Home Type

Multi-Family

Year Built

Built in 2024

Lot Details

5,184 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Franklin Ave
  • Neighborhood: mountain view
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Total Stories: 2
  • Year Built: 2024
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Cooling: Wall/Window

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 546-171-13-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 5
  • Actual Net Operating Income: 82000
  • Gross Rent Multiplier Actual: 11.7
  • Number Of Buildings: 2
  • Number Of Furnished Units: 5
  • Number Of Units With Cooling: 5
  • Number Of Units With Dishwashers: 5
  • Number Of Units With Dryers: 5
  • Number Of Units With Fireplaces: 5
  • Number Of Units With Garage: 5
  • Number Of Units With Patios: 5
  • Number Of Units With Range Oven: 5
  • Number Of Units With Refrigerator: 5
  • Number Of Units With Washers: 5

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

Closed on
May 15, 2026
Sold by
Bought by
Current Estimated Value
$1,455,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$698,699
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$757,033

Purchase Details

Closed on
Apr 15, 2026
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$698,699
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$757,033

Purchase Details

Listed on
Jul 31, 2025
Closed on
Jul 22, 2025
Sold by
Bought by
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%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%

Purchase Details

Closed on
Oct 25, 2023
Sold by
Bought by

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
Bought by

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
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Fidelity National Title
-- Fidelity National Title
$1,415,000 First American Title Company
-- Lawyers Title Company
$400,000 --
-- None Available
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 $700,000
Previous Owner $200,000
Previous Owner $3,000,000
Previous Owner $1,053,000
Previous Owner --
Previous Owner $3,000,000
Previous Owner $75,000
Previous Owner $435,700
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 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

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 $5,767 $1,415,000 $820,000 $595,000
2025 $5,767 $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

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Map

Source: San Diego MLS

MLS Number: 250034983

San Diego MLS

APN: 546-171-13

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