NOT LISTED FOR SALE

Estimated Value: $1,069,000 - $1,251,000

3 Beds
2 Baths
-- Sq Ft
0.92 Acres

Last Sold August 13, 2021

Last sale price $1,000,000

Est. 19% increase in value since last sale

Current estimated payment $7,743/month

42 Days on Market

Highlights

  • City View
  • The community has rules related to allowing live work
  • Level Lot
  • Garfield Elementary Rated A-
  • Gated Home
  • 1-Story Property

About This Home

As of August 2021

Located in prime North Park, 4505-07 30th Street 92116 consists of two residential units on the corner of 30th Street and Monroe Street. The property is commercially zoned (CN-1-5)which allows development with a pedestrian orientation and permits a maximum density of 1 dwelling unit for each 600 square feet of lot area. All tenants are on month-to-month leases and tenants pay all utilities. Interiors of the property have been fully renovated and property has an abundance of off street parking.

Last Listed By

Kevin Scudelari

South Coast Commercial, Inc. License #02062391 Listed on: 06/14/2021

South Coast Commercial, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,876

Year Built

  • Built in 2018

Lot Details

  • Gated Home
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • City Views

Listing and Financial Details

  • Tenant pays for sewer, water, electricity, gas/propane
  • Assessor Parcel Number 446-053-15-00

Community Details

Overview

  • 2 Units
  • The community has rules related to allowing live work

Building Details

  • Net Operating Income $31,888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,876

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Monroe Street
  • Neighborhood: North Park
  • Stories: 1 Story
  • Sale Price List Price: 1.03
  • Total Stories: 1
  • Year Built: 2018
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Gate, Partial
  • Roof: Composition
  • View: City

Utilities

  • Water: Available

Condo/Co-op/Association

  • Community: NORTH PARK

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Zoning: CN-1-5
  • Additional Property Use: Res/Business Use OK
  • Assessor Parcel Number: 446-053-15-00

Rental Info

  • Tenant Pays: Sewer, Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 31888
  • Annual Expense Actual: 12926
  • Gross Rent Multiplier Actual: 21.0
  • Gross Rent Multiplier Projected: 18.5
  • Gross Sched Income Actual: 46200
  • Gross Sched Income Projected: 52740
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1
  • Other Income Actual: 350
  • Other Income Projected: 350.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 1, 2021
Sold by
Hailu Isaiah A and Getachew Gebremedhin Getachew
Bought by
Devanti Llc
Seller's Agent
Kevin Scudelari
South Coast Commercial, Inc.
Buyer's Agent
Omar Richards
Palisade Realty Inc
List Price
$975,000
Sold Price
$1,000,000
Premium/Discount to List
$25,000
2.56%
Total Days on Market
42
Current Estimated Value
$1,191,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,711
Original Mortgage
$60,000
Interest Rate
3.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2016
Sold by
Gebre Tsigab
Bought by
Hailu Isaiah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2016
Sold by
Harris Erwin B
Bought by
Hailu Isaiah A and Gebremedhin Gatechew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2007
Sold by
Harris Stella M
Bought by
Harris Stella M

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Similar Homes in San Diego, CA

  • 1902-8 Howard Ave, San Diego, CA 92104

    $1,500,000

    • 2 Beds
    • 2 Baths
    • 1,056 Sq Ft
    • 1902-8 Howard Ave
    • San Diego, CA

    Welcome to 1902-08 Howard Avenue, a rare opportunity to own two side-by-side bungalows in one of San Diego's most sought-after neighborhoods. These delightful homes offer a perfect blend of vintage charm and modern convenience, ideal for owner-occupiers, investors, or those seeking a unique multi-generational living arrangement. Roofs on both homes replaced 2023, 1908 plumbing updated in 2023.

    Martin Montesano RE/MAX City Real Estate

    Section Image
  • 38 Fairmount Ave, San Diego, CA 92105

    $999,900

    • 6 Beds
    • 3 Baths
    • 2,212 Sq Ft
    • 38 Fairmount Ave
    • San Diego, CA

    Savvy investors recognize that below-market rents mean instant equity growth, and this triplex zoned R-4 delivers exactly that. Featuring three 2BR/1BA units, including a standalone front home (approx. 761 sq ft) and stacked units with alley access (approx. 720 sq ft each), this property is fully occupied on month-to-month leases, allowing immediate rent adjustments to market rates. With pro

    Andrew Santiago Real Broker

    Section Image
  • 4472 51st St Unit 74, San Diego, CA 92115

    $1,000,000

    • 4 Beds
    • 2 Baths
    • 4472 51st St
    • Unit 74
    • San Diego, CA

    **Charming Talmadge Duplex – Ideal Investment or Owner-Occupant Opportunity!** Located in the highly desirable **Talmadge neighborhood**, this **versatile duplex** offers a fantastic opportunity for investors or homeowners looking for rental income. With **two separate units**, each with **private entrances and a gated division for privacy**, this property provides flexibility and convenience.

