Kevin Piechota
eXp Realty of California, Inc.
(858) 293-5254
68 Total Sales
19 in North Park
$415K - $2.8M Price Range
4152 Iowa St San Diego, CA 92104
North Park Neighborhood
4
Beds
2
Baths
5,304
Sq Ft
6,970
Sq Ft Lot
Highlights
- Wood Flooring
- Garfield Elementary Rated A
- 11 Car Garage
About This Home
As of September 2022-Prime Central San Diego Location – North Park -Value-Add Opportunity (78% Upside in Rents) -Excellent Unit Mix of 1Bdrm & 3Bdrm Units -High Demand Rental Market -Garages and Off-Street Parking -Spacious Floor Plans -Easy Access to Local Services and Major Freeways -Located Near Shops, Restaurants and Transportation The Iowa Street Apartments, a nine (9) unit apartment complex in North Park, San Diego, represents a unique value-add investment opportunity. There is substantial upside in rental income (approximately78%). The subject property is located on a 7,004sf lot consisting of three (3) 3bedroom /1.5bathroom and six(6)1bedroom /1bathroom units. The property has ample off-street parking plus two (2) double-car garages. ***The identical building located at 3960 Idaho Street is also listed for sale and can be sold to the same buyer for a total of 18-Units.*** Ideal value-add opportunity located in one of San Diego's best rental markets.
Last Agent to Sell the Property
Apartment Realty Group (ARG) License #01352336 Listed on: 07/22/2022
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Property Details
Home Type
- Multi-Family
Lot Details
- 6,970
Home Design
- Composition Roof
Interior Spaces
- 4 Bedrooms
- 5,304 Sq Ft Home
- 2-Story Property
- Wood Flooring
Parking
- 11 Car Garage
- Parking Available
Additional Features
- Number of ADU Units: 3
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Total Actual Rent $14,780
Community Details
Overview
- 9 Units
Building Details
- 9 Leased Units
- Operating Expense $65,943
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
Listed on
Jul 22, 2022
Closed on
Sep 22, 2022
Sold by
Bought by
Seller's Agent
James V. Carter
Apartment Realty Group (ARG)
Buyer's Agent
Florian Sighe
The Browar Group
List Price
$3,000,000
Sold Price
$3,375,000
Premium/Discount to List
$375,000
12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,502,000
Outstanding Balance
$3,298,656
Interest Rate
5.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 12, 2019
Sold by
Bought by
Purchase Details
Closed on
Jul 30, 2013
Sold by
Bought by
Purchase Details
Closed on
Dec 22, 1986
Bought by
Purchase Details
Closed on
Sep 4, 1985
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North Park, CA
-
Kevin Piechota
-
Teri Parker
Teri Parker
Parker Properties
(619) 536-0380
64 Total Sales
1 in North Park
$835,000 Price
-
Mike Acker
Mike Acker
Hunter & Maddox Intl. Inc.
(858) 630-4598
25 Total Sales
1 in North Park
$1,100,000 Price
-
Bo Bortner
Bo Bortner
Team Metro
(619) 604-9876
33 Total Sales
3 in North Park
$550K - $1.5M Price Range
-
Kim Babcock
Kim Babcock
Real Brokerage Technologies
(760) 906-8772
22 Total Sales
2 in North Park
$850,000 Price Range
-
Ryan Main
Ryan Main
Compass
(858) 997-2172
51 Total Sales
8 in North Park
$570K - $2M Price Range
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 |
|---|---|---|---|
| $3,400,000 | Chicago Title | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $485,000 | -- | ||
| $137,500 | -- |
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 |
|---|---|---|---|
| Closed | -- | ||
| Open | $3,502,000 | ||
| Previous Owner | $450,000 | ||
| Previous Owner | $325,000 |
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 |
|---|---|---|---|---|
| 09/28/2022 09/28/22 | Sold | $3,375,000 | +12.5% | $636 / Sq Ft |
| 07/28/2022 07/28/22 | Pending | -- | -- | -- |
| 07/23/2022 07/23/22 | For Sale | $3,000,000 | -- | $566 / 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 | $44,533 | $3,608,107 | $2,653,020 | $955,087 |
| 2025 | $44,533 | $3,537,360 | $2,601,000 | $936,360 |
| 2024 | $42,853 | $3,468,000 | $2,550,000 | $918,000 |
| 2023 | $41,902 | $3,400,000 | $2,500,000 | $900,000 |
| 2022 | $22,550 | $1,834,693 | $1,075,901 | $758,792 |
| 2021 | $22,386 | $1,798,719 | $1,054,805 | $743,914 |
| 2020 | $22,114 | $1,780,277 | $1,043,990 | $736,287 |
| 2019 | $21,719 | $1,745,370 | $1,023,520 | $721,850 |
| 2018 | $20,309 | $1,711,148 | $1,003,451 | $707,697 |
| 2017 | $19,824 | $1,677,597 | $983,776 | $693,821 |
| 2016 | $19,506 | $1,644,704 | $964,487 | $680,217 |
| 2015 | $9,442 | $787,868 | $263,158 | $524,710 |
| 2014 | $9,296 | $772,436 | $258,004 | $514,432 |
Source: Public Records
Agents Affiliated with this Home
-
James V. Carter
Seller's Agent in 2022
James V. Carter
Apartment Realty Group (ARG)
(610) 755-1778
2 in this area
38 Total Sales
-
Florian Sighe
Buyer's Agent in 2022
Florian Sighe
The Browar Group
(619) 894-3030
2 in this area
42 Total Sales
Map
Source: San Diego MLS
MLS Number: 220019167
APN: 446-322-24-00
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