$875,000
PENDING

Estimated payment $5,585/month

Total Views 2,674
7 Beds
6 Baths
550 Sq Ft
$1,591 Price per Sq Ft

Highlights

  • RV Access or Parking
  • 1-Story Property
  • 3-minute walk to City Heights Square Mini Park
  • 7,003 Sq Ft lot
  • Gated Home

About This Home

Good opportunity for investment. All units were just Remodeled. The front unit A is a commercial type. The Three Apartments were just painted inside/outside and with new Kitchen Cabinets and Counters Top. Eight Plus off-street parkings.

Listing Agent

Stephanie Hoang

Greenland Real Estate License #01376582 Listed on: 08/10/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,543

Year Built

  • 1950

Lot Details

  • 7,003 Sq Ft Lot
  • Gated Home

Parking

  • RV Access or Parking

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 047-451-09-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Net Operating Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,543

Year Built

1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: UNIVERSITY
  • Neighborhood: SAN DIEGO
  • LP / Sq Ft: 22.44
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Exterior Features

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

Garage/Parking

  • Parking for RV: On-Site Parking

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Community: CITY HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: CITY OF SAN DIEGO
  • Zoning: Mix RES&CO
  • Assessor Parcel Number: 047-451-09-00
  • Estimated Lot Sq Ft: 7003

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 29400
  • Annual Expense Actual: 42000
  • Annual Expense Projected: 42000
  • Gross Rent Multiplier Actual: 12.54
  • Gross Rent Multiplier Projected: 11.05
  • Gross Sched Income Actual: 71400
  • Gross Sched Income Projected: 81000
  • Number Of Buildings: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,543 $790,174 $476,269 $313,905
2024 $9,543 $774,681 $466,931 $307,750
2023 $9,334 $759,492 $457,776 $301,716
2022 $9,086 $744,600 $448,800 $295,800
2021 $9,024 $730,000 $440,000 $290,000
2020 $8,473 $686,664 $436,968 $249,696
2019 $8,322 $673,200 $428,400 $244,800
2018 $7,781 $660,000 $420,000 $240,000
2017 $7,810 $665,278 $418,008 $247,270
2016 $7,686 $652,234 $409,812 $242,422
2015 $7,573 $642,438 $403,657 $238,781
2014 $7,453 $629,854 $395,750 $234,104
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $875,000 +26.8% $1,591 / Sq Ft
12/20/2017 12/20/17 Sold $690,000 -1.3% $203 / Sq Ft
11/02/2017 11/02/17 Pending -- -- --
10/12/2017 10/12/17 Price Changed $699,000 -9.2% $206 / Sq Ft
09/01/2017 09/01/17 For Sale $770,000 0.0% $226 / Sq Ft
08/12/2017 08/12/17 Pending -- -- --
07/29/2017 07/29/17 Price Changed $770,000 -6.0% $226 / Sq Ft
07/27/2017 07/27/17 For Sale $819,000 -- $241 / Sq Ft
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Grant Deed -- None Listed On Document
Grant Deed $730,000 Corinthian Title Company Inc
Grant Deed $660,000 First American Title Company
Grant Deed -- None Available
Grant Deed $623,000 First American Title Co
Grant Deed -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Individual Deed -- --
Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $370,000 New Conventional
Previous Owner $409,000 Unknown
Previous Owner $255,000 Commercial
Source: Public Records

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Source: San Diego MLS

MLS Number: 200038321

San Diego MLS

APN: 471-451-09