NOT LISTED FOR SALE
4 Beds
4 Baths
2,304 Sq Ft
1938 Built

Sale Details

Date Sold: February 9, 2021

Last sale price $1,355,000 $588 Per Sq Ft

242 Days on Market

About This Home

As of February 2021

PRICED TO SELL! Remodeled and Unique - 4 detached 1 bed/1 ba cottages - New stone counters, AC, flooring, ss appliances, full bath all completed 2018. Front units each have a private side patio and rear units boast a beautiful fenced-in yard. Desirable rental units comes with 3 one car garages and 1 assigned parking space in the back. In addition, each home has in-unit washer and dryer. Previous laundry room is a bonus and can be used in many other income producing ways.

Last Agent to Sell the Property

Megan Root

Milestone Properties License #01351843 Listed on: 04/17/2020

Last Buyer's Agent

Saied Mojabi

Coldwell Banker Realty License #00860307

Coldwell Banker Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Home Design

  • Rolled or Hot Mop Roof
  • Tar and Gravel Roof
  • Adobe

Additional Features

  • 1-Story Property
  • Partially Fenced Property
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 447-551-04-00

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Las Casitas Community

Building Details

  • Net Operating Income $58,147

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Meade
  • Neighborhood: Normal Heights
  • LP / Sq Ft: 22.23
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1938
  • Allow Comments Review: Yes
  • Internet Address Field: Partial Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Adobe
  • Fencing: Partial
  • Roof: Rock/Gravel, Rolled/Hot Mop

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Complex Name: Las Casitas
  • Community: NORMAL HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 447-551-04-00

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 58147
  • Gross Rent Multiplier Actual: 17.66
  • Gross Rent Multiplier Projected: 16.72
  • Number Of Buildings: 4
  • Number Of Units With Cooling: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

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
Apr 17, 2020
Closed on
Mar 3, 2021
Sold by
Bought by
Seller's Agent
Megan Root
Milestone Properties
Buyer's Agent
Saied Mojabi
Coldwell Banker Realty
List Price
$1,550,000
Sold Price
$1,355,000
Premium/Discount to List
-$195,000
-12.58%

Purchase Details

Listed on
Apr 17, 2020
Closed on
Jan 10, 2021
Sold by
Bought by
Seller's Agent
Megan Root
Milestone Properties
Buyer's Agent
Saied Mojabi
Coldwell Banker Realty
List Price
$1,550,000
Sold Price
$1,355,000
Premium/Discount to List
-$195,000
-12.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2020
Closed on
Dec 24, 2020
Sold by
Bought by
Seller's Agent
Megan Root
Milestone Properties
Buyer's Agent
Saied Mojabi
Coldwell Banker Realty
List Price
$1,550,000
Sold Price
$1,355,000
Premium/Discount to List
-$195,000
-12.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2019
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
$830,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2017
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
$750,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2013
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
$326,000
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2011
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
$343,000
Interest Rate
4.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2002
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
$322,000
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 1992
Sold by
Bought by

Purchase Details

Closed on
Sep 21, 1989

Purchase Details

Closed on
Feb 29, 1984
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Normal Heights, CA

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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
-- Accommodation
-- Ticor Title Company San Dieg
$1,355,000 Ticor Title San Diego Branch
$1,455,000 Fidelity National Title
-- Fidelity National Title
-- Fidelity National Title
$1,000,000 Chicago Title Company Commer
-- Western Resources Title
$505,000 Ticor Title Company Of Ca
$399,000 First American Title
-- --
$212,400 --
$155,000 --
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 $855,000
Previous Owner $830,000
Previous Owner $750,000
Previous Owner $176,544
Previous Owner $326,000
Previous Owner $343,000
Previous Owner $410,000
Previous Owner $322,000
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
02/09/2021 02/09/21 Sold $1,355,000 -2.9% $588 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/03/2020 12/03/20 Price Changed $1,395,000 -3.5% $605 / Sq Ft
09/15/2020 09/15/20 Price Changed $1,445,000 -3.0% $627 / Sq Ft
06/22/2020 06/22/20 Price Changed $1,490,000 -3.9% $647 / Sq Ft
04/17/2020 04/17/20 For Sale $1,550,000 -- $673 / 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 $18,972 $1,496,027 $745,253 $750,774
2025 $17,751 $1,466,694 $730,641 $736,053
2024 $17,751 $1,437,936 $716,315 $721,621
2023 $17,358 $1,409,742 $702,270 $707,472
2022 $16,898 $1,382,100 $688,500 $693,600
2021 $18,563 $1,499,474 $669,868 $829,606
2020 $18,338 $1,484,100 $663,000 $821,100
2019 $12,552 $1,011,840 $612,000 $399,840
2018 $6,764 $568,617 $226,033 $342,584
2017 $6,604 $557,468 $221,601 $335,867
2016 $6,497 $546,538 $217,256 $329,282
2015 $6,401 $538,329 $213,993 $324,336
2014 $6,302 $527,785 $209,802 $317,983
Source: Public Records

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Map

Source: San Diego MLS

MLS Number: 200017511

San Diego MLS
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