NOT LISTED FOR SALE
3 Beds
2 Baths
1,350 Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: March 23, 2022

Last sale price $725,000 $537 Per Sq Ft

7 Days on Market

Highlights

  • 1-Story Property
  • Property is Fully Fenced
  • 4-minute walk to Teralta Park

About This Home

As of March 2022

Priced right. Great 2 on 1. House in front has a small room as optional 3rd bedroom plus a new construction garage. Fenced private yard. Front house also has 2020 plumbing, electrical, roof and windows. Detached cottage in rear is a 1/1 with carport and large yard. Feels like it's own house. Both are tenant occ. Shown with accepted offer. All property needs is a little landscaping.

Last Agent to Sell the Property

Robert Klaus

RBK Commercial License #01260892 Listed on: 02/08/2022

Last Buyer's Agent

Lin Li

EXP Commercial of California License #02001468

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1955

Lot Details

  • 4,792

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Property is Fully Fenced

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 454-753-28-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • City Heights Community

Building Details

  • Net Operating Income $28,200

Property Details

Home Type

Multi-Family

Year Built

1955

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Orange
  • Neighborhood: City Heights
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: City Heights
  • Community: CITY HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 454-753-28-00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 28200
  • Gross Rent Multiplier Actual: 17.0
  • Gross Rent Multiplier Projected: 14.5
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

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
Feb 8, 2022
Closed on
Mar 4, 2022
Sold by
Bought by
Seller's Agent
Robert Klaus
RBK Commercial
Buyer's Agent
Lin Li
EXP Commercial of California
List Price
$735,000
Sold Price
$725,000
Premium/Discount to List
-$10,000
-1.36%

Purchase Details

Closed on
Apr 18, 2018
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
$296,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2018
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
$296,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 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
$150,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 1998
Sold by
Bought by

Purchase Details

Closed on
Jan 13, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- National Title
$725,000 Fidelity National Title
-- Fidelity National Title
-- Chicago Title Company
$370,000 Chicago Title Company
-- Commonwealth Land Title Co
-- Commonwealth Land Title Co
-- --
$103,000 Chicago Title Company
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 $296,000
Previous Owner $175,000
Previous Owner $150,000
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
03/23/2022 03/23/22 Sold $725,000 -1.4% $537 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $735,000 -- $544 / 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 $10,187 $784,760 $487,825 $296,935
2025 $9,299 $769,373 $478,260 $291,113
2024 $9,299 $754,288 $468,883 $285,405
2023 $9,094 $739,499 $459,690 $279,809
2022 $4,859 $396,713 $246,606 $150,107
2021 $4,826 $388,935 $241,771 $147,164
2020 $4,768 $384,948 $239,292 $145,656
2019 $4,683 $377,400 $234,600 $142,800
2018 $1,840 $153,840 $123,974 $29,866
2017 $1,796 $150,825 $121,544 $29,281
2016 $1,766 $147,868 $119,161 $28,707
2015 $1,741 $145,648 $117,372 $28,276
2014 $1,714 $142,796 $115,073 $27,723
Source: Public Records

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Map

Source: San Diego MLS

MLS Number: 220002762

San Diego MLS

APN: 454-753-28-00

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