NOT LISTED FOR SALE
4 Beds
2 Baths
1,433 Sq Ft
8,712 Sq Ft Lot

Last Sold May 25, 2018

Last sale price $532,000 $371 Per Sq Ft

89 Days on Market

About This Home

As of May 2018

Major Price Reduction. Motivated Seller. Units show VERY WELL!! Fully Remodeled and Upgraded including Newer Roof, Paint, Stucco, Elect, Windows, Hot H2O Heaters, Kitchens, Bathrooms, Appliances, Ceiling Fans, Microwaves. Wash & Dryer Package in each unit. New Concrete throughout. Each unit with Individ Yards!! Ideally located near several schools, shopping and major public transportation and freeway lines. New Owner will be taking over a practically brand new income producing property!!!!

Last Agent to Sell the Property

Thomas McCartin

Marcus & Millichap License #01427348 Listed on: 01/25/2018

Last Buyer's Agent

Jeff Duran

CA-RES License #01775846

CA-RES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,363

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 471-692-12-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $22,651

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,363

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Euclid Ave & Lantana Dr
  • Neighborhood: City Heights
  • LP / Sq Ft: 21.54
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Total Stories: 2
  • Year Built: 1930
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Condo/Co-op/Association

  • Community: CITY HEIGHTS

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Zoning: R-4 Multip
  • Assessor Parcel Number: 471-692-12-00
  • Land Use Code: 1101
  • Estimated Number of Acres: 0.2

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 22651
  • Annual Expense Actual: 11249
  • Annual Expense Projected: 11249
  • Gross Rent Multiplier Actual: 15.78
  • Gross Rent Multiplier Projected: 14.38
  • Gross Sched Income Actual: 33900
  • Gross Sched Income Projected: 37200
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 1
  • Number Of Units With Refrigerator: 1
  • Number Of Units With Washers: 1

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $532,000 -0.6% $371 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/04/2018 04/04/18 Price Changed $535,000 -1.8% $373 / Sq Ft
04/02/2018 04/02/18 Price Changed $545,000 -5.2% $380 / Sq Ft
02/27/2018 02/27/18 Price Changed $575,000 -2.5% $401 / Sq Ft
01/25/2018 01/25/18 For Sale $590,000 +90.3% $412 / Sq Ft
01/30/2015 01/30/15 Sold $310,000 +3.4% $217 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $299,900 -- $210 / Sq Ft
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 $8,363 $684,652 $325,440 $359,212
2023 $7,816 $641,816 $319,059 $322,757
2022 $6,886 $570,408 $312,803 $257,605
2021 $6,838 $559,224 $306,670 $252,554
2020 $6,754 $553,491 $303,526 $249,965
2019 $6,632 $542,639 $297,575 $245,064
2018 $3,879 $327,439 $179,563 $147,876
2017 $3,787 $321,020 $176,043 $144,977
2016 $3,726 $314,727 $172,592 $142,135
2015 $6,612 $567,387 $370,098 $197,289
2014 $6,507 $556,274 $362,849 $193,425
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 180004371

San Diego MLS

APN: 471-692-12