NOT LISTED FOR SALE
20 Beds
20 Baths
10,676 Sq Ft
8,712 Sq Ft Lot

Last Sold March 30, 2022

Last sale price $7,250,000 $679 Per Sq Ft

29 Days on Market

About This Home

As of March 2022

Fantastic Crown Point location! 3 blocks to Mission Bay, Crown Point Park and nearby to Kendall-Frost Marsh Reserve. Every unit is a desirable 2 bedroom, 2 bath. 8 of the units are approximately 836 sq. ft. and 4 are approximately 997 sq. ft. Rents are below market with significant upside opportunity! Upstairs units have large private balconies with sliding door access from living room. Downstairs units have a smaller patio area. Extremely low vacancy history. Each unit has a designated carport parking space (carport height clearances are low, ranging from approximately 6' to 6'8''). There is a fairly large, dirt floor area under the building that is only partially utilized. All square footage figures for the building, the interiors and the property as a whole are from public records, past appraisal and/or other 3rd parties. Buyer and/or Buyers Agent are ultimately responsible for researching and verifying any and all figures prior to making a purchase decision. Please do not enter or walk property without contacting Listing Agent first.

Last Agent to Sell the Property

Dan Altan

ALTA Properties License #01078722 Listed on: 11/27/2021

Last Buyer's Agent

Josh Browar

The Browar Group License #01824454

Property Details

Home Type

  • Multi-Family

Lot Details

  • 8,712

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 20 Bedrooms
  • 10,676 Sq Ft Home
  • 2-Story Property

Parking

  • 12 Parking Spaces
  • 12 Carport Spaces

Additional Homes

  • Number of ADU Units: 2

Utilities

  • No Cooling
  • Radiant Heating System

Listing and Financial Details

  • Total Actual Rent $29,500

Community Details

Overview

  • 12 Units

Building Details

  • 12 Leased Units
  • Operating Expense $157,839

Property Details

Home Type

Multi-Family

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Unit Levels: 2 Story
  • Property Sub Type: Com-Res Income
  • CapRate: 2.55
  • Co List Office Mls Id: 61289
  • Directions: I-8 west to Ingraham exit, North to Crown Point Drive, Right (East) to Sequioa, Left (North) 3 blocks, property on Right
  • Living Area: 10676.0
  • Structure Type: Apartment
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-03-05T12:27:06Z
  • FullAddress: 4055 Sequoia Street
  • NumofLeasedApartments: 12
  • ShortSale: No
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 20
  • Flooring: Other/Remarks

Exterior Features

  • Construction Type: Frame, Stucco

Garage/Parking

  • Carport Spaces: 12.0
  • Parking Features: Carports
  • Total Parking Spaces: 12.0

Utilities

  • Cooling: None
  • Heating: Radiant
  • Laundry Features: Leased

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 12
  • Annual Operating Expense: 157839.0
  • Total Actual Rent: 29500.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $7,250,000 -3.3% $679 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $7,495,000 0.0% $702 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $7,495,000 -- $702 / Sq Ft
Source: San Diego MLS

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 $92,706 $7,650,762 $5,804,027 $1,846,735
2024 $92,706 $7,542,900 $5,722,200 $1,820,700
2023 $90,664 $2,693,896 $1,969,735 $724,161
2022 $32,832 $2,693,896 $1,969,735 $724,161
2021 $32,608 $2,641,075 $1,931,113 $709,962
2020 $32,212 $2,613,995 $1,911,312 $702,683
2019 $31,637 $2,562,741 $1,873,836 $688,905
2018 $29,575 $2,512,493 $1,837,095 $675,398
2017 $28,870 $2,463,229 $1,801,074 $662,155
2016 $28,408 $2,414,931 $1,765,759 $649,172
2015 $27,988 $2,378,657 $1,739,236 $639,421
2014 $27,548 $2,332,063 $1,705,167 $626,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210032295

San Diego MLS

APN: 424-412-21-00

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