NOT LISTED FOR SALE
8 Beds
6 Baths
2,940 Sq Ft
2023 Built

Sale Details

Date Sold: July 13, 2023

Last sale price $1,810,000 $616 Per Sq Ft

5 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Property is Fully Fenced
  • 2-minute walk to Collier Park
  • La Mesa Arts Academy Rated 9+
  • 1-Story Property

About This Home

As of July 2023

BRAND NEW CONSTRUCTION IN LA MESA VILLAGE! Featuring new construction (2) 3 bed / 2 bath units and a fully remodeled 2 bed / 2 bath unit. The property is 100% occupied and is generating $10,931/mo in rental income. Each unit features central air and W/Ds in-unit. The property also boasts outside entertainment space, (2) single-car garages and several additional off-street parking spaces. There may be an ADU opportunity to convert the garages into a fourth unit. Walking distance to restaurants, shops, and more along La Mesa Blvd and redeveloped Collier Park.

Last Agent to Sell the Property

Adrian Gonzalez

Bridgepoint Realty Inc License #01844618 Listed on: 06/20/2023

Last Buyer's Agent

Josh Browar

The Browar Group License #01824454

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2023

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Property is Fully Fenced
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for trash, electricity, gas/propane
  • Assessor Parcel Number 494-622-10-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • La Mesa Village Community

Building Details

  • Net Operating Income $101,904

Property Details

Home Type

Multi-Family

Year Built

Built in 2023

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Pasadena Ave
  • Neighborhood: La Mesa Village
  • Stories: 1 Story
  • Sale Price List Price: 0.95
  • Total Stories: 1
  • Year Built: 2023
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Cooling: Central Forced Air
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: La Mesa Village
  • Community: LA MESA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 494-622-10-00

Rental Info

  • Tenant Pays: Trash, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 101904
  • Gross Rent Multiplier Actual: 14.5
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Garage: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

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

Closed on
Dec 31, 2024
Sold by
Bought by

Purchase Details

Listed on
Jun 20, 2023
Closed on
Jun 29, 2023
Sold by
Bought by
Seller's Agent
Adrian Gonzalez
Bridgepoint Realty Inc
Buyer's Agent
Josh Browar
The Browar Group
List Price
$1,899,000
Sold Price
$1,810,000
Premium/Discount to List
-$89,000
-4.69%
Views
135

Purchase Details

Closed on
Dec 8, 2021
Sold by
Bought by

Purchase Details

Closed on
May 17, 2016
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
$311,250
Interest Rate
3.61%
Mortgage Type
New Conventional
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
-- None Listed On Document
$1,810,000 Ticor Title
-- None Available
$415,000 Corinthian Title Company
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 $311,250
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
07/13/2023 07/13/23 Sold $1,810,000 -4.7% $616 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $1,899,000 -- $646 / 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 $22,642 $1,883,124 $1,040,400 $842,724
2025 $6,237 $1,846,200 $1,020,000 $826,200
2024 $6,237 $481,636 $232,114 $249,522
2023 $6,010 $472,193 $227,563 $244,630
2022 $5,997 $462,935 $223,101 $239,834
2021 $5,968 $453,859 $218,727 $235,132
2020 $5,856 $449,207 $216,485 $232,722
2019 $5,742 $440,400 $212,241 $228,159
2018 $5,621 $431,766 $208,080 $223,686
2017 $5,525 $423,300 $204,000 $219,300
2016 $2,180 $143,490 $87,499 $55,991
2015 $2,160 $141,335 $86,185 $55,150
2014 $2,036 $138,567 $84,497 $54,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230011723

San Diego MLS

APN: 494-622-10-00

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