$1,333,000
SOLD MAR 20, 2025
5 Beds
3 Baths
2,022 Sq Ft
4,495 Sq Ft Lot

Recently Sold

$659 Per Sq Ft

1% Above List Price

8 Days on Market

Highlights

  • Property is near public transit
  • Granite Countertops
  • No HOA
  • Lewis Middle School Rated A-
  • Private Yard
  • 3-minute walk to Kensington Mini Park

About This Home

As of March 2025

Nestled in the heart of the highly sought-after Kensington neighborhood, this well maintained duplex offers a blend of charm, convenience, investment potential and opportunity. Just steps from Adams Avenue, enjoy easy access to trendy restaurants, cafés, boutique shops, and the beloved Kensington Park—all while being just minutes from major freeways and Mission Valley. This property includes a 3 bedroom, 2 bath unit and a 2 bedroom, 1 bath unit, both with modern kitchens & open floor plans and the potential to add charm and your personality for future value enhancement. Take a walk through this iconic area and you will see what has made Kensington a favorite San Diego neighborhood!

Last Agent to Sell the Property

Frank McLin

Heartland Real Estate Brokerage Email: frank@heartlandre.com License #00924501 Listed on: 02/05/2025

Last Buyer's Agent

Marty Castro

Green Leaf Group, Inc. License #01335276

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,729

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 4,495 Sq Ft Lot
  • Lot Dimensions are 39' x 114'
  • Property fronts an alley
  • 1 Common Wall
  • West Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Fence is in fair condition
  • Rectangular Lot
  • Private Yard
  • Front Yard

Home Design

  • Duplex
  • Entry on the 1st floor
  • Flat Roof Shape
  • Rolled or Hot Mop Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,022 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Side by Side Parking

Outdoor Features

  • Shed

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Overhead Utilities
  • Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 14/4
  • Tax Tract Number 1245
  • Assessor Parcel Number 4405530400
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Kensington Park Subdivision

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,320
  • Water Sewer Expense $1,800
  • New Taxes Expense $14,575
  • Operating Expense $18,700
  • Gross Income $35,820
  • Net Operating Income $30,845

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,729

Year Built

Built in 1964 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 2.32
  • Price Per Unit: 662500
  • Property Attached: Yes
  • Road Frontage Type: Maintained, City Street, Alley
  • Road Surface Type: Paved
  • Subdivision Name Other: Kensington Park (787)
  • View: No
  • Water Sewer Expenses: 1800.00
  • Zoning: R-2: Minor Multiple
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4405530400
  • Year Built: 1964
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Granite Counters
  • Stories: 1
  • Entry Location: Living Room
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 659.25
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom, Primary Bathroom, Primary Bedroom

Exterior Features

  • Direction Faces: West
  • Foundation: Concrete Perimeter
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Fair Condition, Needs Repair, Partial, Wood
  • Pool Private: No
  • Roof: Flat, Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Private, Side by Side
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Free-Standing Range, Disposal, Microwave, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Electric, Ductless
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Stackable, Washer Hookup
  • Sewer: Sewer Paid, Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot, Near Public Transit, Utilities - Overhead, Walkstreet, Yard
  • Lot Size: 39' x 114'
  • Lot Size Sq Ft: 4495.00
  • Lot Size Acres: 0.1032

Multi Family

  • Average2 Bed Area: 750 Square Feet
  • Average3 Bed Area: 1270 Square Feet
  • Gross Income: 35820.00
  • Gross Scheduled Income: 35820.00
  • Insurance Expense: 2320.00
  • Lot Size Area: 4495.0000 Square Feet
  • Net Operating Income: 30845.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 4975.00
  • Rent Control: Yes
  • Total Actual Rent: 2985.00
  • Total Expenses: 18700.00

Tax Info

  • New Taxes Expense: 14575.00
  • Tax Lot: 14/4
  • Tax Tract Number: 001245

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Mar 10, 2025
Sold by
Bernard and Bernard Gloria B
Bought by
Aubrey Hone Revocable Trust and Amanda Maureen Keton Revocable Trust
Seller's Agent
Frank McLin
Heartland Real Estate
Buyer's Agent
Marty Castro
Green Leaf Group, Inc.
List Price
$1,325,000
Sold Price
$1,333,000
Premium/Discount to List
$8,000
0.6%
Views
91
Current Estimated Value
$1,362,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,010
Avg. Annual Appreciation
3.00%
Original Mortgage
$799,800
Outstanding Balance
$797,097
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$555,758

Purchase Details

Closed on
Aug 20, 2007
Sold by
Rimland Gloria B
Bought by
Rimland Gloria B

Purchase Details

Closed on
Oct 14, 2006
Sold by
Rimland Bernard and Rimland Gloria B
Bought by
Rimland Bernard and Rimland Gloria B

Purchase Details

Closed on
Apr 5, 1984
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $1,333,000 Ticor Title - San Diego Branch
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $143,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $799,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Sold $1,333,000 +0.6% $659 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $1,325,000 -- $655 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,729 $297,058 $145,007 $152,051
2024 $3,729 $291,234 $142,164 $149,070
2023 $3,649 $285,525 $139,377 $146,148
2022 $3,547 $279,928 $136,645 $143,283
2021 $3,518 $274,440 $133,966 $140,474
2020 $3,475 $271,627 $132,593 $139,034
2019 $3,413 $266,302 $129,994 $136,308
2018 $3,195 $261,082 $127,446 $133,636
2017 $3,119 $255,964 $124,948 $131,016
2016 $3,068 $250,947 $122,499 $128,448
2015 $3,022 $247,178 $120,659 $126,519
2014 $2,976 $242,337 $118,296 $124,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2500917

California Regional Multiple Listing Service (CRMLS)

APN: 440-553-04