NOT LISTED FOR SALE

Estimated Value: $706,000 - $880,000

2 Beds
2 Baths
876 Sq Ft
$907/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $699,000 $798 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,948/month

63 Days on Market

Highlights

  • Heating Available
  • 1-Story Property
  • 3-minute walk to L street Mini Park

About This Home

As of July 2023

Discover an exceptional investment opportunity in Grant Hill with this fully remodeled duplex. Situated on a 6,531 SF lot, both units are both 1 bedroom, 1 bathroom approximately 450 SF each with new cabinets, floors, mini splits, kitchens & bathroom. One of the units was just rented for $2,000. Additionally, the property includes plans for 9 additional ADUs, expertly designed by ADU Geeks, which will be conveyed to the new owner. Don't miss out on this prime Grant Hill location, just blocks from Golden Hill and its potential for both immediate and future income.

Last Agent to Sell the Property

Tiffany Hoffman

eXp Realty of California, Inc. License #01976932 Listed on: 04/11/2023

eXp Realty of California, Inc.

Last Buyer's Agent

Be Nguyen

Blue Star Realty West License #01709604

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,619

Year Built

  • Built in 1950

Lot Details

  • 6,630

Home Design

  • Composition Roof
  • Vinyl Siding

Additional Features

  • 1-Story Property
  • 6,630 Sq Ft Lot
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 535-532-38-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,619

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Island Ave
  • Neighborhood: Grant Hill
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1950
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Vinyl
  • Roof: Composition

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 535-532-38-00
  • Estimated Lot Sq Ft: 6630

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • 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
Apr 11, 2023
Closed on
Jun 27, 2023
Sold by
Morrison Robert Vincent and Catrambone Christopher James
Bought by
Nguyen The V and Vang Mai Sue
Seller's Agent
Tiffany Hoffman
eXp Realty of California, Inc.
Buyer's Agent
Be Nguyen
Blue Star Realty West
List Price
$699,000
Sold Price
$699,000
Views
247
Current Estimated Value
$794,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,795
Avg. Annual Appreciation
5.90%
Original Mortgage
$594,150
Outstanding Balance
$579,976
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$214,819

Purchase Details

Listed on
Jul 14, 2022
Closed on
Sep 7, 2022
Sold by
Barroll Morrison Virginia
Bought by
Morrison Robert Vincent
Seller's Agent
Adrianna Flores-Mellos
Innovate Realty, Inc.
Buyer's Agent
Agne Isidro
Innovate Realty, Inc.
List Price
$550,000
Sold Price
$465,000
Premium/Discount to List
-$85,000
-15.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.39%
Original Mortgage
$469,900
Interest Rate
4.99%
Mortgage Type
New Conventional
Source: Public Records

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
Nguyen The V $699,000 Fidelity National Title
Morrison Robert Vincent -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen The V $594,150
Previous Owner Morrison Robert Vincent $469,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2023 07/13/23 Sold $699,000 0.0% $798 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $699,000 0.0% $798 / Sq Ft
06/04/2023 06/04/23 Off Market $699,000 -- --
05/05/2023 05/05/23 Price Changed $699,000 -6.7% $798 / Sq Ft
05/02/2023 05/02/23 Price Changed $749,000 -6.1% $855 / Sq Ft
04/18/2023 04/18/23 Price Changed $798,000 -0.1% $911 / Sq Ft
04/11/2023 04/11/23 For Sale $799,000 +71.8% $912 / Sq Ft
09/15/2022 09/15/22 Sold $465,000 -15.5% $517 / Sq Ft View Prior Sale
08/04/2022 08/04/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $550,000 -- $611 / 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
2025 $8,619 $712,979 $611,803 $101,176
2024 $8,619 $699,000 $599,807 $99,193
2023 $5,559 $451,000 $387,000 $64,000
2022 $696 $61,489 $26,770 $34,719
2021 $689 $60,285 $26,246 $34,039
2020 $681 $59,667 $25,977 $33,690
2019 $667 $58,498 $25,468 $33,030
2018 $624 $57,352 $24,969 $32,383
2017 $80 $56,229 $24,480 $31,749
2016 $595 $55,127 $24,000 $31,127
2015 $585 $54,300 $23,640 $30,660
2014 $575 $53,237 $23,177 $30,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230006619

San Diego MLS

APN: 535-532-38