NOT LISTED FOR SALE

5129 Remington Rd San Diego, CA 92115

College West Neighborhood

Estimated Value: $1,446,000 - $1,922,000

9 Beds
5 Baths
3,241 Sq Ft
$493/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $1,825,000 $563 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $9,579/month

19 Days on Market

Highlights

  • Partially Fenced Property
  • Hardy Elementary School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of February 2024

Beautiful College View Estates Investment Property! This 2-unit property is perfect for an investor or for someone to live in one unit and rent out the other. In front is a brand new built 2-story ADU with 4 beds, 2 full baths, paid solar panels, and 2 balconies with amazing views! The single-story main house has been fully renovated and has 5 bedrooms with 3 full baths. Both units have designer kitchens and baths with quartz countertops, stainless steel appliances, recessed lighting, LVP flooring throughout, dual-pane windows, and much much more! Conveniently located close to SDSU in the sought-after neighborhood of College View Estates.

Last Agent to Sell the Property

Erick Gydesen

LPT Realty,Inc License #01945932 Listed on: 12/20/2023

LPT Realty,Inc

Co-Listed By

Anthony DaSilva

TXR Homes, Inc. License #01968737

Last Buyer's Agent

Tony Hanggie

Pacific Sotheby's Int'l Realty License #00904747

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,029

Year Built

  • Built in 1957

Lot Details

  • 6,800 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Net Operating Income $78,000

Listing and Financial Details

  • Assessor Parcel Number 461-500-12-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,029

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Saxon St
  • Neighborhood: College View Estates
  • LP / Sq Ft: 20.34
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1957
  • 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: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Community: SAN DIEGO
  • Manager Name: Wander Rental
  • Manager Phone: 858-531-1760

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 461-500-12-00
  • Estimated Lot Sq Ft: 6800
  • Estimated Number of Acres: 0.16
  • Map Code Column: A
  • Map Code Page: 1270
  • Map Code Row: 1

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 78000
  • Annual Expense Actual: 12000
  • Annual Expense Projected: 24000
  • Gross Rent Multiplier Actual: 14.0
  • Gross Rent Multiplier Projected: 13.5
  • Gross Sched Income Actual: 78000
  • Gross Sched Income Projected: 140400
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
Jan 10, 2024
Sold by
Mosvatn Llc
Bought by
Room 2 Room Llc
Seller's Agent
Erick Gydesen
LPT Realty,Inc
Buyer's Agent
Tony Hanggie
Pacific Sotheby's Int'l Realty
List Price
$1,899,900
Sold Price
$1,825,000
Premium/Discount to List
-$74,900
-3.94%
Views
205
Current Estimated Value
$1,581,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$243,370
Avg. Annual Appreciation
-5.31%
Original Mortgage
$600,000
Outstanding Balance
$590,001
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$1,094,394

Purchase Details

Closed on
Jun 2, 2022
Sold by
Maisel Family Revocable Trust
Bought by
Mosvatn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,321,900
Interest Rate
5.09%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 29, 1994
Sold by
Maisel Alex and Maisel Marian S
Bought by
Maisel Alex and Maisel Marian S
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Room 2 Room Llc $1,825,000 Corinthian Title
Mosvatn Llc $950,000 Corinthian Title
Maisel Alex -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Room 2 Room Llc $600,000
Previous Owner Mosvatn Llc $1,321,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $1,825,000 -3.9% $563 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
12/20/2023 12/20/23 For Sale $1,899,900 -- $586 / 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
2025 $11,029 $1,861,500 $1,356,600 $504,900
2024 $11,029 $892,000 $694,000 $198,000
2023 $10,997 $892,000 $694,000 $198,000
2022 $1,499 $124,691 $35,241 $89,450
2021 $1,486 $122,247 $34,550 $87,697
2020 $1,466 $120,994 $34,196 $86,798
2019 $1,440 $118,623 $33,526 $85,097
2018 $1,347 $116,298 $32,869 $83,429
2017 $1,313 $114,019 $32,225 $81,794
2016 $1,289 $111,785 $31,594 $80,191
2015 $1,269 $110,107 $31,120 $78,987
2014 $1,249 $107,951 $30,511 $77,440
Source: Public Records

Agents Affiliated with this Home

  • Erick Gydesen

    Seller's Agent in 2024

    Erick Gydesen

    LPT Realty,Inc

    (858) 356-7295

    7 in this area

    779 Total Sales

    Section Image
  • Anthony DaSilva

    Seller Co-Listing Agent in 2024

    Anthony DaSilva

    TXR Homes, Inc.

    (858) 922-5995

    1 in this area

    46 Total Sales

    Section Image

  • T

    Buyer's Agent in 2024

    Tony Hanggie

    Pacific Sotheby's Int'l Realty

See All Agents

Map

Source: San Diego MLS

MLS Number: 230024242

San Diego MLS

APN: 461-500-12

California San Diego County San Diego 92115 College West

5129 Remington Rd, San Diego, CA

This home is located at 5129 Remington Rd, San Diego, CA 92115 since 20 December 2023 and is currently estimated at $1,596,232, approximately $492 per square foot. This property was built in 1957. 5129 Remington Rd is a home located in San Diego County with nearby schools including Hardy Elementary School, Lewis Middle School, and Patrick Henry High School.

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