NOT LISTED FOR SALE
7 Beds
4 Baths
2,600 Sq Ft
7,140 Sq Ft Lot

Sale Details

Date Sold: October 9, 2020

Last sale price $1,150,000 $442 Per Sq Ft

2 Days on Market

Highlights

  • 0.16 Acre Lot
  • Gated Home
  • Wood Siding

About This Home

As of October 2020

Run to this amazing investment located in an Opportunity Zone! Detached 2bd/1ba house w/private yard, off-street parking & alley access ready for updating or expansion! Front 2-story triplex has two 2bd/1ba units & a 1bd/1ba. Tons of off street parking! Addtl income from owned common laundry (~$130/mo), plus two 1-car garages ($230/mo). This is a prime investment opportunity for investors who are looking to create value by making some upgrades &/or raising rents. Lowest priced 4-plex in 92104 by $340k!!

Last Agent to Sell the Property

Erin Martinez

M2 Real Estate & Consulting License #01214290 Listed on: 08/28/2020

Last Buyer's Agent

Brian Duarte

Millennial Realty Group License #01468181

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Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,140 Sq Ft Lot
  • Gated Home
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Wood Siding

Additional Features

  • 2-Story Property
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for cable TV, electricity, hot water
  • Assessor Parcel Number 447-402-25-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Net Operating Income $53,064

Property Details

Home Type

Multi-Family

Lot Details

7,140 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: University
  • Neighborhood: North Park
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 9999
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Community: NORTH PARK

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Public Street
  • Assessor Parcel Number: 447-402-25-00
  • Estimated Lot Sq Ft: 7140
  • Estimated Number of Acres: 0.16

Rental Info

  • Tenant Pays: Cable TV, Electricity, Hot Water

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 53064
  • Gross Rent Multiplier Actual: 17.9
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,293,750
Outstanding Balance
$1,167,651
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2020
Closed on
Sep 2, 2020
Sold by
Bought by
Seller's Agent
Erin Martinez
M2 Real Estate & Consulting
Buyer's Agent
Brian Duarte
Millennial Realty Group
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,100
Interest Rate
5.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 11, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.43%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,750,000 First American Title Ins Co
$1,150,000 First American Title
$393,000 Landsafe Title
-- Landsafe Title
$289,000 Landsafe Title
-- None Available
$610,000 Landamerica
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,293,750
Previous Owner $352,500
Previous Owner $1,032,450
Previous Owner $272,000
Previous Owner $274,800
Previous Owner $275,100
Previous Owner $122,000
Previous Owner $488,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $1,150,000 0.0% $442 / Sq Ft
09/16/2020 09/16/20 For Sale $1,150,000 0.0% $442 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $1,150,000 -- $442 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $23,809 $1,894,256 $1,082,432 $811,824
2025 $22,406 $1,857,114 $1,061,208 $795,906
2024 $22,406 $1,820,700 $1,040,400 $780,300
2023 $21,912 $1,785,000 $1,020,000 $765,000
2022 $21,329 $1,750,000 $1,000,000 $750,000
2021 $14,212 $1,150,000 $750,000 $400,000
2020 $5,747 $463,845 $224,251 $239,594
2019 $5,645 $454,751 $219,854 $234,897
2018 $5,278 $445,836 $215,544 $230,292
2017 $82 $437,095 $211,318 $225,777
2016 $5,067 $428,525 $207,175 $221,350
2015 $4,993 $422,090 $204,064 $218,026
2014 $4,916 $413,823 $200,067 $213,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200041720

San Diego MLS
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