Seller's Agent in 2024
Eric Comer
Eric D. Comer, Broker
(858) 231-4683
53 Total Sales
4645 Palm Ave La Mesa, CA 91941
La Mesa Area
3
Beds
2
Baths
6,200
Sq Ft
--
Built
About This Home
As of November 2024PRICE REDUCED!!! La Palmilla Apartments is a well located asset with a desirable unit mix of three (3) one-bedroom and five (5) two-bedroom apartment homes with ample parking, common laundry facilities, additional storage and secured entry. The offering is a true value-add opportunity with the option of upgrading unit interiors and the building exterior to achieve substantially higher rents. Seller is purchasing upleg and will either close 4645 Palm Avenue as the downleg in an exchange or if necessary effect a reverse exchange. Located in La Mesa's charming historical village with a walk score of 93, the neighborhood is a walker's paradise with a plethora of trendy restaurants, coffee shops, bars and shops along La Mesa Blvd (1.5 blocks from the property). Sprout's Farmers Market is located directly across the street. Residents are also walking distance (0.3 miles) to the nearest Trolley Stop, which is served by the Orange Line and provides traffic free commutes to destinations including Downtown San Diego, SDSU, Mission Valley, UTC and the San Ysidro border.
Last Agent to Sell the Property
Eric D. Comer, Broker License #00842230 Listed on: 07/23/2024
Last Buyer's Agent
Sean Toohey
Nara Advisors, Inc. License #02172754
Property Details
Home Type
- Apartment
Parking
- Parking Available
Interior Spaces
- 3 Bedrooms
- 6,200 Sq Ft Home
- 2-Story Property
Additional Homes
- Number of ADU Units: 3
Utilities
- Cooling System Mounted To A Wall/Window
- Radiant Heating System
Community Details
- 8 Units
- Operating Expense $73,487
Listing and Financial Details
- Total Actual Rent $16,025
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
Jul 23, 2024
Closed on
Oct 28, 2024
Sold by
Bought by
Seller's Agent
Eric Comer
Eric D. Comer, Broker
Buyer's Agent
Sean Toohey
Nara Advisors, Inc.
List Price
$2,600,000
Sold Price
$2,400,000
Premium/Discount to List
-$200,000
-7.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,165,000
Interest Rate
0.0608%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 2014
Sold by
Bought by
Purchase Details
Closed on
Mar 29, 2010
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
$629,000
Interest Rate
0.0488%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 29, 2008
Sold by
Bought by
Purchase Details
Closed on
May 22, 2003
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
$305,000
Interest Rate
0.0575%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 19, 2003
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
$305,000
Interest Rate
0.0575%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 26, 2000
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
$460,000
Interest Rate
0.0754%
Mortgage Type
Commercial
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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 |
|---|---|---|---|
| $2,400,000 | Chicago Title | ||
| $641,000 | Fidelity National Title Co | ||
| $1,015,000 | First American Title Ins Co | ||
| -- | None Available | ||
| -- | Commonwealth Land Title Co | ||
| $606,500 | Commonwealth Land Title Co | ||
| -- | Commonwealth Land Title Co |
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 |
|---|---|---|---|
| Open | $1,165,000 | ||
| Previous Owner | $650,000 | ||
| Previous Owner | $629,000 | ||
| Previous Owner | $689,000 | ||
| Previous Owner | $305,000 | ||
| Previous Owner | $460,000 |
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 |
|---|---|---|---|---|
| 11/07/2024 11/07/24 | Sold | $2,400,000 | -3.8% | $387 / Sq Ft |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- |
| 08/30/2024 08/30/24 | Price Changed | $2,495,000 | -4.0% | $402 / Sq Ft |
| 07/23/2024 07/23/24 | For Sale | $2,600,000 | -- | $419 / 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 |
|---|---|---|---|---|
| 2025 | $30,629 | $2,400,000 | $1,200,000 | $1,200,000 |
| 2024 | $19,983 | $1,526,311 | $444,671 | $1,081,640 |
| 2023 | $19,365 | $1,496,384 | $435,952 | $1,060,432 |
| 2022 | $19,357 | $1,467,044 | $427,404 | $1,039,640 |
| 2021 | $19,160 | $1,438,279 | $419,024 | $1,019,255 |
| 2020 | $18,536 | $1,423,532 | $414,728 | $1,008,804 |
| 2019 | $18,184 | $1,395,621 | $406,597 | $989,024 |
| 2018 | $17,767 | $1,368,257 | $398,625 | $969,632 |
| 2017 | $17,441 | $1,341,429 | $390,809 | $950,620 |
| 2016 | $16,949 | $1,315,128 | $383,147 | $931,981 |
| 2015 | $16,834 | $1,295,374 | $377,392 | $917,982 |
| 2014 | $14,212 | $1,068,784 | $368,545 | $700,239 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Comer
-
S
Buyer's Agent in 2024
Sean Toohey
Nara Advisors, Inc.
Map
Source: San Diego MLS
MLS Number: 240017065
APN: 494-442-07-00
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