3517-19 Menlo Ave San Diego, CA 92105
Fairmount Village Neighborhood
3
Beds
4
Baths
1,754
Sq Ft
6,193
Sq Ft Lot
About This Home
As of July 20253517-19 Menlo Ave features 3 fully renovated units that are currently generating impressive revenue metrics through both short term and long term rentals. The unit mix of the property consists of (1) 2bd/2ba unit, (1) 1bd/1ba unit, and (1) studio. Over the past 12 months, the 3 units reported $118,853 in total gross earnings through the combination of short and long term rentals. This property has been ideal for visitors that are in search of a peaceful vacation rental in metro San Diego that is within close proximity of all major sights and scenes that San Diego has to offer. For this reason, finding success through long term rentals with this property is also available to an investor that decides to do so. Especially due to its proximity to downtown and other major employment hubs. The property will also be delivered with plans for (2) 700 square foot ADUs in the back. The plan is for 2 stories, each with 2 bedrooms/1 bathroom and a private deck for the second floor unit. The studio is unpermitted but there is an official lease attached to it.
Last Agent to Sell the Property
Nara Advisors, Inc. License #02068011 Listed on: 04/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,462
Year Built
- Built in 1941
Additional Features
- 1-Story Property
- 6,193 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 476-061-13-00
Community Details
Overview
- 2 Units
- City Heights Community
Building Details
- Net Operating Income $77,254
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2025
Closed on
Jun 19, 2025
Sold by
One Sophisticate Llc
Bought by
Grajales Jose Antonio Selv and Sanchez Jessica
Seller's Agent
Jason Lee
Nara Advisors, Inc.
Buyer's Agent
Christopher Burgos
Coldwell Banker West
List Price
$1,150,000
Sold Price
$1,150,000
Total Days on Market
26
Views
43
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-79.96%
Original Mortgage
$977,500
Outstanding Balance
$976,668
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$2,569
Purchase Details
Closed on
Apr 7, 2023
Sold by
Morgan Dillon
Bought by
Dillon Morgan Revocable Trust
Purchase Details
Closed on
Apr 16, 2021
Sold by
Rankin Cameron T and Rankin Meagan E
Bought by
Morgan Dillon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 28, 2017
Sold by
Gg Advisors Llc
Bought by
Rankin Cameron T and Rankin Meagan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
4.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 7, 2017
Sold by
Schutte Pearl Aurelia
Bought by
Gg Advisors Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 11, 2007
Sold by
Schutte Pearl Aurelia
Bought by
Schutte Pearl Aurelia
Purchase Details
Closed on
Feb 21, 2005
Sold by
Schutte August Christopher
Bought by
Schutte Pearl Aurelia
Purchase Details
Closed on
Jan 16, 2003
Sold by
Schutte Pearl A
Bought by
Schutte Pearl A and Schutte August C
Similar Homes in San Diego, CA
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 | $1,150,000 | First American Title Company | |
| Grant Deed | -- | First American Title | |
| Deed | -- | Lawyers Title | |
| Grant Deed | $800,000 | Ticor Title | |
| Grant Deed | $640,000 | Corinthian Title | |
| Grant Deed | $275,000 | Corinthian Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $977,500 | New Conventional | |
| Previous Owner | $760,000 | New Conventional | |
| Previous Owner | $544,000 | New Conventional | |
| Previous Owner | $315,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $75,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Sold | $1,150,000 | 0.0% | $656 / Sq Ft |
| 05/22/2025 05/22/25 | Pending | -- | -- | -- |
| 05/09/2025 05/09/25 | For Sale | $1,150,000 | 0.0% | $656 / Sq Ft |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 04/25/2025 04/25/25 | For Sale | $1,150,000 | -- | $656 / 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 | $10,462 | $865,943 | $618,532 | $247,411 |
| 2024 | $10,462 | $848,964 | $606,404 | $242,560 |
| 2023 | $10,231 | $832,318 | $594,514 | $237,804 |
| 2022 | $9,959 | $815,999 | $582,857 | $233,142 |
| 2021 | $8,237 | $672,751 | $480,537 | $192,214 |
| 2020 | $8,222 | $665,854 | $475,610 | $190,244 |
| 2019 | $8,076 | $652,799 | $466,285 | $186,514 |
| 2018 | $4,226 | $357,000 | $255,000 | $102,000 |
| 2017 | $608 | $56,233 | $46,060 | $10,173 |
| 2016 | $595 | $55,131 | $45,157 | $9,974 |
| 2015 | $585 | $54,304 | $44,479 | $9,825 |
| 2014 | $576 | $53,241 | $43,608 | $9,633 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Jason Lee
Nara Advisors, Inc.
(858) 221-9649
4 in this area
124 Total Sales
-
Buyer's Agent in 2025
Christopher Burgos
Coldwell Banker West
(754) 777-3333
1 in this area
59 Total Sales
Map
Source: San Diego MLS
MLS Number: 250025606
APN: 476-061-13
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