NOT LISTED FOR SALE

4151 Bannock Ave Unit 53 San Diego, CA 92117

North Clairemont Neighborhood

Estimated Value: $1,167,000 - $1,695,192

7 Beds
3 Baths
2,596 Sq Ft
$566/Sq Ft Est. Value

Last Sold September 27, 2016

Last sale price $840,000 $324 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $9,212/month

40 Days on Market

About This Home

As of September 2016

Incredibly unique 3 unit property in Clairemont. Third unit was constructed new in 2005 and includes 3 oversized garages with washer dryer hookups inside and a 3 bedroom one bath apartment above. Each unit enjoys a secure garage and parking space in from of garage. There is one spare parking spot off street. Duplex units have oversized fenced yards for lots of privacy. All construction was permitted and seller will provide all documents with accepted offer.

Last Agent to Sell the Property

Todd Hoover

TMH Real Estate Investments License #01159713 Listed on: 07/01/2016

Last Buyer's Agent

Richard Doan

Premier Century Real Estate Services License #01454808

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,779

Year Built

  • Built in 1954

Lot Details

  • 9,361 Sq Ft Lot
  • Gated Home
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Split Level Home
  • Composition Roof
  • Stucco Exterior

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 360-202-10

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $42,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,779

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Susquehanna Place
  • Neighborhood: Clairemont
  • LP / Sq Ft: 18.03
  • Stories: Split Level
  • Sale Price List Price: 0.93
  • Year Built: 1954
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Gate, Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: CLAIREMONT
  • Manager Name: Todd Hoover
  • Manager Phone: 619-977-7825

Lot Info

  • Irrigation: Manual, Sprinklers
  • Lot Size: 7,500-10,889 SF
  • Site: Corner Lot
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: RM-1-1
  • Assessor Parcel Number: 360-202-10
  • Land Use Code: R
  • Estimated Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 9361
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.2

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 42500
  • Annual Expense Actual: 8500
  • Annual Expense Projected: 10150
  • Gross Rent Multiplier Actual: 14.78
  • Gross Rent Multiplier Projected: 14.98
  • Gross Sched Income Actual: 51000
  • Gross Sched Income Projected: 60000
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Aug 26, 2016
Sold by
Flores Jessica Marie
Bought by
Flores Prox
Seller's Agent
Todd Hoover
TMH Real Estate Investments
Buyer's Agent
Richard Doan
Premier Century Real Estate Services
List Price
$899,000
Sold Price
$840,000
Premium/Discount to List
-$59,000
-6.56%
Total Days on Market
40
Current Estimated Value
$1,470,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$630,298
Avg. Annual Appreciation
6.66%
Original Mortgage
$490,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 1, 2016
Closed on
Aug 15, 2016
Sold by
Chiles L William and Hoover Todd M
Bought by
Flores Prox
Seller's Agent
Todd Hoover
TMH Real Estate Investments
Buyer's Agent
Richard Doan
Premier Century Real Estate Services
List Price
$899,000
Sold Price
$840,000
Premium/Discount to List
-$59,000
-6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 1999
Sold by
Timm Gary L and Timm Mary A
Bought by
Chiles L William and Hoover Todd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 1987
Source: Public Records

Similar Homes in San Diego, CA

  • 6934-38 Mohawk St, San Diego, CA 92115

    $1,549,000

    • 5 Beds
    • 4 Baths
    • 2,006 Sq Ft
    • 6934-38 Mohawk St
    • San Diego, CA

    Unlock the full potential of this ideally located triplex in one of San Diego’s most promising growth corridors. Situated on a nearly 8,000 SF lot with alley access, this income-generating property offers immediate cash flow and serious upside. Currently configured as a charming 1940s Spanish-style front home plus two rear units, the property generates $7,530/month in rental income. The front

    Mike Acker Hunter & Maddox Intl. Inc.

    Section Image
  • 3026-28 Comstock St, San Diego, CA 92111

    $1,290,000

    • 6 Beds
    • 4 Baths
    • 1,768 Sq Ft
    • 3026-28 Comstock St
    • San Diego, CA

    Turnkey Duplex with Huge Upside & RM-1-1 Zoning — Live, Invest, or Expand! Don’t miss this fully renovated duplex that offers the perfect blend of owner-user flexibility, strong income potential, and rare development upside. Whether you're looking to live in one unit and offset your mortgage with rental income from the other, capitalize on under-market rents for immediate value-add, or take full

    Erin McLain M2 Real Estate & Consulting

    Section Image
  • 1523-25 Oliver Ave, San Diego, CA 92109

    $1,850,000

    • 5 Beds
    • 2 Baths
    • 1,850 Sq Ft
    • 1523-25 Oliver Ave
    • San Diego, CA

    For sale 1523-25 Oliver Avenue, two craftsman houses with lush landscaping, expansive yards, and enclosed by a 3-foot-high natural stacked stone wall to create the perfect living environment. An excellent investment opportunity, 1523-25 Oliver offers a new investor significant immediate rental upside. Built in 1950, the property features two separate craftsman houses over an expansive 5,750 SF

    Philip Buckley CBRE

    Section Image
  • 1782-84 Westinghouse St, San Diego, CA 92111

    $1,400,000

    • 5 Beds
    • 2 Baths
    • 1,768 Sq Ft
    • 1782-84 Westinghouse St
    • San Diego, CA

    1782-84 Westinghouse Street is a rare duplex opportunity located in the highly desirable Mission Heights neighborhood of Linda Vista. Offering 1,768 square feet of combined living space on a generous .38 acre (16,500 square foot) lot, this property is perfect for investors, multi-generational living, or buyers looking to offset their mortgage with rental income, with potential to build additional

    Derek Freese ANR Finance and Real Estate

    Section Image
  • 4419-23 Mississippi St, San Diego, CA 92116

    $1,685,000

    • 9 Beds
    • 4 Baths
    • 3,092 Sq Ft
    • 4419-23 Mississippi St
    • San Diego, CA

    University Heights! Prime location north of Meade with excellent opportunity for owner occupant with three helper units or for the savvy investor looking for four units on a large lot! Front house is a Craftsman 3br plus an extra family room, one bath in very good condition. Rear unit is a 2br 1ba cottage with a large useable patio. Also in the rear is a duplex with 2 br 1 ba units on each floor.

