NOT LISTED FOR SALE
8 Beds
4 Baths
2,900 Sq Ft
5,000 Sq Ft Lot

Sale Details

Date Sold: December 5, 2025

Last sale price $1,950,000 $672 Per Sq Ft

157 Days on Market

Highlights

  • No HOA
  • Level Lot
  • No Heating
  • Laundry Facilities

About This Home

As of December 2025

Rare multi-unit investment opportunity in an unbeatable location! True owner occupant opportunity. This property is ideal for owner-occupancy and an excellent investment for someone looking to live in a central neighborhood in San Diego. For the first time in generations, this exceptional 4-unit property is available--a truly rare find in one of San Diego's most sought-after locations. This property offers the perfect blend of charm, convenience, and income potential. All units are 2-bedroom, 1-bath. A perfect opportunity for an owner-occupant looking to have his/her cake and eat it too. This beautiful 2-bedroom 1 bath 4-unit property offers great financing flexibility and investment potential for the season investors looking for replacement property under a 1031 exchange or owner-occupied buyer to live in one and rent the other 3 units. Tenants enjoy close proximity and being steps away from world class restaurants and entertainment. This property is one of 2 properties in a portfolio being offered for sale. Each property can be purchased on an individual basis. Don’t miss this fantastic opportunity to acquire a value-add coastal asset with healthy current income and development potential in one of San Diego’s most desirable residential submarkets!

Last Agent to Sell the Property

Eduardo Bustamante

South Bay Real Estate Brokerage Email: ed@southbayre.net License #00845295 Listed on: 06/01/2025

Last Buyer's Agent

Brandon Schuller

Brandon S Schuller, Broker License #01939128

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 5,000 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Dryer

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Additional Features

  • Exterior Lighting
  • Suburban Location
  • No Heating

Listing and Financial Details

  • Tax Lot 4447201900
  • Tax Tract Number 199545
  • Assessor Parcel Number 4447201900
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $75
  • Trash Expense $80
  • Water Sewer Expense $120
  • New Taxes Expense $1,744
  • Operating Expense $2,020
  • Gross Income $8,750
  • Net Operating Income $4,115

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 2.20
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 120.00
  • Zoning: RM3-9
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4447201900
  • Year Built: 1971
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 724.14

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Gas & Electric Dryer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 80.00
  • Water Source: Mutual Water Companies

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Level
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Gross Income: 8750.00
  • Gross Operating Income: 8750.00
  • Gross Scheduled Income: 8750.00
  • Insurance Expense: 75.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 4115.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 4115.00
  • Rent Control: No
  • Total Actual Rent: 8750.00
  • Total Expenses: 2020.00

Tax Info

  • New Taxes Expense: 1744.00
  • Tax Lot: 4447201900
  • Tax Tract Number: 199545

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
Jun 1, 2025
Closed on
Dec 4, 2025
Sold by
Bought by
Seller's Agent
Eduardo Bustamante
South Bay Real Estate
Buyer's Agent
Brandon Schuller
Brandon S Schuller, Broker
List Price
$2,100,000
Sold Price
$1,950,000
Premium/Discount to List
-$150,000
-7.14%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Outstanding Balance
$1,355,685
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2025
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2017
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 2013
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 2012
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
$1,950,000 Stewart Title Guaranty Company
$3,350,000 Stewart Title Guaranty Company
-- None Available
-- None Available
-- None Available
-- None Available
-- 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 $1,365,000
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
12/05/2025 12/05/25 Sold $1,950,000 -7.1% $672 / Sq Ft
11/05/2025 11/05/25 Pending -- -- --
10/07/2025 10/07/25 For Sale $2,100,000 0.0% $724 / Sq Ft
10/07/2025 10/07/25 Pending -- -- --
06/01/2025 06/01/25 For Sale $2,100,000 -- $724 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,414 $1,950,000 $1,400,000 $550,000
2025 $1,819 $147,113 $36,706 $110,407
2024 $1,819 $144,230 $35,987 $108,243
2023 $1,776 $141,403 $35,282 $106,121
2022 $1,729 $138,632 $34,591 $104,041
2021 $1,717 $135,914 $33,913 $102,001
2020 $1,697 $134,522 $33,566 $100,956
2019 $1,667 $131,885 $32,908 $98,977
2018 $1,560 $129,300 $32,263 $97,037
2017 $1,522 $126,766 $31,631 $95,135
2016 $1,495 $124,281 $31,011 $93,270
2015 $1,473 $122,415 $30,546 $91,869
2014 $1,452 $120,018 $29,948 $90,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2504029

California Regional Multiple Listing Service (CRMLS)
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