NOT LISTED FOR SALE

4017 Swift Ave San Diego, CA 92104

Corridor Neighborhood

Estimated Value: $1,176,000 - $3,429,672

3 Beds
2 Baths
1,264 Sq Ft
$1,735/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $2,300,000 $1,820 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $12,808/month

49 Days on Market

About This Home

As of November 2023

The Swift Avenue properties present a fantastic opportunity to purchase two well located assets with existing cashflows and significant development potential. The lots reside in a Qualified Opportunity Zone, Transit Priority Area and fall within the Complete Communities Plan with an attractive 6.5 FAR. The sites are composed of two parcels totaling 13,011 SF of land with a 1,264 SF 2BR/2BA house on a 5,722 SF lot, and a contiguous 1,533 SF 3BR/1BA house with detached single car garage on a 7,289 SF lot. Multiple opportunities are available to develop the property. A recent yield study shows options from 37 to 56 apartment units with variations on mixed use amenities and parking. The adjacent lot is currently for sale and if purchased simultaneously could potentially yield up to 132 units, along a corner lot that fronts University Avenue. Any future project on these sites would be extremely well located in central San Diego with immediate access to both the 805 and 15 freeways, walking distance to the nearby elementary school and several retail establishments along University Avenue. Mid-City San Diego is gentrifying rapidly under the new Complete Communities plan zoning. This is an excellent opportunity for an investor/developer to get in on the ground floor as the area flourishes well into the future.

Last Agent to Sell the Property

Sean Bascom

South Coast Commercial, Inc. License #01862044 Listed on: 01/11/2023

South Coast Commercial, Inc.

Last Buyer's Agent

Sean Bascom

South Coast Commercial, Inc. License #01862044 Listed on: 01/11/2023

South Coast Commercial, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,079

Year Built

  • Built in 1923

Lot Details

  • 5,706

Home Design

  • Composition Roof

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Alley Access
  • Driveway

Additional Features

  • Level Lot
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 447-390-13-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,079

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Metro Uptown
  • Cross Street: University and Swift
  • Neighborhood: San Diego
  • LP / Sq Ft: 785.0
  • Price Per Sq Ft: 1819.62
  • SP/ Sq Ft: 1819.62
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1923
  • A D U Yes No: No
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 10x10
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1264
  • Total Bathrooms: 2

Exterior Features

  • Roof: Composition

Garage/Parking

  • Non Garage Parking: Driveway - Asphalt
  • Parking Spaces Total: 2

Utilities

  • Sewer/Septic: Public Sewer
  • Water: Meter on Property

Condo/Co-op/Association

  • Community: NORMAL HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access
  • Topography: Level
  • Assessor Parcel Number: 447-390-13-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2025
Sold by
Farrell John and Swift Avenue Development Holding Company
Bought by
Swift Avenue Housing Associates Lp
Current Estimated Value
$2,193,668

Purchase Details

Closed on
Jan 17, 2002
Sold by
Mcevoy Edward J
Bought by
Farrell John Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.84%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 10, 1997
Sold by
Mcevoy E J
Bought by
Mcevoy Edward J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Swift Avenue Housing Associates Lp $4,000,000 Stewart Title Guaranty Company
Farrell John Joseph $230,000 First American Title Ins Co
Mcevoy Edward J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farrell John Joseph $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2023 11/06/23 Sold $2,300,000 +131.8% $1,820 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $992,240 -- $785 / 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 $15,079 $1,249,500 $1,173,000 $76,500
2024 $15,079 $1,225,000 $1,150,000 $75,000
2023 $4,034 $326,567 $184,582 $141,985
2022 $3,927 $320,164 $180,963 $139,201
2021 $3,901 $313,887 $177,415 $136,472
2020 $3,854 $310,669 $175,596 $135,073
2019 $3,785 $304,578 $172,153 $132,425
2018 $3,540 $298,607 $168,778 $129,829
2017 $3,456 $292,753 $165,469 $127,284
2016 $3,400 $287,014 $162,225 $124,789
2015 $3,350 $282,704 $159,789 $122,915
2014 $3,298 $277,167 $156,659 $120,508
Source: Public Records

Agents Affiliated with this Home

  • Sean Bascom

    Seller's Agent in 2023

    Sean Bascom

    South Coast Commercial, Inc.

    (619) 916-9179

    2 in this area

    21 Total Sales

    Sean Bascom
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Map

Source: San Diego MLS

MLS Number: 230000735

San Diego MLS

APN: 447-390-13

California San Diego County San Diego 92104 Corridor

4017 Swift Ave, San Diego, CA

Not Listed for Sale

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