M
Seller's Agent in 2021
Marco Roman
Marco Roman, Broker
(619) 550-2950
1 in this area
1 Total Sale
4979 Auburn Dr San Diego, CA 92105
Chollas Creek Neighborhood
27
Beds
16
Baths
10,653
Sq Ft
16,741
Sq Ft Lot
Highlights
- 16,741 Sq Ft lot
- Landscaped
- Wood Fence
- Tile Flooring
About This Home
As of September 2021We are pleased to offer 8 Large Townhomes in the thriving City Heights neighborhood of San Diego. All units have off-street parking, laundry hookups, private rear patio areas, and have undergone recent remodeling of bathrooms. Flooring of all units common areas have low-maintenance ceramic tile. Additional upgrading of appliances could also open these units up to the next higher tier of market rents. The larger townhome format layouts, and resulting larger tenant family units, along with the individual metering of utilities, result in a lower operating cost percentage, as well as lessened required management oversight. Overall, 4979 Auburn Drive represents an exceptional piece of investment property in the globally desired San Diego California rental market, both through long-term cash flow and as a value-add opportunity. [Note: "Projected" rents and financials are based on ACTUAL rents currently paid on units in this property of the same size, and finish]
Last Agent to Sell the Property
Marco Roman, Broker License #01907397 Listed on: 04/18/2021
Last Buyer's Agent
Peter Valleau
Valleau and Associates License #01104104
Townhouse Details
Home Type
- Townhome
Lot Details
- 0.38 Acre Lot
- Wood Fence
- Landscaped
Home Design
- Composition Roof
Interior Spaces
- 27 Bedrooms
- 10,653 Sq Ft Home
- 2-Story Property
Flooring
- Wall to Wall Carpet
- Tile
Parking
- 10 Parking Spaces
- Parking Available
Utilities
- Radiant Heating System
Listing and Financial Details
- Total Actual Rent $18,772
Community Details
Overview
- 3 Buildings
- 8 Units
Building Details
- 8 Leased Units
- Operating Expense $62,336
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | $2,935,000 | 0.0% | $276 / Sq Ft |
| 05/26/2021 05/26/21 | Off Market | $2,935,000 | -- | -- |
| 04/19/2021 04/19/21 | For Sale | $3,185,000 | -- | $299 / Sq Ft |
Source: San Diego MLS
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 | $37,558 | $3,114,645 | $2,053,437 | $1,061,208 |
| 2024 | $37,558 | $3,053,574 | $2,013,174 | $1,040,400 |
| 2023 | $36,729 | $2,993,700 | $1,973,700 | $1,020,000 |
| 2022 | $35,751 | $1,710,082 | $566,252 | $1,143,830 |
| 2021 | $21,123 | $1,710,082 | $566,252 | $1,143,830 |
| 2020 | $20,867 | $1,692,548 | $560,446 | $1,132,102 |
| 2019 | $20,494 | $1,659,361 | $549,457 | $1,109,904 |
| 2018 | $19,159 | $1,626,826 | $538,684 | $1,088,142 |
| 2017 | $18,703 | $1,594,928 | $528,122 | $1,066,806 |
| 2016 | $18,403 | $1,563,656 | $517,767 | $1,045,889 |
| 2015 | $18,131 | $1,540,169 | $509,990 | $1,030,179 |
| 2014 | $5,027 | $422,734 | $147,802 | $274,932 |
Source: Public Records
Agents Affiliated with this Home
-
Marco Roman
-
P
Buyer's Agent in 2021
Peter Valleau
Valleau and Associates
Map
Source: San Diego MLS
MLS Number: SDC0000117
APN: 471-800-12-00
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