$999,000

Estimated payment $5,698/month

Total Views 1,795
-- Bed
-- Bath
1,948 Sq Ft
$513 Price per Sq Ft

Highlights

  • 0.28 Acre Lot
  • Private Yard
  • Park
  • Property is near a park
  • No HOA
  • No Heating

About This Home

Looking for an amazingly profitable and rewarding project? Fantastic opportunity for developers and investors to own these 3 beautiful parcels next to each other. Possibilities are endless. According to the current guidelines the city allows a main house and two ADUs plus a Jr. ADU building up two stories high. Total of 12 units. But don't take my word for it check with the city of San Diego development department to see what you can do with these parcels. Not too many like it hit the market. Collect rent while you design and develop each parcel separately or develop all of them together. The dream project is awaiting your design and implement. Bring your best and highest offer! Property is owned by listing agent's family trust. Contact the LA for more information.

Listing Agent

Susan Azar

Susan Azar, Broker License #01263854 Listed on: 08/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,065

Year Built

  • Built in 1943

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Lot Sloped Down
  • Private Yard
  • Garden
  • Front Yard
  • 541-393-24-00 AKA 4054 Hilltop Drive 541-393-28-00 AKA 4056 Hilltop Drive 541-393-29-00 AKA 4058 Hilltop Drive

Interior Spaces

  • 1,948 Sq Ft Home
  • 1-Story Property

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Additional Features

  • Rain Gutters
  • Property is near a park
  • No Heating

Listing and Financial Details

  • Tax Lot 08001
  • Tax Tract Number 8001
  • Assessor Parcel Number 5413932400
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,200
  • Trash Expense $780
  • Water Sewer Expense $2,600
  • New Taxes Expense $7,000
  • Operating Expense $11,580
  • Gross Income $56,400
  • Net Operating Income $61,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,065

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.00
  • Price Per Unit: 499500
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 2600.00
  • Zoning: R-2 Minor Multiple
  • Property Type: Residential Income
  • Parcel Number: 5413932400
  • Year Built: 1943
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front and back
  • Common Walls: No Common Walls
  • Appliances: No
  • Price Per Square Foot: 512.83

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 780.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Park

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 541-393-24-00 AKA 4054 Hilltop Drive 541-393-28-00 AKA 4056 Hilltop Drive 541-393-29-00 AKA 4058 Hilltop Drive
  • Land Lease: No
  • Lot Features: Sloped Down, Front Yard, Garden, Lot 10000-19999 Sqft, Park Nearby, Yard
  • Lot Size: 1st parcel: 103x43 @ 4429 Sq.Ft. 2nd parcel: 103x38 @ 3914 Sq.Ft. 3rd parcel: 103x38 @ 3914 Sq.Ft.
  • Lot Size Sq Ft: 12257.00
  • Lot Size Acres: 0.2814

Multi Family

  • Gross Income: 56400.00
  • Gross Scheduled Income: 78000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 12257.0000 Square Feet
  • Net Operating Income: 61100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 16900.00
  • Rent Control: No
  • Total Expenses: 11580.00

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Lot: 08001
  • Tax Tract Number: 08001

Map

Range of Values:

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Sold Price
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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 $5,065 $417,806 $185,692 $232,114
2024 $5,065 $409,614 $182,051 $227,563
2023 $4,953 $401,583 $178,482 $223,101
2022 $4,822 $393,710 $174,983 $218,727
2021 $4,789 $385,991 $171,552 $214,439
2020 $4,731 $382,034 $169,793 $212,241
2019 $4,647 $374,544 $166,464 $208,080
2018 $4,346 $367,200 $163,200 $204,000
2017 $4,242 $360,000 $160,000 $200,000
2016 $2,180 $183,159 $67,309 $115,850
2015 $1,933 $162,048 $66,298 $95,750
2014 $1,432 $118,875 $65,000 $53,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 For Sale $999,000 -- $513 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Western Resources Title
Grant Deed -- None Available
Interfamily Deed Transfer -- Corinthian Title
Grant Deed $229,000 Corinthian Title
Trustee Deed $159,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Unknown
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2506149

California Regional Multiple Listing Service (CRMLS)

APN: 541-393-24