NOT LISTED FOR SALE

Estimated Value: $739,000 - $794,244

4 Beds
2 Baths
-- Sq Ft
0.57 Acres

Last Sold September 11, 2023

Last sale price $673,000

Est. 13% increase in value since last sale

Current estimated payment $4,840/month

14 Days on Market

About This Home

As of September 2023

A perfect property! Located in the highly desirable City Heights neighborhood, with a 76 WalkScore, close to City Heights Park/Rec Center/Library, Rosa Parks Elementary, Clark Middle School, and public transportation. Convenience, coupled with terrific income potential, this is a smart choice for investor or first-time home buyer. A wonderful craftsman style, boasting two separate 2-bedroom, 1-bath units with architectural integrity, hardwood floors, tiled bathrooms, fireplaces. The upstairs unit, features a living room/dining room combo, private front porch overlooking a thriving vegetable garden. Access to a 1 car garage, with an entrance to the kitchen from the driveway. The 2nd unit has access to a large front patio and fenced backyard. This unit has a laundry room that was converted to a bedroom by the tenant without permits and is not included in the square footage. Both units have newer electric wiring and main service panels and 1 year old water heaters. Both units have washer/dryer hook ups. Long term tenants (12+ years) on month to month and wish to stay. Rents, however, are under market.

Last Agent to Sell the Property

Jeff Sharp

Mortgage and Realty Professionals License #01292229 Listed on: 08/02/2023

Last Buyer's Agent

Tommy Tong

Tommy Tong License #01966646

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,301

Year Built

  • Built in 1930

Lot Details

  • 0.57

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Property is Fully Fenced

Community Details

  • 2 Units
  • Net Operating Income $29,288

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 476-202-02-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,301

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: 44th Street
  • Neighborhood: City Heights
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1930
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: CITY HEIGHTS

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 476-202-02-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 29288
  • Annual Expense Actual: 6064
  • Gross Rent Multiplier Actual: 18.3
  • Gross Rent Multiplier Projected: 14.63
  • Gross Sched Income Actual: 3080
  • Gross Sched Income Projected: 3800
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 2
  • 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: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
Duddi Sunil and Hernandez Jessica
Bought by
Duddi Sunil
Current Estimated Value
$761,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,000
Outstanding Balance
$494,955
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$224,067

Purchase Details

Listed on
Aug 2, 2023
Closed on
Aug 24, 2023
Sold by
Scadams Trust
Bought by
Duddi Sunil
Seller's Agent
Jeff Sharp
Mortgage and Realty Professionals
Buyer's Agent
Tommy Tong
Tommy Tong
List Price
$650,000
Sold Price
$673,000
Premium/Discount to List
$23,000
3.54%
Views
174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Original Mortgage
$504,750
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2011
Sold by
Adams Bonne Jean
Bought by
Adams Bonne Jean

Purchase Details

Closed on
May 6, 2011
Sold by
Delgado Albert F and Delgado Victoria
Bought by
Adams Bonne J

Purchase Details

Closed on
Aug 31, 2005
Sold by
Engstrom Lynn
Bought by
Delgado Albert F and Delgado Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,200
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 18, 2002
Sold by
Sosa Luis S
Bought by
Engstrom Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.7%

Purchase Details

Closed on
Aug 22, 2001
Sold by
Sosa Margarita F
Bought by
Sosa Luis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,550
Interest Rate
7.05%

Purchase Details

Closed on
Jul 23, 2001
Sold by
Burger Andy J and Giles Burger Deborah
Bought by
Sosa Luis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,550
Interest Rate
7.05%

Purchase Details

Closed on
Nov 23, 1993
Sold by
Burger Deborah Giles
Bought by
Burger Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Interest Rate
7.16%

Purchase Details

Closed on
Nov 13, 1990
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Duddi Sunil -- Chicago Title
Duddi Sunil $673,000 Wfg National Title
Scadams Trust -- Wfg National Title
Adams Bonne Jean -- None Available
Adams Bonne J $228,500 Ticor Title Company
Adams Bonne J -- Ticor Title
Delgado Albert F $509,000 Southland Title Of San Diego
Engstrom Lynn $290,000 Fidelity National Title Co
Sosa Luis S -- Fidelity National Title
Sosa Luis S $229,000 Fidelity National Title
Burger Andy J -- Fidelity National Title
Burger Andrew J -- Chicago Title Co
-- $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duddi Sunil $497,000
Previous Owner Duddi Sunil $504,750
Previous Owner Delgado Albert F $407,200
Previous Owner Engstrom Lynn $232,000
Previous Owner Sosa Luis S $217,550
Previous Owner Burger Andrew J $59,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Sold $673,000 -1.8% --
08/18/2023 08/18/23 Price Changed $685,000 +5.4% --
08/17/2023 08/17/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $650,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

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 $8,301 $686,459 $285,279 $401,180
2024 $8,301 $673,000 $279,686 $393,314
2023 $3,476 $280,939 $116,753 $164,186
2022 $3,384 $275,431 $114,464 $160,967
2021 $3,361 $270,031 $112,220 $157,811
2020 $3,320 $267,263 $111,070 $156,193
2019 $3,261 $262,024 $108,893 $153,131
2018 $3,050 $256,887 $106,758 $150,129
2017 $82 $251,851 $104,665 $147,186
2016 $2,929 $246,913 $102,613 $144,300
2015 $2,886 $243,205 $101,072 $142,133
2014 $2,842 $238,442 $99,093 $139,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230014948

San Diego MLS

APN: 476-202-02