NOT LISTED FOR SALE
16 Beds
10 Baths
7,135 Sq Ft
-- Built

Sale Details

Date Sold: February 16, 2022

Last sale price $3,239,950 $454 Per Sq Ft

2 Days on Market

Highlights

  • 8 Car Garage
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Garfield Elementary Rated A

About This Home

As of February 2022

AWESOME LOCATION in North Park! Gated 8-unit Apartment building has a Walk Score of 89 (Very walkable)! This well-maintained 2 story building is comprised of 6-2BR/1BA (844sf) & 2-2BR/2BA (979sf), all but 2 are month-to-month. Tenants enjoy lush, low maintenance/low cost, beautifully landscaped courtyard. 2 garages +2 covered +4 parking spaces. Onsite laundry (leased). Extra storage room, too! Individually metered for SDG&E. NEW building water heater -2021. NEWER exterior paint -2017. NEWER roof -2016. 2BR/1BA units have large, equal sized BR’s w/great storage, perfect for roommates. Units fully occupied for 20+ yrs, rents well under market value. Located bet El Cajon Blvd & University Ave and bet hwy’s 805 & 163. Extremely convenient to freeways and public transportation. New York times recently boasted all North Park has to offer! Updating these units could increase rental income up to 40%, or more!

Last Agent to Sell the Property

Bobby Edelson

Century 21 Award License #01448184 Listed on: 01/14/2022

Century 21 Award

Last Buyer's Agent

Bobby Edelson

Century 21 Award License #01448184 Listed on: 01/14/2022

Century 21 Award

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 16 Bedrooms
  • 7,135 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Car Garage
  • 2 Carport Spaces
  • Parking Available

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window

Additional Features

  • Partially Fenced Property
  • Number of ADU Units: 1

Community Details

Overview

  • 8 Units

Building Details

  • 8 Leased Units
  • Operating Expense $42,427

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Unit Levels: 2 Story
  • Property Sub Type: Com-Res Income
  • Co List Office Mls Id: 63321
  • Living Area: 7135.0
  • Structure Type: Apartment
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-02-27T12:10:40Z
  • FullAddress: 4118 Texas St
  • NumofLeasedApartments: 8
  • SDMLS_NumofADUUnits: 1.0
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 16
  • Flooring: Vinyl, Wall to Wall Carpet

Exterior Features

  • Roof: Other/Remarks
  • Construction Type: All Auto Sprinklers, Block Fence, Part Fenced, Part Landscaped

Garage/Parking

  • Carport Spaces: 2.0
  • Parking Features: Carports, Garages, Spaces
  • Total Parking Spaces: 8.0

Utilities

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

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 8
  • Annual Operating Expense: 42427.0

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
Nov 2, 2022
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
$2,560,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2022
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
$2,010,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2022
Sold by
Bought by

Purchase Details

Listed on
Jan 14, 2022
Closed on
Jan 26, 2022
Sold by
Bought by
Seller's Agent
Bobby Edelson
Century 21 Award
Buyer's Agent
Bobby Edelson
Century 21 Award
List Price
$2,950,000
Sold Price
$3,239,950
Premium/Discount to List
$289,950
9.83%

Purchase Details

Closed on
Jan 13, 2020
Sold by
Bought by

Purchase Details

Closed on
Jul 18, 2008
Sold by
Bought by

Purchase Details

Closed on
May 27, 1998
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Fidelity National Title
-- Fidelity National Title
-- Corinthian Title
$3,240,000 Corinthian Title
-- None Available
-- None Available
-- --
-- --
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 $2,965,000
Closed $2,560,000
Previous Owner $2,010,000
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
02/16/2022 02/16/22 Sold $3,239,950 +9.8% $454 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $2,950,000 -- $413 / 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 $43,632 $3,507,024 $2,110,742 $1,396,282
2025 $43,632 $3,438,259 $2,069,355 $1,368,904
2024 $41,990 $3,370,843 $2,028,780 $1,342,063
2023 $41,040 $3,304,749 $1,989,000 $1,315,749
2022 $1,081 $71,570 $16,079 $55,491
2021 $1,065 $70,167 $15,764 $54,403
2020 $1,052 $69,449 $15,603 $53,846
2019 $1,034 $68,089 $15,298 $52,791
2018 $973 $66,755 $14,999 $51,756
2017 $948 $65,447 $14,705 $50,742
2016 $927 $64,165 $14,417 $49,748
2015 $912 $63,202 $14,201 $49,001
2014 $902 $61,965 $13,923 $48,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220000827

San Diego MLS

APN: 445-522-21-01

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