4469 Altadena Ave San Diego, CA 92115
Talmadge Neighborhood
5
Beds
4
Baths
1,945
Sq Ft
3,745
Sq Ft Lot
Highlights
- Tankless Water Heater
- Level Lot
- 1-Story Property
- Partially Fenced Property
About This Home
As of May 2025Welcome to 4469-4475 Altadena Ave, a newly constructed four-unit development in Talmadge! Designed for savvy investors, 1031 exchange buyers, or homeowners looking to live in one unit while renting the others, this is your opportunity to step into immediate passive income. The property consists of three independent structures totaling four units, with three units currently occupied at fair market rents. Each unit offers a 1-bedroom, 1-bath layout ranging from 433 square feet up to 584 square feet for the largest unit. The original home built in 1939 has been remodeled to reflect the same new condition of the newly constructed 3 additional units. Each unit is equipped with modern conveniences and energy-efficient features to maximize comfort and appeal. Enjoy newly installed kitchens and bathrooms, luxury vinyl flooring, mini-split heating and air systems, and tankless water heaters. The units also include stainless steel appliances, including refrigerators, and in-unit washers and dryers, ensuring a seamless living experience. Solar on the 3 new units offers monthly savings! There is a common area fenced-in patio in front and 3 off-street parking spaces, providing convenience for tenants. Situated near SDSU, major hospitals, shopping centers, as well as San Diego’s iconic beaches, this property is ideally located to attract a wide range of tenants—from military professionals and students to those seeking vibrant urban living. Whether you're looking for a turnkey rental property or a strategic long-term investment, this is the perfect opportunity to grow your portfolio.
Last Buyer's Agent
Out of Area Out of Area
Out of Area
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,567
Year Built
- Built in 2024
Lot Details
- 3,745 Sq Ft Lot
- Partially Fenced Property
- Level Lot
Parking
- Alley Access
Home Design
- Composition Roof
Interior Spaces
- 1-Story Property
Utilities
- Cooling System Mounted To A Wall/Window
- Gravity Heating System
- Heating System Uses Natural Gas
- Separate Water Meter
- Tankless Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas/propane
- Assessor Parcel Number 472-011-05-00
Community Details
Overview
- 3 Buildings
- 4 Units
Pet Policy
- Pets Allowed
Building Details
- Net Operating Income $64,085
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 30, 2025
Sold by
Clear Horizon Ventures Llc
Bought by
Ssp Ca Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 2, 2023
Closed on
Sep 22, 2023
Sold by
Black Arrow Capital One Llc
Bought by
Clear Horizon Ventures Llc
Seller's Agent
Rafi Gorges
Realty Executives Dillon
Buyer's Agent
Marques Jackson
SimpliHOM
List Price
$789,000
Sold Price
$692,500
Premium/Discount to List
-$96,500
-12.23%
Views
104
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.51%
Original Mortgage
$965,000
Interest Rate
6.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 16, 2004
Sold by
Fourtenbary Mickey T and Parker Margaret E
Bought by
Fourtenbary Mickey T and Parker Margaret E
Similar Homes in San Diego, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,460,000 | First American Title | |
| Grant Deed | $692,500 | Ticor Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | No Value Available | |
| Previous Owner | $730,000 | New Conventional | |
| Previous Owner | $965,000 | New Conventional | |
| Previous Owner | $0 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Sold | $1,460,000 | 0.0% | $751 / Sq Ft |
| 01/07/2025 01/07/25 | For Sale | $1,460,000 | +110.8% | $751 / Sq Ft |
| 09/22/2023 09/22/23 | Sold | $692,500 | -7.5% | $1,186 / Sq Ft |
| 04/25/2023 04/25/23 | Pending | -- | -- | -- |
| 04/01/2023 04/01/23 | Price Changed | $749,000 | -5.1% | $1,283 / Sq Ft |
| 03/02/2023 03/02/23 | For Sale | $789,000 | +34.9% | $1,351 / Sq Ft |
| 04/22/2022 04/22/22 | Sold | $585,000 | +6.4% | $1,002 / Sq Ft |
| 03/15/2022 03/15/22 | Pending | -- | -- | -- |
| 03/01/2022 03/01/22 | For Sale | $549,900 | -- | $942 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $8,567 | $706,349 | $554,433 | $151,916 |
| 2024 | $8,567 | $692,500 | $543,562 | $148,938 |
| 2023 | $6,724 | $544,000 | $427,000 | $117,000 |
| 2022 | $501 | $36,293 | $28,490 | $7,803 |
| 2021 | $498 | $35,582 | $27,932 | $7,650 |
| 2020 | $492 | $35,218 | $27,646 | $7,572 |
| 2019 | $485 | $34,528 | $27,104 | $7,424 |
| 2018 | $456 | $33,852 | $26,573 | $7,279 |
| 2017 | $446 | $33,189 | $26,052 | $7,137 |
| 2016 | $438 | $32,540 | $25,542 | $6,998 |
| 2015 | $432 | $32,052 | $25,159 | $6,893 |
| 2014 | $426 | $31,425 | $24,667 | $6,758 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Ryan
Seller's Agent in 2025
Scott Ryan
Compass
(858) 349-8272
1 in this area
60 Total Sales
-
Evan Smith
Seller Co-Listing Agent in 2025
Evan Smith
Compass
(858) 869-5227
1 in this area
42 Total Sales
-
O
Buyer's Agent in 2025
Out of Area Out of Area
Out of Area
-
Rafi Gorges
Seller's Agent in 2023
Rafi Gorges
Realty Executives Dillon
(619) 504-2041
2 in this area
78 Total Sales
-
Marques Jackson
Buyer's Agent in 2023
Marques Jackson
SimpliHOM
(858) 699-0853
1 in this area
20 Total Sales
-
Kimberly Steel
Buyer Co-Listing Agent in 2023
Kimberly Steel
SimpliHOM
(760) 468-0290
1 in this area
113 Total Sales
Map
Source: San Diego MLS
MLS Number: 250000471
APN: 472-011-05
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