$1,051,000
SOLD DEC 6, 2024
7 Beds
4 Baths
2,624 Sq Ft
6,651 Sq Ft Lot

Recently Sold

$401 Per Sq Ft

12 Days on Market

Highlights

  • Newly Remodeled
  • Laundry Room
  • 1-Story Property
  • No HOA
  • No Heating
  • 2-minute walk to 41st Street Park

About This Home

As of December 2024

Prime Investment Opportunity! Presenting 4078 Epsilon St, a centrally located property featuring two detached units. The first unit is a beautifully renovated 4-bedroom, 2-bathroom home with a laundry room and an additional storage or workspace. The second Brand-New detached unit offers 3 bedrooms with closet organizers, 2 spacious bathrooms with modern finishes, and a fully equipped kitchen. Both units feature solar panels for energy efficiency and have off-street parking. Located near Downtown San Diego, Naval Bases, and major freeways, this property is perfect for buyers seeking supplemental income or a lucrative investment opportunity.

Last Agent to Sell the Property

Paul Montano

Coldwell Banker West Brokerage Email: paulreos@gmail.com License #01817349 Listed on: 10/24/2024

Coldwell Banker West

Co-Listed By

Marilyn Arrieta

Coldwell Banker West Brokerage Email: paulreos@gmail.com License #01372196

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,922

Year Built

  • Built in 1932 | Newly Remodeled

Lot Details

  • 6,651 Sq Ft Lot
  • No Common Walls

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,624 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • No Heating

Listing and Financial Details

  • Legal Lot and Block 4344 / 456
  • Tax Tract Number 53
  • Assessor Parcel Number 5514411700

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,203
  • New Taxes Expense $12,937
  • Operating Expense $14,140
  • Gross Income $81,600
  • Net Operating Income $67,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,922

Year Built

Built in 1932 | Newly Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.40
  • Property Attached: No
  • View: No
  • Zoning: R4
  • New Construction: Yes
  • Property Type: Residential Income
  • Parcel Number: 5514411700
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 400.53

Exterior Features

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

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Closet, Individual Room
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Lot Info

  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6651.00
  • Lot Size Acres: 0.1527

Multi Family

  • Gross Income: 81600.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1203.00
  • Lot Size Area: 6651.0000 Square Feet
  • Net Operating Income: 67460.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 14140.00
  • Rent Control: Yes
  • Total Actual Rent: 3600.00
  • Total Expenses: 14140.00

Tax Info

  • New Taxes Expense: 12937.00
  • Tax Block: 456
  • Tax Lot: 4344
  • Tax Tract Number: 00053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Henry Ian
Bought by
Iah Living Trust and Henry
Current Estimated Value
$1,039,718

Purchase Details

Listed on
Oct 24, 2024
Closed on
Nov 19, 2024
Sold by
Century Capital Management Group Llc
Bought by
Henry Ian
Seller's Agent
Paul Montano
Coldwell Banker West
List Price
$1,050,000
Sold Price
$1,051,000
Premium/Discount to List
$1,000
0.1%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.88%
Original Mortgage
$974,359
Interest Rate
6.54%
Mortgage Type
VA

Purchase Details

Closed on
Aug 29, 2023
Sold by
Torres Lucy and Torressanchez Christian I
Bought by
Century Capital Management Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
6.78%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 24, 2021
Sold by
Torres Lucy and Torressanchez Christian
Bought by
Torres Lucy and Torressanchez Christian I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Nov 12, 2020
Sold by
Torres Sanchez Christian I
Bought by
Torres Lucy K and Torressanchez Christian I

Purchase Details

Closed on
Oct 25, 2010
Sold by
Torres Mayra A Gomez
Bought by
Sanchez Christian I Torres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,418
Interest Rate
4.33%
Mortgage Type
VA

Purchase Details

Closed on
Oct 1, 2010
Sold by
Terra Pacific Investment Group Ii Llc
Bought by
Torres Sanchez Christian I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,418
Interest Rate
4.33%
Mortgage Type
VA

Purchase Details

Closed on
Mar 26, 2010
Sold by
Prado Crispin and Pastrana Jose Reyes
Bought by
Terra Pacific Investments Group Ii Llc

Purchase Details

Closed on
Sep 29, 2006
Sold by
Lopez Walter
Bought by
Lopez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.41%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 2, 2006
Sold by
Lopez Gilberto
Bought by
Prado Crispin and Pastrana Jose Reyes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.41%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 9, 2003
Sold by
Jauregui Victor and Jauregui Mercedes I
Bought by
Lopez Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,650
Interest Rate
7.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 12, 1997
Sold by
Blanco Emilio
Bought by
Blanco Maria Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,714
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 1997
Sold by
Leyva Maria R and Leyva Rita Maria
Bought by
Jauregui Victor and Jauregui Mercedes I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,714
Interest Rate
6.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $1,051,000 Fidelity National Title
Grant Deed $1,051,000 Fidelity National Title
Grant Deed -- Pacific Coast Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Sd
Interfamily Deed Transfer -- None Available
Grant Deed $252,000 None Available
Trustee Deed $170,500 Lawyers Title
Interfamily Deed Transfer -- Southland Title Of San Diego
Interfamily Deed Transfer -- None Available
Grant Deed $495,000 Southland Title Of San Diego
Grant Deed $307,000 Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $97,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $974,359 VA
Previous Owner $682,500 Construction
Previous Owner $567,000 VA
Previous Owner $257,418 VA
Previous Owner $396,000 Balloon
Previous Owner $99,000 Stand Alone Second
Previous Owner $291,650 Unknown
Previous Owner $96,714 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $1,051,000 +0.1% $401 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $1,050,000 -- $400 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,922 $1,051,000 $600,000 $451,000
2024 $3,922 $316,512 $125,599 $190,913
2023 $3,835 $310,307 $123,137 $187,170
2022 $3,733 $304,223 $120,723 $183,500
2021 $3,708 $298,258 $118,356 $179,902
2020 $3,663 $295,201 $117,143 $178,058
2019 $3,598 $289,414 $114,847 $174,567
2018 $3,283 $283,741 $112,596 $171,145
2017 $3,203 $278,179 $110,389 $167,790
2016 $3,150 $272,725 $108,225 $164,500
2015 $3,103 $268,630 $106,600 $162,030
2014 $3,053 $263,369 $104,512 $158,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2406589

California Regional Multiple Listing Service (CRMLS)

APN: 551-441-17