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Seller's Agent in 2023
Jordan Kabins
Real Broker
Estimated Value: $954,128 - $1,757,000
Incredible investment opportunity in Logan Heights, San Diego, perfect for investors and developers. This property offers approved plans for the construction of four additional units, providing substantial growth potential. Currently, there is a two-bedroom, four-bathroom single family home on the premises, renting for $3,300 per month. The main house's plumbing has been completely redone. The approved plans, designed by RDG (Ruland Design Group), include two two-bedroom, two-bathroom units measuring 750 square feet each. Additionally, one 365 square foot studio and a 400 square foot one-bedroom, one-bathroom unit. With these additions, the projected total rent after construction is estimated at $11,450 per month. To bring this vision to life, we have obtained construction quotes from Coastline Construction Group Inc. at $820,000, offering a competitive pricing and expertise in executing the project seamlessly. Buyer is able to select builder. The seller is open to owner financing, with a down payment of $200,000 and a 4% interest-only carry during the construction process. This flexible financing option enables you to maximize your return on investment. This property is strategically located in a desirable area of San Diego, experiencing growing demand for housing. Moreover, the Opportunity Zone designation provides potential tax incentives for savvy investors. Please note that it's important for buyers to verify all the provided information independently.
Last Agent to Sell the Property
Jordan Kabins
Real Broker License #02109904 Listed on: 06/17/2023
Last Buyer's Agent
Jordan Kabins
Real Broker License #02109904 Listed on: 06/17/2023
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Ghamatyazimi Llc | $1,780,000 | Ticor Title | |
C & C Invevstment Group Llc | $890,000 | Ticor Title | |
Drukin Vladimir | -- | Fidelity National Title | |
Drukin Vladimir | $670,000 | Fidelity National Title | |
Wang Zhen Dong | $168,000 | Ticor Title Company Of Ca | |
Wang Dong Hai | $165,000 | California Title Company | |
Bacerra Nelson Maria A | -- | None Available | |
Villegas Luis C | -- | -- | |
Villegas Luis C | -- | -- |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Ghamatyazimi Llc | $1,125,000 | |
Previous Owner | C & C Investment Group Llc | $665,000 | |
Previous Owner | C & C Invevstment Group Llc | $665,000 | |
Previous Owner | C & C Invevstment Group Llc | $865,000 | |
Previous Owner | Drukin Vladimir | $502,500 | |
Previous Owner | Wang Zhen Dong | $125,000 | |
Previous Owner | Wang Dong Hai | $132,000 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/25/2023 08/25/23 | Sold | $890,000 | 0.0% | $598 / Sq Ft |
07/18/2023 07/18/23 | Off Market | $890,000 | -- | -- |
06/17/2023 06/17/23 | For Sale | $900,000 | +34.3% | $605 / Sq Ft |
06/17/2023 06/17/23 | Pending | -- | -- | -- |
01/26/2022 01/26/22 | Sold | $670,000 | -4.3% | $450 / Sq Ft |
12/29/2021 12/29/21 | Pending | -- | -- | -- |
12/13/2021 12/13/21 | Price Changed | $700,000 | +7.9% | $470 / Sq Ft |
12/03/2021 12/03/21 | For Sale | $649,000 | -- | $436 / Sq Ft |
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 | $10,965 | $907,799 | $550,186 | $357,613 |
2024 | $10,965 | $890,000 | $539,399 | $350,601 |
2023 | $8,406 | $683,399 | $414,185 | $269,214 |
2022 | $2,308 | $194,058 | $117,612 | $76,446 |
2021 | $2,291 | $190,254 | $115,306 | $74,948 |
2020 | $2,263 | $188,304 | $114,124 | $74,180 |
2019 | $2,221 | $184,613 | $111,887 | $72,726 |
2018 | $2,076 | $180,994 | $109,694 | $71,300 |
2017 | $2,025 | $177,446 | $107,544 | $69,902 |
2016 | $1,990 | $173,968 | $105,436 | $68,532 |
2015 | $1,960 | $171,356 | $103,853 | $67,503 |
2014 | $1,929 | $168,000 | $101,819 | $66,181 |
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Seller's Agent in 2023
Jordan Kabins
Real Broker
Seller's Agent in 2022
Runfeng Tian
Abacus Properties Inc.
(858) 774-0807
1 in this area
30 Total Sales
Buyer's Agent in 2022
Rafi Gorges
Realty Executives Dillon
(619) 504-2041
1 in this area
79 Total Sales
Source: San Diego MLS
MLS Number: 230011598
APN: 550-092-31