    Michael Tristani Tristani Real Estate

    Section Image
  • 4434 Texas St, San Diego, CA 92116

    $1,699,900

    • 5 Beds
    • 3 Baths
    • 1,951 Sq Ft
    • 4434 Texas St
    • San Diego, CA

    HUGE PRICE REDUCTION! This remarkable triplex is a true treasure in the heart of University Heights, steps from the historic Lafayette Hotel, Trolley Barn Park, & North Park, where original Craftsman-era charm has been impeccably preserved. The stunning original hardwood floors, craftsman molding and wainscoting, fireplaces, and custom original built-ins are in excellent condition, creating a

    Keegan Wetzel Real Broker

    Section Image
  • 3534-36 Collier Ave, San Diego, CA 92116

    $1,699,000

    • 5 Beds
    • 3 Baths
    • 2,133 Sq Ft
    • 3534-36 Collier Ave
    • San Diego, CA

    2 SPACIOUS HOMES ON 1 LOT with significant ADU Potential in Prime Normal Heights! Ideal for owner-occupant or investor to live in either the front or back house and rent out the other. Front home is a spacious 2BR/2BA approx. 900 SF with in-unit laundry, detached garage, and new HVAC. Rear home is a 3BR/1BA approx. 1,233 SF with its own garage and in-unit laundry. Pro forma rents are projected at

    Joey Belcastro Keller Williams Realty

    Section Image
  • 4383-85 Central Ave, San Diego, CA 92105

    $1,349,000

    • 5 Beds
    • 4 Baths
    • 1,530 Sq Ft
    • 4383-85 Central Ave
    • San Diego, CA

    This rare offering features three thoughtfully designed and custom-renovated homes. The main home is a spacious 3-bedroom, 2-bathroom residence with its own private yard—ideal for entertaining or simply relaxing. In addition, the property includes a charming studio and a well-appointed ADU, each with private entrances, patios, and in-unit washer/dryers. Whether you plan to live in all three units

    Ana Barros Fayt Compass

    Section Image
  • 3761-63 Swift Ave, San Diego, CA 92104

    $1,449,990

    • 5 Beds
    • 4 Baths
    • 2,508 Sq Ft
    • 3761-63 Swift Ave
    • San Diego, CA

    Here’s your chance to own a truly rare and income-producing triplex on the highly desirable North Park/South Park border—a walkable, high-demand neighborhood that continues to attract both homeowners and savvy investors. Located in a designated Opportunity Zone, this fully detached property blends character, flexibility, and long-term upside, making it a standout option for anyone looking to

    Joseph Vahedi eXp Realty of Southern CA

    Section Image
See All Homes in San Diego

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Flores Prox -- Stewart Title Of Ca Inc
Flores Prox $840,000 Stewart Title Of Ca Inc
Chiles L William $188,000 First American Title
-- $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Prox $700,000
Closed Flores Prox $490,000
Previous Owner Chiles L William $250,000
Previous Owner Chiles L William $92,000
Previous Owner Chiles L William $100,000
Previous Owner Chiles L William $169,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2016 09/27/16 Sold $840,000 -6.6% $324 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $899,000 -- $346 / Sq Ft
Source: San Diego MLS

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
2024 $11,779 $955,771 $637,181 $318,590
2023 $11,518 $937,032 $624,688 $312,344
2022 $11,212 $918,660 $612,440 $306,220
2021 $11,135 $900,648 $600,432 $300,216
2020 $11,001 $891,414 $594,276 $297,138
2019 $10,805 $873,936 $582,624 $291,312
2018 $10,101 $856,800 $571,200 $285,600
2017 $9,861 $840,000 $560,000 $280,000
2016 $4,786 $404,800 $126,938 $277,862
2015 $4,716 $398,721 $125,032 $273,689
2014 $4,643 $390,911 $122,583 $268,328
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Todd Hoover

    TMH Real Estate Investments

    (619) 977-7825

    1 Total Sale

    Todd Hoover
    Section Image

  • R

    Buyer's Agent in 2016

    Richard Doan

    Premier Century Real Estate Services

  • Frank Grangetto

    Buyer's Agent in 2016

    Frank Grangetto

    Frank Grangetto, Broker

    (760) 525-4228

    25 Total Sales

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 160036190

San Diego MLS

APN: 360-202-10

California San Diego County San Diego 92117 North Clairemont

4151 Bannock Ave Unit 53, San Diego, CA

This home is located at 4151 Bannock Ave Unit 53, San Diego, CA 92117 since 01 July 2016 and is currently estimated at $1,470,298, approximately $566 per square foot. This property was built in 1954. 4151 Bannock Ave Unit 53 is a home located in San Diego County with nearby schools including Field Elementary School, Innovation Middle School, and Madison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Diego MLS This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.

Nearby Homes