Seller's Agent in 2021
Cameron Ebrahimi
Bridgepoint Realty Inc
(858) 380-8553
1 in this area
8 Total Sales
BACK ON MARKET! One of the lowest price per unit fourplexes in San Diego County. The property consists of Four spacious - 2bed/1baths averaging - $1,300 a month on a well maintained two story structure, 3 of the 4 tenants are Section 8. Built in 1980's, most of the units are in good condition with one needing light TLC. Recently inspected with no structural issues, roof, plumbing, electrical, foundation and recently cleared for Section 1 termite clearance. The 8,198 sq. ft lot includes four tandem size off-street parking spaces and four extra-large storage spaces that can be rented for additional income along with a back patio barbecue and common area for tenants and guests to enjoy. All leases are month to month, with minor interior upgrades and future rent stabilization this is above a 5.5% CAP. The property is located just south of Talmadge and El Cajon Blvd in City Heights. Tenants enjoy close proximity to places of employment, entertainment, city transportation and recreation. The area has seen considerable improvement over the past decade and will continue to reap the benefits of development and gentrification. This is a great investment for any multi-family investor.
Last Agent to Sell the Property
Bridgepoint Realty Inc License #01820290 Listed on: 06/03/2021
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2021 08/04/21 | Sold | $1,040,000 | -5.5% | -- |
| 07/01/2021 07/01/21 | Pending | -- | -- | -- |
| 06/03/2021 06/03/21 | For Sale | $1,100,000 | -- | -- |
| 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 | $13,386 | $1,107,900 | $848,966 | $258,934 |
| 2024 | $13,386 | $1,086,177 | $832,320 | $253,857 |
| 2023 | $13,090 | $1,064,880 | $816,000 | $248,880 |
| 2022 | $12,741 | $277,511 | $86,116 | $191,395 |
| 2021 | $3,462 | $277,511 | $86,116 | $191,395 |
| 2020 | $3,420 | $274,666 | $85,233 | $189,433 |
| 2019 | $3,360 | $269,281 | $83,562 | $185,719 |
| 2018 | $3,142 | $264,002 | $81,924 | $182,078 |
| 2017 | $3,067 | $258,826 | $80,318 | $178,508 |
| 2016 | $3,015 | $253,752 | $78,744 | $175,008 |
| 2015 | $2,971 | $249,942 | $77,562 | $172,380 |
| 2014 | $2,926 | $245,047 | $76,043 | $169,004 |
Seller's Agent in 2021
Cameron Ebrahimi
Bridgepoint Realty Inc
(858) 380-8553
1 in this area
8 Total Sales
Buyer's Agent in 2021
James De Leon
Black Label Realty
(925) 301-3212
1 in this area
19 Total Sales
Source: San Diego MLS
MLS Number: 210015183
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