NOT LISTED FOR SALE

514 Cesar e Chavez Pkwy Unit 16 San Diego, CA 92113

Logan Heights Neighborhood
6 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold July 30, 2015

Last sale price $490,000

90 Days on Market

Highlights

  • Property is Fully Fenced
  • 1-Story Property
  • 1-minute walk to 25Th & Commercial

About This Home

As of July 2015

This fantastic duplex is located in the rapidly improving and in-demand Logan Heights area. Each unit has had substantial renovations over the last few years including laminate flooring, granite counters (Back unit), exterior and interior paint, and landscaping. This property is perfect for investors or owner-occupiers as owner-occupiers can live in one of the units and rent the other out with the potential to pay off the mortgage and even earn some cash flow. Plenty of on-site parking. The CAP rate and GRM are based upon $525,000 purchase price. Logan Heights is a neighborhood in central San Diego, California. It is bordered by Interstate 5 on the south and west, Interstate 15 on the east, and Imperial Avenue on the north. In recent years, the area has seen significant improvements and is expected to provide tremendous opportunities for investments and cash flow. Nearby at Main Street and Cesar Chavez Parkway, the San Diego Community College District is building a new 50,000-square-foot continuing-education complex that will bring hundreds of students to the area. In addition, the property is close to new amenities such as the neighborhood Wal-Mart and the new mixed use development project, Paseo22.

Last Agent to Sell the Property

David Cameron

South Coast Commercial, Inc. License #01269169 Listed on: 05/22/2015

Co-Listed By

Alex Gamboa

Realty Experts License #01948446

Last Buyer's Agent

william waldron

The Turtlestone Group License #01279781

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 4,792

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Property is Fully Fenced

Listing and Financial Details

  • Tenant pays for sewer, water, electricity, gas/propane, hot water
  • Assessor Parcel Number 5381201600

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $26,297

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Cesar E Chavez & Harrison
  • Neighborhood: Logan Heights
  • Supplement: The CAP rate and GRM are based upon $525,000 purchase price. Logan Heights is a neighborhood in central San Diego, California. It is bordered by Interstate 5 on the south and west, Interstate 15 on the east, and Imperial Avenue on the north. In recent years, the area has seen significant improvements and is expected to provide tremendous opportunities for investments and cash flow. Nearby at Main Street and Cesar Chavez Parkway, the San Diego Community College District is building a new 50,000-square-foot continuing-education complex that will bring hundreds of students to the area. In addition, the property is close to new amenities such as the neighborhood Wal-Mart and the new mixed use development project, Paseo22.
  • Stories: 1 Story
  • Sale Price List Price: 0.93
  • Total Stories: 1
  • Year Built: 1937
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco, Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Condo/Co-op/Association

  • Community: LOGAN HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 5381201600
  • Land Use Code: Mult

Rental Info

  • Tenant Pays: Sewer, Water, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 26297
  • Annual Expense Actual: 8693
  • Gross Rent Multiplier Actual: 14.6
  • Gross Sched Income Actual: 36072
  • Number Of Buildings: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

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
07/30/2015 07/30/15 Sold $490,000 -6.7% --
06/16/2015 06/16/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $525,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Cameron

    South Coast Commercial, Inc.

  • A

    Seller Co-Listing Agent in 2015

    Alex Gamboa

    Realty Experts

    Section Image
  • william waldron

    Buyer's Agent in 2015

    william waldron

    The Turtlestone Group

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 150027916

San Diego MLS

APN: 538-120-16-00

California San Diego County San Diego 92113 Logan Heights

514 Cesar e Chavez Pkwy Unit 16, San Diego, CA

This home is located at 514 Cesar e Chavez Pkwy Unit 16, San Diego, CA 92113 since 22 May 2015. This property was built in 1937. 514 Cesar e Chavez Pkwy Unit 16 is a home located in San Diego County with nearby schools including Burbank Elementary School, Logan Memorial Educational Campus, and King-Chavez Academy Of Excellence.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Diego MLS This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.

Nearby Homes