NOT LISTED FOR SALE
3 Beds
2 Baths
7,807 Sq Ft
0.33 Acre Lot

Sale Details

Date Sold: May 24, 2023

Last sale price $2,180,000 $279 Per Sq Ft

119 Days on Market

About This Home

As of May 2023

ASSUMABLE FINANCING AT 2.84%. 415 Grand Avenue is a 10 unit apartment building located in the community of Spring Valley. The two structures were built in 1978 on a 14,583 square foot lot. The property has strong unit mix of nine 2 Bedroom / 1 Bath units and one 1 Bedroom / 1 Bath unit totaling 7,807 rentable square feet. There are 15+ open parking spaces. These spacious units have upside in rents. The financing can be assumed. $1.3M at 2.84%.

Last Agent to Sell the Property

Benn Vogelsang

NorthMarq Multifamily License #01883437 Listed on: 09/12/2022

Last Buyer's Agent

Benn Vogelsang

NorthMarq Multifamily License #01883437 Listed on: 09/12/2022

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Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.33

Parking

  • 16 Parking Spaces

Home Design

Interior Spaces

  • 3 Bedrooms
  • 7,807 Sq Ft Home
  • 2-Story Property

Additional Features

  • 14,583 Sq Ft Lot
  • Number of ADU Units: 9

Listing and Financial Details

  • Total Actual Rent $16,987

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • Operating Expense $73,608

Property Details

Home Type

Multi-Family

Lot Details

0.33 Acres

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • CapRate: 5.07
  • Co List Office Mls Id: 990885
  • Living Area: 7807.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-03-03T23:45:04Z
  • FullAddress: 415 Grand Avenue
  • NumofLeasedApartments: 10
  • ShortSale: No
  • SDMLS_NumofADUUnits: 9.0
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 3

Garage/Parking

  • Total Parking Spaces: 16.0

Lot Info

  • Lot Size Sq Ft: 14583.0

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 10
  • Annual Operating Expense: 73608.0
  • Total Actual Rent: 16987.0

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
Mar 24, 2023
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
$1,428,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2020
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
$1,333,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2018
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 2017
Sold by
Bought by

Purchase Details

Closed on
Aug 22, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 24, 2011
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
$693,750
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 2011
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
$693,750
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2007
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
$825,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 2007
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
$825,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2005
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
$780,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2005
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
$780,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2003
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
$500,000
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2001
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
$410,000
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2001
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
$410,000
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 1995
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 1990

Purchase Details

Closed on
Mar 5, 1985
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Spring Valley, CA

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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
$2,180,000 Chicago Title
-- Corinthian Title Company
$1,850,000 Corinthian Title Company
-- Corinthian Title Company
-- Ticor Title
-- Chicago Title Company
-- Accommodation
-- None Available
-- None Available
-- Accommodation
-- Commonwealth Title
-- --
-- Commonwealth Title
-- Commonwealth Land Title Co
-- Commonwealth Land Title Co
-- --
-- Commonwealth Land Title Co
-- --
$481,600 --
$289,000 --
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
Previous Owner $1,428,000
Previous Owner $1,333,000
Previous Owner $400,000
Previous Owner $821,250
Previous Owner $693,750
Previous Owner $206,500
Previous Owner $825,000
Previous Owner $780,000
Previous Owner $500,000
Previous Owner $410,000
Previous Owner $410,000
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
05/24/2023 05/24/23 Sold $2,180,000 -11.0% $279 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $2,450,000 0.0% $314 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
11/16/2022 11/16/22 Price Changed $2,450,000 -3.9% $314 / Sq Ft
09/27/2022 09/27/22 For Sale $2,550,000 -- $327 / 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 $32,529 $2,313,432 $1,273,449 $1,039,983
2025 $32,529 $2,268,072 $1,248,480 $1,019,592
2024 $31,117 $2,223,600 $1,224,000 $999,600
2023 $27,381 $1,944,678 $525,588 $1,419,090
2022 $26,880 $1,906,548 $515,283 $1,391,265
2021 $26,657 $1,869,166 $505,180 $1,363,986
2020 $13,587 $810,155 $336,440 $473,715
2019 $13,380 $794,271 $329,844 $464,427
2018 $12,789 $778,698 $323,377 $455,321
2017 $12,300 $763,431 $317,037 $446,394
2016 $11,709 $748,463 $310,821 $437,642
2015 $11,607 $737,222 $306,153 $431,069
2014 $11,437 $722,781 $300,156 $422,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220024565

San Diego MLS

APN: 584-490-08-00

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