NOT LISTED FOR SALE
11 Beds
8 Baths
4,690 Sq Ft
6,534 Sq Ft Lot Lot

Sale Details

Date Sold: December 14, 2020

Last sale price $1,725,000 $368 Per Sq Ft

1 Day on Market

About This Home

As of December 2020

Karpeles buildings set the standard for excellence in central San Diego for a generation. They feature superior units and far above average parking. This asset has parking for twelve vehicles. The upstairs units have vaulted ceilings and two units have fireplaces. Rents have been below market for years. It would be appropriate after Covid to upgrade all of the units and bring the rents up to market level.

Last Agent to Sell the Property

Terry Moore

ACI Apartments License #00918512 Listed on: 11/13/2020

Last Buyer's Agent

Terry Moore

ACI Apartments License #00918512 Listed on: 11/13/2020

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,534

Home Design

  • Stucco

Interior Spaces

  • 11 Bedrooms
  • 4,690 Sq Ft Home
  • 2-Story Property

Parking

  • 12 Car Garage
  • Parking Available

Additional Homes

  • Number of ADU Units: 1

Listing and Financial Details

  • Total Actual Rent $8,000

Community Details

Overview

  • 7 Units

Building Details

  • 7 Leased Units
  • Operating Expense $44,853

Property Details

Home Type

Multi-Family

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • CapRate: 2.7
  • Co List Office Mls Id: 61276
  • Living Area: 4690.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-03-05T10:31:11Z
  • FullAddress: 4359 38th St.
  • NumofLeasedApartments: 7
  • ShortSale: No
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 11

Exterior Features

  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Garages, Spaces
  • Total Parking Spaces: 12.0

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 7
  • Annual Operating Expense: 44853.0
  • Total Actual Rent: 8000.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $1,725,000 -1.4% $368 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/14/2020 11/14/20 For Sale $1,750,000 -- $373 / Sq Ft
Source: San Diego MLS

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
2025 $22,580 $1,867,194 $1,190,674 $676,520
2024 $22,580 $1,830,583 $1,167,328 $663,255
2023 $22,081 $1,794,690 $1,144,440 $650,250
2022 $21,494 $1,759,500 $1,122,000 $637,500
2021 $21,347 $1,725,000 $1,100,000 $625,000
2020 $5,749 $459,973 $184,296 $275,677
2019 $5,648 $450,955 $180,683 $270,272
2018 $5,284 $442,114 $177,141 $264,973
2017 $82 $433,446 $173,668 $259,778
2016 $5,073 $424,948 $170,263 $254,685
2015 $4,998 $418,566 $167,706 $250,860
2014 $4,921 $410,367 $164,421 $245,946
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200051632

San Diego MLS

APN: 447-201-09-00

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