    Jessica Nguyen HomeSmart Realty West

    Section Image
  • 4123 Gamma St Unit 27, San Diego, CA 92113

    $950,000

    • 6 Beds
    • 3 Baths
    • 1,850 Sq Ft
    • 4123 Gamma St
    • Unit 27
    • San Diego, CA

    Incredible Investment Opportunity Located in the Heart of Southcrest/Shelltown! This Income Property Consists of THREE 2 Bed 1 Bath Homes in On a 51x140 Lot With Alley Access. Pick Your Own Tenants. Located close to the Naval Base, the San Diego Bay, National City, Barrio Logan, Petco Park, Chicano Park, Just Minutes From The SD International Airport, Coronado, Adjacent to Hwy 5 & 805.

    Joe Carta Joe Carta Realty

    Section Image
  • 3146-48 Jemez Dr, San Diego, CA 92117

    $1,200,000

    • 4 Beds
    • 2 Baths
    • 1,584 Sq Ft
    • 3146-48 Jemez Dr
    • San Diego, CA

    Unlock a smart investment in highly desirable North Clairemont! This meticulously cared-for duplex offers immediate income potential with tenants who treat their units like their own. Situated in a sought-after location, you will appreciate the easy access to schools, convenient shopping, diverse restaurants, major highways, and public transportation. From the curb, this property exudes pride of

    Jim Field Century 21 Affiliated

    Section Image
  • 4518 Arizona St, San Diego, CA 92116

    $1,175,000

    • 3 Beds
    • 3 Baths
    • 1,368 Sq Ft
    • 4518 Arizona St
    • San Diego, CA

    SELLER IS WILLING TO PAY BUYER'S CLOSING COSTS!! Turn key, Rare Opportunity, Updated 2 Unit property in the Highly coveted 92116 zip code of University Heights! Location, Location! Possibly convert to single-family home? This rare find features two meticulously updated units. Offering incredible potential whether you're an investor looking for rental income or an end user wanting to offset your

    Richard Goodman Coldwell Banker West

    Section Image
  • 4111 Ohio St, San Diego, CA 92104

    $1,300,000

    • 4 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • 4111 Ohio St
    • San Diego, CA

    Owner is doing some renovations! Amazing investment opportunity in the coveted North Park neighborhood. This corner lot is zoned multifamily. Each home has 2 bedrooms and one bath. Remodel the current units or potentially add on additional units. Live in one and rent out the other or make it into your next investment property. The demand for rentals in North Park is sky high for obvious reasons.

    Kevin Conover Conover Realty

    Section Image
  • 2871 Capps St, San Diego, CA 92104

    $949,900

    • 2 Beds
    • 2.5 Baths
    • 1,000 Sq Ft
    • 2871 Capps St
    • San Diego, CA

    Completely Rebuilt in 2020!! DUPLEX OR MULTI-GENERATIONAL HOME. Nestled in the heart of Northpark, this immaculately designed duplex offers the perfect blend of modern luxury and prime location, providing easy access to all that San Diego has to offer. Completely updated and expanded in 2020, every inch of this home has been thoughtfully renovated with an emphasis on design, quality, and

    Tom Schulze Wise Choices Realty

    Section Image
  • 2871 Capps St, San Diego, CA 92104

    $949,900

    • 2 Beds
    • 3 Baths
    • 1,000 Sq Ft
    • 2871 Capps St
    • San Diego, CA

    Completely Rebuilt in 2020!! DUPLEX OR MULTI-GENERATIONAL HOME. Nestled in the heart of Northpark, this immaculately designed duplex offers the perfect blend of modern luxury and prime location, providing easy access to all that San Diego has to offer. Completely updated and expanded in 2020, every inch of this home has been thoughtfully renovated with an emphasis on design, quality, and

    Tom Schulze Wise Choices Realty

    Section Image

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
Devanti Llc $1,000,000 Ticor Title Sd Branch
Hailu Isaiah A -- Chicago Title Company Sd
Hailu Isaiah A $450,000 Chicago Title Company
Harris Stella M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hailu Isaiah A $60,000
Previous Owner Hailu Isaiah A $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $1,000,000 +2.6% --
07/27/2021 07/27/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $975,000 -- --
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
2024 $12,876 $1,040,400 $832,320 $208,080
2023 $12,579 $1,020,000 $816,000 $204,000
2022 $12,243 $1,000,000 $800,000 $200,000
2021 $6,018 $482,490 $348,465 $134,025
2020 $5,945 $477,543 $344,892 $132,651
2019 $5,839 $468,180 $338,130 $130,050
2018 $5,461 $459,000 $331,500 $127,500
2017 $5,331 $450,000 $325,000 $125,000
2016 $709 $54,791 $47,598 $7,193
2015 $700 $53,969 $46,884 $7,085
2014 $690 $52,913 $45,966 $6,947
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 210016441

San Diego MLS

APN: 446-053-15